# Schedule of Underlying Policy (IES)

## Insured:
- International Business Machines Corporation

## Policy Details:
- Policy No.: UFP0044276-00
- Endorsement No.: 1
- Effective Date: May 21, 2011

## Schedule of Underlying Policy (IES)

### Type of Coverage
- **Insurer:** ACE Property & Casualty Insurance Company
- **Policy Number:** XOO G25830854
- **Policy Period:** May 21, 2011 to May 21, 2012

### Limits of Liability
- **Each Occurrence:** US$50,000,000
- **General Aggregate:** US$50,000,000
- **Products Completed-Operation Aggregate:** US$50,000,000

### Section I – Schedule of Underlying Policy(ies):
#### A) Followed Policy
1. **Umbrella Liability**
   - **Insurer:** ACE Property & Casualty Insurance Company
   - **Policy No.:** XOO G25830854
   - **Policy Period:** May 21, 2011 to May 21, 2012
   - **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 No.:** EXC 2100825
   - **Policy Period:** May 21, 2011 to May 21, 2012
   - **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 No.:** EXC10000024502
   - **Policy Period:** May 21, 2011 to May 21, 2012
   - **Limits of Liability:**
     - Each Occurrence, Claim or Loss Aggregate: US$25,000,000
   - **(excess of items 1 & 2, above)**

4. **Excess Liability**
   - **Insurer:** The Ohio Casualty Insurance Company (25m)
   - **Policy No.:** ECO (12) 54088246
   - **Policy Period:** May 21, 2011 to May 21, 2012
   - **Limits of Liability:**
     - EACH OCCURRENCE AGGREGATE (WHERE APPLICABLE): US$100,000,000
     - US$100,000,000
   - **(excess of items 1 & 2, above)**

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