**ML**
A STOCK COMPANY

**MULTI-LINE LIABILITY & EXCESS POLICY**

Puritan Insurance Company
ADMINISTRATIVE OFFICE
1515 Summer Street
Stamford, Connecticut 06904

**Name of Assured:** INTERNATIONAL BUSINESS MACHINES CORP., ET AL.

**Address:** ARMONK, NEW YORK 10504

**Type of Coverage:** EXCESS UMBRELLA LIABILITY

**Limits of Liability:** AS PER FORM CL218 ATTACHED HERETO

**Term:**
- Beginning at 12:01 A.M. on the 21ST day of MAY 1980
- and ending at 12:01 A.M. on the 21ST day of MAY 1981

Standard time at the place of location of risks insured and in accordance with terms and conditions of the form(s) attached and the Standard Clauses on the reverse side of this page.

**Forms:**
At time of issuance this Policy contains a 4-page Insuring Form and Endorsements numbered 8 inclusive. Standard Clause 4 shall not apply.

The Puritan Insurance Company, Stamford, Connecticut (hereinafter called the Company), agrees with the assured named above, in consideration of the premium to be paid and subject to the limits of liability, exclusions, limitations and other terms of this policy, to provide insurance as set forth in the form(s) and endorsement(s) attached.

**Premium:**
- At Inception: $5,000.00
- 1st Anniversary: N/A
- 2nd Anniversary: N/A

**TOTAL:** $5,000.00

IN WITNESS WHEREOF, this Company has executed and attested these presents. This policy shall not be valid unless countersigned by a duly authorized representative of the Company.

**William P. Thornton**  
Secretary  
Dated at NEW YORK, NEW YORK  
this 23RD day of APRIL 1980  
By **Albert Conde**  
Folker 26

**ORIGINAL POLICY**