# CHUBB MAJOR ACCOUNTS EXCESS CASUALTY BINDER

**New York**
1133 Avenue of the Americas, 41st Floor
New York, NY 10036

**DATE:** 05/18/2020
**TO:** Timothy Neumeyer
AON RISK SERVICES NORTHEAST INC
1 LIBERTY PLAZA-REGUS, NEW YORK, New York 10006

**PRODUCER E-MAIL:** Timothy.Neumeyer@aon.com
**NAMED INSURED:** International Business Machines Corporation
**ADDRESS:** One New Orchard Road, (Mail Drop 1, Armonk, New York, 10504
**INCEPTION DATE:** 05/21/2020
**EXPIRATION DATE:** 05/21/2021
**ISSUING COMPANY:** ACE Property and Casualty Insurance Company
**POLICY SYMBOL AND NUMBER:** XEU G27983212 005
**POLICY TYPE:** Enhanced Lead Umbrella - Occurrence
**FORM TYPE:** XSE-50762 (05/18)
**Claims-Made Retro Date (if applicable):** N/A
**POLICY LIMITS:**
- $25,000,000 Each Occurrence
- $25,000,000 General Aggregate
- $25,000,000 Products Completed Operations Aggregate
- $250,000 Each Occurrence without Aggregate
- $250,000 Each Occurrence
- $15,000,000 Aggregate
- $20,000,000 Aggregate
**Umbrella Coverage SIR:** N/A
**Catastrophe Management:** $250,000 Each Occurrence
**Enhanced Coverage SIR:** $15,000,000 Aggregate
**Enhanced Coverage SIR:** $20,000,000 Aggregate
**Pollution Knowledge Timeframe:** 30 Days
**Pollution Reporting Timeframe:** 90 Days
**PREMIUM:** $886,595
- includes TRIA coverage cost: $42,219
- State surcharge cost: $0
**ADJUSTMENT:** Flat
**COMMISSION:** 0%

## Foreign Local Policies

| Canadian Policy: | $8,992 | Premium NOT INCLUDED in the above policy premium, ADDITIONAL fees & charges shown below. |
|------------------|--------|-----------------------------------------------------------------------------------------------|
|                   | $1,638 | ADDITIONAL Local fees & charges for policy issuance. |
|                   | $10,630 | TOTAL of Premium, Fees & Charges. Amounts do not include separate Insured Payable Taxes. |

**TOTAL PREMIUM:** $895,587
- This amount does not include additional local fees & charges, and separate Insured Payable Taxes.

**TOTAL AMOUNT BILLED: Including designated local fees & charges** $897,225
- These amounts do not include the separate Insured Payable Taxes.

**NOTICE:** THESE POLICY FORMS AND THE APPLICABLE RATES ARE EXEMPT FROM THE FILING REQUIREMENTS OF THE NEW YORK INSURANCE LAW AND REGULATIONS. HOWEVER, THE FORMS AND