# ENDORSEMENT #0009

**THIS ENDORSEMENT, EFFECTIVE 12:01 A.M. MAY 21, 1993**

**FORMS A PART OF POLICY NO. BE 308-61-20**

**ISSUED TO:** INTERNATIONAL BUSINESS MACHINES CORPORATION

**BY:** NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA.

## ERISA EXCLUSION

IT IS AGREED THAT COVERAGE AFFORDED UNDER THIS POLICY SHALL NOT APPLY AS RESPECTS TO ANY OBLIGATIONS INCURRED OR IMPOSED UPON AN INSURED (OR WHICH IS IMPUTED TO AN INSURED) UNDER THE "EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974" PUBLIC LAW 93-406 AND ANY LAW AMENDATORY THEREOF.

ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED.

**AUTHORIZED REPRESENTATIVE**

**INSURED'S COPY**