# Endurance Specialty Insurance Ltd.

**The Wellesley House, 90 Pitts Bay Road, Pembroke HM 08, Bermuda**

**Telephone:** 441-278-0400 **Facsimile:** 441-296-1474

**For Claim Matters Only: Facsimile:** 441-278-0401 or eclaims@endurance.bm

## FOLLOWING FORM LIABILITY INSURANCE POLICY DECLARATIONS

**POLICY NO.:** P000466 006  
**RENEWAL OF:** P000466 005

### ITEM 1.
(a) **NAMED INSURED:** International Business Machines Corporation  
(b) **ADDRESS:** One North Castle Drive (MD 222) Armonk, NY 10504, USA

### ITEM 2.
**POLICY PERIOD:** Inception Date: May 21, 2008 To: May 21, 2009 (12:01 A.M. prevailing time at the address stated in Item 1 above)

### ITEM 3.
**RETROACTIVE DATE:** Not Applicable

### ITEM 4.
**COVERAGE:** Following Form Excess Liability

### ITEM 5.
**LIMITS OF LIABILITY:**  
US $ 25,000,000 Per Occurrence, Per Claim or Per Loss (per Followed Policy)  
US $ 25,000,000 Aggregate, where applicable  

**part of**  
US $ 200,000,000 Per Occurrence, Per Claim or Per Loss (per Followed Policy)  
US $ 200,000,000 Aggregate, where applicable  

Excess of Limits in ITEM 6 below

### ITEM 6.
**PER OCCURRENCE OR PER CLAIM (or per Followed Policy) RETENTION:**  
US $ 200,000,000 Per Occurrence, Per Claim or Per Loss  
US $ 200,000,000 Aggregate, where applicable  

Per Schedule of Underlying Excess Policies and/or Quota Share Policies  
See Endorsement No. 1

**Date of Issuance:** August 21, 2008  
**ESIL FF-04 Declarations (Ed. 06/07)**

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