# Contract of Insurance

**Insured:** INTERNATIONAL BUSINESS MACHINES COR

**Policy No:** WE1300226

**Renewing Policy No:** WE1200211

**Period:** 21 May 2013 to 21 May 2014

**Type:** Excess Liability Insurance

**Limit:** USD 200m Excess of USD 200m

**Insurer:** Argo Re

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**AON**

**823**

**Aon UK Limited**

*Registered Office: 8 Devonshire Square, London, EC2M 4PL, United Kingdom*
*Registered in London No. 210725 | VAT Registration No. 480 8401 48*
*t +44 (0)20 7623 5500*
*f +44 (0)20 7621 1511*

*Aon UK Limited is authorised and regulated by the Financial Conduct Authority in respect of insurance mediation activities only.*

**[Signature]**