# Schedule of Underlying Policy(ies)

## Insured:
- International Business Machines Corporation

## Policy No.:
- UFP0044276-01

## Endorsement No.:
- 1

## Effective Date:
- May 21, 2012

## Schedule of Underlying Policy(ies):

### Section I - Schedule of Underlying Policy(ies):

#### A) Followed Policy
1. **Umbrella Liability**
   - **Insurer:** Ace Property and Casualty Insurance Company
   - **Policy Period:** May 21, 2012 to May 21, 2013
   - **Limits of Liability:**
     - Each Occurrence: US$50,000,000
     - General Aggregate: US$50,000,000
     - Products Completed-Operation Aggregate: US$50,000,000
   - **Excess of underlying insurances and/or self insured retentions listed in the schedule of underlying and/or schedule of retained limits attached to the Followed Policy.**

#### B) Schedule of Intervening Policy(ies)
2. **Excess Liability**
   - **Insurer:** Great American Insurance Co. of NY
   - **Policy Period:** May 21, 2012 to May 21, 2013
   - **Limits of Liability:**
     - Each Occurrence: US$25,000,000
     - General Aggregate: US$25,000,000
     - Products/Completed Operations aggregate: US$25,000,000
   - (excess of item 1, above)

3. **Excess Liability**
   - **Insurer:** Endurance Specialty Insurance Ltd.
   - **Policy Period:** May 21, 2012 to May 21, 2013
   - **Limits of Liability:**
     - Each Occurrence, Claim or Loss Aggregate: US$25,000,000
   - (excess of items 1 & 2, above)

4. **Excess Liability**
   - **Insurer:** Ohio Casualty Insurance Company (25m)
   - **Policy Period:** May 21, 2012 to May 21, 2013
   - **Limits of Liability:**
     - Each Occurrence Aggregate Limit (Where Applicable): US$100,000,000