MEMBER OF
GREATAMERICAN
INSURANCE GROUP

Great American Professional Risk Insurance Services Inc.
Part of Great American Insurance Group
3436 Toringdon Way
Suite 200
Charlotte, NC 28277
(704) 364-5161

May 9, 2024

Tim Neumeyer
Aon Risk Services Northeast Inc
One Liberty Plaza 165 Broadway Ste. 3201
New York, NY 10006

RE: International Business Machines Corporation
One New Orchard Road, Mail Drop 109
Armonk, NY 10504

We are pleased to provide a binder of coverage for the above captioned risk as follows:

**Insurance Carrier:** Great American Spirit Ins. Company

**Policy Period:** 05/21/24 to 05/21/25 12:01am Standard Time at the address stated above

**Policy Number:** E XC 5613426

**Coverage:** Excess Umbrella-Commercial

**Policy Limits:** $15,000,000 CSL each occurrence/annual aggregate where applicable excess of $45,000,000 as described below

**Underlying Insurance:**

**Umbrella Liability-shared limit**
- Insuring Company: ACE Property & Casualty Ins. Co.
  - $15,000,000 Each Occurrence
  - $15,000,000 General Aggregate
  - $15,000,000 Prod/Cmpltd Ops Aggregate

**Canadian Umbrella -shared limit**
- Insuring Company: Chubb Ins Co of Canada
  - $1,000,000 Each Occurrence
  - $1,000,000 General Aggregate
  - $1,000,000 Prod/Cmpltd Ops Aggregate

**1stExcess**
- Insuring Company: Berkshire Hathaway Specialty Insurance Company
  - $15,000,000 xs $15,000,000

**2ndExcess**
- Insuring Company: Allianz Global Corporate & Specialty
  - $15,000,000 x $30,000,000

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