# NAMED INSURED ENDORSEMENT

| Named Insured | International Business Machines Corporation |
|---------------|--------------------------------------------|
| Endorsement Number | 20 |

| Policy Symbol | XOO |
|---------------|-----|
| Policy Number | G2763848A |
| Policy Period | 05/21/2015 to 05/21/2016 |
| Effective Date of Endorsement | 05/21/2015 |

Issued By (Name of Insurance Company) | ACE Property and Casualty Insurance Company |

**THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY.**

This endorsement modifies insurance provided under the following:

- EXCESS LIABILITY CATASTROPHE POLICY
- EXCESS LIABILITY POLICY
- COMMERCIAL UMBRELLA LIABILITY POLICY

It is hereby understood and agreed that the following persons and organizations are added to the Declarations as Named Insureds:

- IBM Club

Authorized Agent
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This document outlines an endorsement for a named insured, detailing the policy changes and additions to the declarations.