# Schedule of Excess Policy(IES)

## Named Insured:
- International Business Machines Corporation

## Policy Number:
- ECA1KFW16A0W

## Endorsement No:
- 1

## Effective Date:
- May 21, 2016

## Schedule of Excess Policy(IES)

| Type of Coverage | Insurer Policy Period | Limits of Liability |
|------------------|-----------------------|---------------------|
| 1. Occurrence     | ACE Property & Casualty Insurance Company<br>May 21, 2016 to May 21, 2017 | USD 50,000,000<br>USD 50,000,000 | Per Occurrence<br>Annual Aggregate when applicable |
| 1. Punitive       | ACE Bermuda Insurance Ltd.<br>May 21, 2016 to May 21, 2017 | USD 50,000,000<br>USD 50,000,000 | Per Occurrence<br>Annual Aggregate when applicable |
| 2. Occurrence     | Great American Assurance Co.<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable (excess of items 1, above) |
| 2. Punitive       | GAI Insurance Company, Ltd.<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable |
| 3. Occurrence     | Endurance Specialty Insurance Ltd.<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable (excess of items 1 & 2, above) |
| 4a Occurrence     | Berkshire Hathaway Specialty Insurance<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable (excess of items 1, 2 & 3 above) |
| 4p Punitive       | Berkshire Hathaway International Insurance Limited<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable (excess of items 1, 2 & 3 above) |
| 4b Occurrence     | Federal Insurance Company<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable (excess of items 1, 2 & 3 above) |
| 4p Punitive       | ACE Bermuda Insurance Ltd.<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable (excess of items 1, 2 & 3 above) |
| 4c Occurrence     | The Ohio Casualty Insurance Company<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable (excess of items 1, 2 & 3 above) |
| 4p Punitive       | Magna Carta Insurance Ltd.<br>May 21, 2016 to May 21, 2017 | USD 25,000,000<br>USD 25,000,000 | Per Occurrence<br>Annual Aggregate when applicable (excess of items 1, 2 & 3 above) |