# Risk Details - Wording

## AON Short Excess Form (London) 03-14 (OCC) (Surplus Lines Basis)

### Declarations

#### Item 1.
a) **Named Insured:** International Business Machines Corporation and as more fully set forth in the Followed Policy.

b) **Address of Named Insured:** One New Orchard Road, Mail Drop 109, Armonk, New York 10504, United States of America

#### Item 2.
**Policy Period:**
From: 21st May 2021 at 12:01 a.m. standard time at the address of the Named Insured.
To: 21st June 2022 at 12:01 a.m. standard time at the address of the Named Insured.

#### Item 3.
a) **Followed Policy:**
- **Company:** ACE Property and Casualty Insurance Company
- **Policy Number:** XEU G27983212 006
- **Coverage:** Umbrella Liability
- **Policy Period:**
  From: 21st May 2021 at 12:01 a.m. standard time at the address of the Named Insured.
  To: 21st May 2022 at 12:01 a.m. standard time at the address of the Named Insured.
- **Limits of Liability:** USD 25,000,000 each Occurrence and in the aggregate where applicable.

b) **Underlying Policy(ies):** As per Schedule of Underlying Policy(ies).

#### Item 4.
**Limit of Liability:**
(Insuring Agreement 2)
a) USD 100,000,000 each Occurrence.
b) USD 100,000,000 annual aggregate where stated in the Followed Policy.

#### Item 5.
**Underlying Limits:**
(Insuring Agreement 2)
a) USD 125,000,000 each Occurrence.
b) USD 125,000,000 annual aggregate where applicable.

![Signature](attachment:signature.png)