# Endorsement # 16

**This Endorsement, Effective 12:01 A.M.**
**MAY 21, 1999**
**Forms A Part Of**

**Policy Number:** BE 701 41 56
**Issued To:** International Business Machines Corporation
**By:** National Union Fire Insurance Company of Pittsburgh, PA.

## Contractual Liability Follow-Form Endorsement

This insurance does not apply to Bodily Injury, Property Damage, Personal Injury or Advertising Injury arising out of any liability assumed under any contracts, oral, written or implied, which are entered into by the Insured with any other individual, organization or other entity.

However, if insurance for such Bodily Injury, Property Damage, Personal Injury or Advertising Injury is provided by a policy listed in the Schedule of Underlying Insurance:

1. This exclusion shall not apply; and
2. The insurance provided by our policy will not be broader than the insurance coverage provided by the policy listed in the Schedule of Underlying Insurance.

ALL OTHER TERMS AND CONDITIONS OF THIS POLICY REMAIN UNCHANGED.

**Authorized Representative**  
**Date**