MEMBER OF

**Great American**

**INSURANCE GROUP**

Great American Professional Risk Insurance Services, Inc.

Part of Great American Insurance Group

11325 N. Community House Road Suite 200 Charlotte, NC 28277 (704) 364-5161

May 15, 2020

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:** 05/21/20 to 05/21/21 12:01am Standard Time at the address stated above

**Policy Number:** EXC 3275243

**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 P rods/Cmpltd Ops Aggregate

**Canadian Umbrella -shared limit**
Insuring Company: ACE INA Insurance
$25,000,000 Each Occurrence
$25,000,000 General Aggregate
$25,000,000 P rods/Cmpltd Ops Aggregate

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

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