# Declarations

## ACE Umbrella Plus™
### Commercial Umbrella Liability Policy

| PRODUCER CODE | OFFICE | PREVIOUS POLICY NUMBER |
|---------------|--------|-----------------------|
| 380063        | New York | G2464845A             |

**AUDIT FREQUENCY:** Not Subject

**PRODUCER:** AON RISK SERVICES NORTHEAST INC

**PAC:** NTA

**NAMED INSURED IS:** Business of Insured Corporation

**PIIC:** 8742

**Policy Number:** XOO G24895944

**Policy Period:** From 05/21/2009 to 05/21/2010 12:01 A.M. Standard Time at the Address of the Named Insured as stated herein

**NAMED INSURED AND ADDRESS:** International Business Machines Corporation CHQ Global Risk & Insurance Management One North Castle Drive Mail Drop 222 Armonk, NY 10504

**COVERAGE IS PROVIDED IN THE COMPANY DESIGNATED BELOW:** ACE Property and Casualty Insurance Company

**Limits of Insurance:**  
- $50,000,000 Each Occurrence  
- $50,000,000 General Aggregate  
- $50,000,000 Products Completed Operations Aggregate  

**Self Insured Retention:** N/A

**Premium:**  
- Basis of Premium: Flat  
- $690,000 Advance Premium, $690,000 Annual Minimum Premium  
- $90,000 Terrorism Premium included in Advance Premium

**Schedule of Underlying Insurance:** The Schedule is described on form no.CC1E15, which forms a part of this Policy's Declarations.

**Endorsements Attached to and forming a part of this Policy at inception:** See attached Schedule of Endorsements

**DATE OF ISSUE:** May 20, 2009

**SIGNATURE OF AUTHORIZED AGENT:** [Signature]

**CLASS CODE:** 2-13000

**XS-22695 (06/2008)**

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**NOTICE:** THESE POLICY FORMS AND THE APPLICABLE RATES ARE EXEMPT FROM THE FILING 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.