# NOTICE OF CHANGE ENDORSEMENT

**Endorsement No.:** 7  
**Policy No.:** 43-XSF-100238-01  
**Effective 12:01 AM:** 7/10/2014  
**Issued to:** International Business Machines Corporation  
**By:** National Liability & Fire Insurance Company  

The policy is hereby modified effective on the date listed above as follows:

It is hereby agreed and understood that Endorsement 4 - Issuance of Follow Form Excess Policy Prior to Issuance or Receipt of the Followed Underlying Policy(ies) (FF-XS-005-08/2013) and attached ACE binder are deleted in their entirety.

The premium associated with the foregoing policy modification is: $0

All other terms and conditions of this policy remain unchanged.

**Authorized Representative OR Countersignature (in states where applicable)**

CL-UN-097-01/2014  
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