# Binder

**Date:** 5/20/2019

**Attention:** Mike Moran
**Brokerage:** R-T Specialty, LLC
**Address:** 1345 Avenue Of The Americas
**City:** New York
**State:** NY
**Zip:** 10019
**Email:** mike.moran@rtspecialty.com
**Office Phone:** 

We are pleased to bind the captioned risk as follows:

- **Policy Number:** CEX09600213-06
- **Renewal of:** CEX09600213-05
- **Coverage:** Excess Liability
- **Company:** Berkley National Insurance Company (Best Rated A+ XV) Admitted
- **Named Insured:** International Business Machines Corporation
- **Address:** One New Orchard Rd Maildrop 109
- **City:** Armonk
- **State:** NY
- **Zip:** 10504
- **Policy Term:** 05/21/2019 to 05/21/2020 (12:01 a.m. Standard Time on both dates, at the address of the Named Insured noted above)
- **Limits:**
  - $25,000,000 Each Occurrence
  - $25,000,000 Aggregate Limit (Where Applicable)
  - $50,000,000 Each Occurrence
  - $50,000,000 Aggregate Limit (Where Applicable) (In excess of the controlling underlying insurance shown below.)
- **Premium:**
  - $44,495.00 Annual
  - $0.00 TRIA Premium
  - $44,495.00 Total Premium