MEMBER OF

**Great American**

**INSURANCE GROUP**

---

April 28, 2021

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:** 05/21/21 to 05/21/22 12:01am Standard Time at the address stated above  

**Policy Number:** EXC 3847525  

**Coverage:** Excess Umbrella-Commercial  

**Policy Limits:** $25,000,000 each occurrence/aggregate excess of $50,000,000 shown below  

**Underlying Insurance:**

**Umbrella Liability-shared limit**  
Insuring Company: ACE Property & Casualty Ins. Co.  
$25,000,000 Each Occurrence  
$25,000,000 General Aggregate  
$25,000,000 Prod/Cmpltd Ops Aggregate  

**Canadian Umbrella-shared limit**  
Insuring Company: ACE INA Insurance  
$1,000,000 Each Occurrence  
$1,000,000 General Aggregate  
$1,000,000 Prod/Cmpltd Ops Aggregate  

**1stExcess**  
Insuring Company: The Ohio Casualty Ins Co  
$25,000,000 Per Occurrence  
$25,000,000 Aggregate where Applicable  

---

Page 1 of 2