# CHUBB EXCESS LIABILITY INSURANCE

## Endorsement

**Policy Period:** MAY 21, 2017 To MAY 21, 2018  
**Effective Date:** May 21, 2017  
**Policy Number:** 7966-56-84  
**Insured:** INTERNATIONAL BUSINESS MACHINES CORPORATION  
**Name of Company:** FEDERAL INSURANCE COMPANY  
**Date Issued:** May 23, 2017  

## 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:
   a. an air carrier or vessel as described in the terrorism law; or
   b. 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.