# Excess Liability Following Form

## Short Excess Form

### Declarations

#### Item 1.
- **a.** Named Insured: International Business Machines Corporation
- **b.** Address of Named Insured: One New Orchard Road, (Mail Drop 109), Armonk, NY 10504

#### Item 2.
- **Policy Period:** From: May 21, 2022 at 12:01 am standard time at the address of the Named Insured.
- To: May 21, 2023 at 12:01 am standard time at the address of the Named Insured.

#### Item 3.
- **a.** Followed Policy:
  - **Insurer:** ACE Property and Casualty Insurance Company
  - **Policy Number:** XEU G27983212 007
  - **Coverage:** Lead Umbrella- Occurrence
  - **Policy Period:** From: May 21, 2022 To: May 21, 2023
  - **Limits of Liability:** $25,000,000 Each Occurrence, $25,000,000 General Aggregate, $25,000,000 Products Completed Operations Aggregate
- **b.** Underlying Policy(ies): As per Schedule of Excess Policy(ies) attached to this Policy
- **c.** Quota Share Policy(ies): As per Schedule of Excess Policy(ies) attached to this Policy

#### Item 4.
- **Limits of Liability:** (Insuring Agreement 2):
  - **a.** USD $25,000,000 Each Occurrence
  - **b.** USD $25,000,000 Aggregate, where applicable

#### Item 5.
- **Underlying Limits:** (Insuring Agreement 2):
  - **a.** USD $100,000,000 Each Occurrence
  - **b.** USD $100,000,000 Aggregate, where applicable
  - Which in turn is excess of various insurances and/or retentions as more fully set forth in the Followed Policy

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**AGRL XS ASF 1000 10 20**
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