# Excess Liability Policy Declarations

## Fireman's Fund Insurance Companies

**Policy Number:** SHX-000-6078-4188

**Policy Period:** From 05/21/09 to 05/21/10 (12:01 A.M. Standard time at the address of the Named Insured as stated herein)

**Coverage is provided in the following company, a stock company:**
- 07 National Surety Corporation

**Named Insured and Mailing Address:**
- International Business Machines Corporation et al., as per First Underlying Insurance
- One North Castle Drive
- Mail Drop 222
- Armonk, NY 10504

**In return for the payment of the premium, and subject to all the terms of this policy, we agree with you to provide the insurance as stated in this policy.**

## Limits of Insurance
As per endorsement #178210-1-02R.

**Underlying Insurance Limits:**
- Each Occurrence: $200,000,000
- General Aggregate: $200,000,000
- Products Aggregate: $200,000,000

## Premium
**Basis of premium:** Flat charge

- Advance Premium: $81,250
- Annual Minimum Premium: $81,250
- Includes Terrorism Risk Insurance Act - Certified Acts Coverage: $1,592

## Schedule of Underlying Insurance
This schedule is described within Form No. 178457 2-91 which forms a part of this policy's declarations.

## Schedule of Endorsements
This schedule is described within Form No. 178250-04-04 which forms a part of this policy's declarations.

## Date of Issue: 06/11/2009
**Countersignature of Authorized Agent:**

This declarations page is issued in conjunction with and forms a part of Policy Form 5303 10-02.

| Und Group | Branch | Producer Code | Producer | Comm. |
|-----------|--------|---------------|----------|-------|
| I         | MWR    | 31 490 629   | AON RISK SERVICES NORTHEAST, INC. | 0.00% |

| Audit Frequency | Previous Policy No. |
|-----------------|---------------------|
| 0               | SHX-000-8105-5105   |