# AON

## THE BERMUDA SHORTS FORM - 03 (02/22)

## RISK DETAILS / 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, NY 10504, U.S.A.

**Item 2.** **Policy Period:**
- From: May 21, 2022 at 12:01 am standard time at the address of the Named Insured.
- To: May 21, 2023 at 12:01 am standard time at the address of the Named Insured.

**Item 3.** **Retroactive Date:** N/A

**Item 4.**
- **a) Followed Policy:**
  - **Company:** ACE Property and Casualty Insurance Company
  - **Policy Number:** XEU G27983212 007
  - **Coverage:** Enhanced Lead Umbrella - OccuiTence
  - **Binder Dated:** May 5, 2022
  - **Policy Period:**
    - From: May 21, 2022
    - To: May 21, 2023
  - **Limits of Liability:** USD 25,000,000
- **b) Underlying Policy(ies):** As per Endorsement No. 1 Schedule of Excess Policy(ies) Section I - Schedule of Underlying Policy(ies)
- **c) Quota-Share Policy(ies):** As per Endorsement No. 1 Schedule of Excess Policy(ies) Section II - Schedule of Quota-Share Policy(ies)

**Item 5.** **Limit of Liability: (Insuring Agreements 2):**
- **a) USD 75,000,000 each Occurrence, Claim or Loss**
- **b) USD 75,000,000 Aggregate (where applicable)**

**Item 6.** **Underlying Limits: (Insuring Agreements 2):**
- **a) USD 225,000,000 each Occurrence, Claim or Loss**
- **b) USD 225,000,000 Aggregate (where applicable)**

AON (Bermuda) Ltd., Point House, 6 Front Street, Hamilton HM 11, Bermuda