# Payment of Premium Endorsement

**Insured:** International Business Machines Corp.

**Policy No.:** UFP0021773-00

**Endorsement No.:** 8

**Effective Date:** May 21, 2007

## PAYMENT OF PREMIUM ENDORSEMENT

In consideration of the premium charged, it is agreed that the following is added to this Policy, notwithstanding anything to the contrary in the Followed Policy:

### PAYMENT OF PREMIUM

It is agreed that the first Named Insured listed in Item 1 of the Declarations shall be responsible for and act on behalf of all Insureds with respect to the payment of any premiums due under this Policy.

All other terms and conditions of this Policy remain unchanged.

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**Arch Reinsurance Ltd.**

**By:**  
**Title:** Senior Vice President  
Underwriting Manager  
Excess Casualty  

**Date:** September 6, 2007  
**Ref:** OCXS 4007 Ed. 4/1/02

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