**Policy Number:** WE1000145

**RISK DETAILS**

- **UMR:** BO823WE1000145
- **TYPE:** EXCESS LIABILITY INSURANCE.
- **NAMED INSURED:** INTERNATIONAL BUSINESS MACHINES CORPORATION and as more fully set forth in the Lead Underlying Policy.
- **ADDRESS:** IBM Corporation, One New Orchard Road, (Mail Drop 109), Armonk, New York 10504, United States of America
- **PERIOD:** From: 21st May 2010 at 12:01 a.m. standard time at the address of the Named Insured above. To: 21st May 2011 at 12:01 a.m. standard time at the address of the Named Insured above.
- **INTEREST:** Covering in respect of the Insured's liability arising out of their business operations as more fully described in the Lead Underlying Policy.
- **LIMITS OF LIABILITY:** USD 200,000,000 each Occurrence. USD 200,000,000 annual aggregate where stated in the Lead Underlying Policy.
- **EXCESS OF:** USD 200,000,000 each Occurrence. USD 200,000,000 annual aggregate where applicable.
- **WHICH IN TURN EXCESS OF:** Various insurances and/or retentions as more fully set forth in the Lead Underlying Policy.
- **SITUATION:** Worldwide as more fully described in the Lead Underlying Policy.
- **CONDITIONS:** 1) London Short Excess Form 01-08 (OCC) Wording, as attached. 2) Notice of Occurrence:
  - To: The Company as shown in the attached Individual Security Details.
  - And: Aon Limited, North American Liability Claims Department, 8 Devonshire Square, London EC2M 4PL, United Kingdom.

**Market Submission - Risk Details**  
Page 1 of 22  
RM 18/05/2001