**Policy Number:** WE1400175

**RISK DETAILS**

- **UMR:** B0823WE1400175
- **TYPE:** EXCESS LIABILITY INSURANCE.
- **NAMED INSURED:** INTERNATIONAL BUSINESS MACHINES CORPORATION and as more fully set forth in the Followed Policy.
- **ADDRESS:** IBM Corporation, One New Orchard Road, (Mail Drop 109), Armonk, New York 10504, United States of America
- **PERIOD:** From: 21st May 2014 at 12:01 a.m. standard time at the address of the Named Insured above. To: 21st May 2015 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 Followed Policy.
- **LIMITS OF LIABILITY:** USD 200,000,000 each Occurrence. USD 200,000,000 annual aggregate where stated in the Followed 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 Followed Policy.
- **SITUATION:** Worldwide as more fully described in the Followed Policy.
- **CONDITIONS:** 1) Aon Short Excess Form (London) 10-13 (OCC) (Self Procured) Wording, as attached. 2) Notice of Occurrence:
  - **To:** The Company as shown in the attached Individual Security Details.
  - **And:** Aon UK Limited, North American Liability Claims Department, 8 Devonshire Square, London EC2M 4PL, United Kingdom.

**Market Submission - Risk Details**  
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