**MISSION INSURANCE COMPANY**

**NO. MNY 10230**
**SAY 14**, Inc.
**SA RNI A**

Mission Insurance Company, Los Angeles, California (hereinafter called the Company), agrees with the assured named below, in consideration of the payment of the premium and subject to the limits of liability, exclusions, conditions and other terms of this cover note of insurance, to provide insurance as set forth in the form(s) and endorsement(s) attached.

In favor of: **INTERNATIONAL BUSINESS MACHINES CORP.**

**ASSURED.**

**AMOUNT:** $500,000.00
**PREMIUM:** $500.00
**Address:** 590 MADISON AVENUE
**NEW YORK, NEW YORK**

**Type of Coverage:** EXCESS UMBRELLA LIABILITY INCLUDING AVIATION, EXCLUDING ERRORS AND OMISSIONS LIABILITY FOLLOWING CONTINENTAL CASUALTY FORM
**in the amount of $500,000, X's $87,200,000 LIABILITY OTHER THAN AIRCRAFT X's OF $82,200,000 AS RESPECTS AIRCRAFT EXCLUDING ERRORS AND OMISSIONS**

Beginning **12:01 AM** on the **2** day of **JUNE** **64**
and ending **12:01 AM** on the **21** day of **MAY** **67**
Standard time at the place of location of risks insured, and in accordance with terms and conditions of the form(s) attached