# Prudential Reinsurance Company

## Excess Liability Policy

**Policy No.:** DXC DX 0940  
**Prior No.:** New  
**Broker:** Johnson & Higgins  
**Address:** 95 Wall St., New York, NY 10005  

## Declarations

### Item 1: Insured's Name and Address
- **International Business Machines Corporation (as per Underlying Insurance as described in item 5 of this policy)**
- **Address:** Armonk, New York 10504

### Item 2: Policy Period
- **From:** May 21, 1978
- **To:** May 21, 1979

### Item 3: Coverage/Limits of Liability
- **This policy covers with respect to those coverages indicated below, and shall apply only as excess of the underlying limits and then only up to the amount of the PRUDENTIAL REINSURANCE EXCESS LIMITS shown below.**

#### UNDERLYING LIMITS
- **Excess Umbrella Liability:** $130,000,000 each occurrence and annual aggregate where applicable, excess of various underlying primaries and/or Self-Insured Retentions

#### PRUDENTIAL REINSURANCE EXCESS LIMITS
- **$5,000,000 part of $45,000,000 each occurrence and annual aggregate where applicable excess of underlying limits**

### Item 4: Premium
- **A) Deposit:** $5,000
- **B) Annual Minimum**
- **Premium Basis:** Flat Charge Rate

### Item 5: Schedule of Underlying Insurance
- **Centennial Insurance Co. Umbrella Liability Policy No. 462017782**

**Date:** 7/6/78  
**gs**  
**Authorized Signature:** [Signature]