# CHUBB EXCESS LIABILITY INSURANCE

## Endorsement

**Policy Period:** MAY 21, 2016 To MAY 21, 2017  
**Effective Date:** May 21, 2016  
**Policy Number:** 7966-56-84  
**Insured:** INTERNATIONAL BUSINESS MACHINES CORPORATION  
**Name of Company:** FEDERAL INSURANCE COMPANY  
**Date Issued:** June 8, 2016  

## Endorsement Terrorism Provisions

**THIS POLICY IS SUBJECT TO THE FOLLOWING ENDORSEMENT.**

A new section titled Terrorism Provisions is added to the end of this contract.

### Cap On Certified Terrorism Losses

If:
- aggregate insured losses attributable to one or more certified acts of terrorism under the terrorism law exceed $100 billion in a calendar year; and
- we have met our insurer deductible under the terrorism law,

we will not be liable for the payment of any portion of the amount of such losses that exceeds $100 billion, and in such case insured losses up to that amount are subject to pro rata allocation in accordance with procedures established by the Secretary of the Treasury.

## Terrorism Definitions

A new section titled Terrorism Definitions is added.

### Certified act of terrorism

means any act that is certified by the Secretary of the Treasury of the United States to be an act:

A. of terrorism, a violent act or an act that is dangerous to human life, property or infrastructure; and

B. that results in damage:

1. within the United States; or
2. outside of the United States in the case of:
   - an air carrier or vessel as described in the terrorism law; or
   - the premises of a mission of the United States of America,
which was committed by an individual or individuals as part of an effort to:
- coerce the civilian population; or
- influence the policy or affect the conduct of the Government, of the United States.