# Declarations

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

| Policy Symbol: XOO | Previous Policy Symbol: XOO |
|-------------------|----------------------------|
| Policy Number: XOO G24907338 | Previous Policy Number: G24895944 |

**Coverage is provided in the company shown below**

- **ACE Property and Casualty Insurance Company**

### Named Insured and Address
- **International Business Machines Corporation**
  - One New Orchard Road
  - Mail Drop 109
  - Armonk, NY 10504

### Producer Name and Address
- **AON RISK SERVICES NORTHEAST INC**
  - 199 WATER STREET
  - 30TH FLOOR
  - NEW YORK, NY 10038
- **PRODUCER CODE**: 380063

### Policy Period:
- From 05/21/2010 to 05/21/2011 (12:01 A.M. Standard Time at the Address of the Named Insured as stated herein)

### Limits of Insurance
- $50,000,000 Each Occurrence
- $50,000,000 General Aggregate
- $50,000,000 Products Completed-Operations Aggregate
- $N/A Self-Insured Retention

### Annual Premium
- $645,000 Premium
- $84,130 Terrorism Premium included in Annual Premium
- $0 N/A
- $645,000 Premium, including all Surcharges and Assessments

### Policy Period Premium
- $645,000 Premium
- $84,130 Terrorism Premium included in Annual Premium
- $645,000 Premium, including all Surcharges and Assessments

### Schedule of Underlying Insurance
- Refer to the attached Schedule of Underlying Insurance, which forms a part of this Policy's Declarations.

### Endorsements and Forms
- Refer to the attached Schedule of Endorsements for the forms and endorsements forming this policy at inception.

**XS-22695a (08/09)**
**© 2009**
**Page 1 of 1**

**CLASS CODE**: 2-13000

**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.