**JOHNSON & HIGGINS**
INSURANCE BROKERS - AVERAGE ADJUSTERS
95 WALL STREET * NEW YORK, N.Y. 10005
TEL (212) 482-2000

39311

INTERNATIONAL BUSINESS MACHINES CORP
ATTN: RICHARD FARON INS DEPT
ARMK N Y 10504

**ACCOUNT NO.:** 23155
**INSURED NO.:** 000
**DEPT. NO.:** 3
**BILLING DATE:** 06067

**COMPANY:** 39311
**REFERENCE NO.:** M1665042
**POLICY NO.:** 05217 05218
**DATE:** 05217 05218
**EXCESS:** 5 000
**UMBRELLA LIAB:** 000 PART OF 20 000
**EXCESS OF:** 130 000 000

**PREMIUM:** $ 4,840.00

825/030 JOHNSON & HIGGINS 95 WALL STREET * NEW YORK, N.Y. 10005