# AIG American International Companies

## Umbrella Prime®
### Commercial Umbrella Liability Policy With CrisisResponse®

#### DECLARATIONS

The company issuing this policy is indicated by an "X" in the box to the left of the company's name.

- AIG Casualty Company
- AIU Insurance Company
- American Home Assurance Company
- American International Pacific Insurance Company
- American International South Insurance Company
- Commerce & Industry Insurance Company
  - X National Union Fire Insurance Company of Pittsburgh, Pa.
- Granite State Insurance Company
- Illinois National Insurance Company
- National Union Fire Insurance Company of Louisiana
- New Hampshire Insurance Company
- The Insurance Company of the State of Pennsylvania
  (each of the above being a capital stock company)

Executive Offices: 70 Pine Street, New York, NY 10270
Telephone No. 212-770-7000

#### POLICY NUMBER:
5443148
RENEWAL OF: 9834910

#### ITEM 1. NAMED INSURED:
INTERNATIONAL BUSINESS MACHINES CORPORATION

#### MAILING ADDRESS:
ONE NORTH CASTLE DRIVE
MAIL DROP 222
ARMONK, NY 10504

#### ITEM 2. POLICY PERIOD:
FROM: May 21, 2008
TO: May 21, 2009
(At 12:01 A.M., standard time, at the address of the Named Insured stated above.)

#### ITEM 3. LIMITS OF INSURANCE
The Limits of Insurance, subject to the terms of this policy, are:

A. $50,000,000 Each Occurrence
B. $50,000,000 General Aggregate (in accordance with Section IV. Limits of Insurance)
C. $50,000,000 Products-Completed Operations Aggregate (in accordance with Section IV. Limits of Insurance)
D. $250,000 CrisisResponse Sublimit of Insurance
E. $50,000 Excess Casualty CrisisFund Limit of Insurance

#### ITEM 4. SCHEDULED UNDERLYING INSURANCE - See Schedule of Underlying Insurance

#### ITEM 5. SELF-INSURED RETENTION -
Each Occurrence

#### ITEM 6. PREMIUM AND PREMIUM COMPUTATION
ESTIMATED TOTAL ANNUAL EXPOSURE: N/A
RATES PER: FLAT
MINIMUM PREMIUM: $685,000.00
ADVANCE PREMIUM: $685,000.00

#### ITEM 7. THIS POLICY INCLUDES THESE ENDORSEMENTS AT INCEPTION DATE: SEE ATTACHED SCHEDULE

PRODUCER NAME: ARTHUR J GALLAGHER RISK MANAGEMENT SERVICES INC
ADDRESS: 281 EAST MAIN ST, HOLY FOND PLAZA
STAMFORD, CT 06902

NOTICE: THESE POLICY FORMS AND THE APPLICABLE RATES ARE EXEMPT FROM THE FILE REQUIREMENTS OF THE NEW YORK STATE INSURANCE DEPARTMENT. HOWEVER, SUCH FORMS AND RATES MUST MEET THE MINIMUM STANDARDS OF THE NEW YORK INSURANCE LAW AND REGULATIONS.
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This document appears to be a commercial umbrella liability insurance policy issued by AIG American International Companies. It includes details such as the policy number, renewal information, named insured, mailing address, policy period, limits of insurance, scheduled underlying insurance, self-insured retention, premium and premium computation, and producer information.