# 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, Armonk, NY 10504, U.S.A.

**Item 2.**
- **Policy Period:** From: May 21, 2023 at 12:01 am standard time at the address of the Named Insured.
- To: May 21, 2024 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 008
- **Coverage:** Enhanced Lead Umbrella - Occurrence
- **Binder Dated:** May 8, 2023
- **Policy Period:** From: May 21, 2023
- To: May 21, 2024
- **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)

**BSF 03 - Ed 02/22**

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