**Johnson & Higgins**
**Willis Faber Ltd.**

**Commission (Rate(s))**: 100

**Date Issued**: 6/21/79
**New Replacement of**: RDX 1788889

**Producer No.**: 034344
**Branch**: 032
**Prefix**: RDX
**Policy Number**: 178 90 14

**Named Insured & Address**: International Business Machines Corp., etal
(See Endt. #2)
Armonk, New York

**Policy Period**: 5/21/79 to 5/21/80

**COPY OF THE EXCESS THIRD PARTY LIABILITY POLICY FORM G-40219-A**

**Schedule of Underlying Insurance: Insurer and Policy Number**

**Centennial Insurance Co.**, 2,000/2,000 CSL

**Limits of Liability**: The limit of the Company's liability shall be as stated herein, subject to all the terms of this policy having reference thereto.

| COLUMN I | IN EXCESS OF | COLUMN II | COLUMN III |
|----------|---------------|-----------|------------|
| **Company Limits** | **Underlying Limits** | **Total Limit** | Coverage |
| $ Each Person | $ | $ | A. Bodily Injury Automobile |
| $ Each Occurrence | $ | $ | B. Bodily Injury Except Automobile |
| $ Each Person* | $ | $ | C. Property Damage Automobile |
| $ Each Occurrence | $ | $ | D. Property Damage Except Automobile |
| $ Aggregate | $ | $ | E. Combined Single Limit Bodily Injury and Property Damage |
| $ Each Occurrence | $ | $ | F. Other Excess Third Party |

**Premium Computation**

| Premium Basis | Estimated Exposure | Rate | Estimated Premium |
|---------------|--------------------|------|-------------------|
| Flat Charge For Period | | | $4,800 |

**Deposit Premium**: $4,800 on effective date of policy
**Minimum Premium**: $ Annual
**$4,800 Policy term**

**Audit Period**: None

*Absence of entry means the "each person" limit does not apply.*

**Form numbers attached at issuance see Endt. #1**

**Regional Copy**