# Non Followed Endorsement

**Named Insured:** International Business Machines Corporation  
**Policy Number:** ECA1KFW15A0W  
**Endorsement No.:** 2  
**Effective Date:** May 21, 2015

## NON FOLLOWED ENDORSEMENT

In consideration of the premium charged, it is agreed that the following is added to Item 8. of the Declarations:

**Item 8. FOLLOWED POLICY:**
Endorsements our Policy does not follow:

| Endorsement No. | Title |
|-----------------|-------|
| 8              | Catastrophe Management Coverage Endorsement |
| 30             | Punitive Damages Amendatory Endorsement |

All other terms and conditions of this Policy remain unchanged.

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**Aspen Bermuda Limited**

By: Marisa Baroo  
Title: Underwriter  
Date: July 14, 2015