# Schedule of Excess Policy (IES)

**Endorsement No:** 1

**This endorsement, effective:** May 21, 2010 (at 12:01 A.M. prevailing time at the address of the Named Insured as shown in item 1(b) of the Declarations)

**forms a part of Policy No:** 25413435

**Issued to:** International Business Machines Corporation

**by:** Chartis Excess Limited

## SCHEDULE OF EXCESS POLICY (IES)

| Type of Coverage | Insurer | Policy Number | Policy Period | Limits of Liability |
|------------------|---------|---------------|---------------|---------------------|
| Lead Umbrella - Occurrence | ACE Property & Casualty Insurance Company | XOO G2 49 07 33 8 | May 21, 2010 to May 21, 2011 | US$50,000,000 Each Occurrence General Aggregate Products/Completed Operations Aggregate |
| Excess Liability | Great American Insurance Company | EXC 1679516 | May 21, 2010 to May 21, 2011 | US$25,000,000 Each Occurrence General Aggregate Products/Completed Operations Aggregate (excess of items 1, above) |
| Excess Liability | Endurance Specialty Insurance Ltd. | EXC10000024501 | May 21, 2010 to May 21, 2011 | US$25,000,000 Each Occurrence General Aggregate Products/Completed Operations Aggregate (excess of items 1 & 2, above) |

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**Chartis Excess Limited is registered in Ireland and regulated by the Irish Financial Services Regulatory Authority.**

**Registered Office:** 30 North Wall Quay, IFSC, Dublin 1, Ireland. Registration No. 279452