**EFFECTED THROUGH JOHNSON & HIGGINS**

Established 1845

**INSURANCE BROKERS - AVERAGE ADJUSTERS EMPLOYEE BENEFIT PLAN CONSULTANTS**

CABLE ADDRESS: REIGDEN
TELEX NO: 40000
95 WALL STREET, NEW YORK, N.Y. 10006
TEL: 212-4000 AREA CODE 212
May 23, 1979

**International Business Machines Corporation**
Armonk, New York 10504
Att.: Mr. Richard Faron, Insurance Department

The insurances specified herein are hereby bound attaching from 5/21/79 and expiring 3/13/82 ON: Renewal of Comprehensive General & Automobile Liability Policy #8026230 written with the Zurich Insurance Company.

1) Coverage per specifications sent to you on 3/13/79 and your quote letter of 5/11/79.

Name of Insured: International Business Machines Corporation, Etal
Address of Insured: As above
Location of Risk: Various

Limits of Liability
- Workmen's Compensation
- Employer's Liability
- Bodily Injury
- Property Damage
- Auto Bodily Injury
- Auto Property Damage

Additional Coverages
- $1,000,000 Combined Single Limit each occurrence/aggregate where applicable

UNDERWRITERS: Zurich - Bob Weinstock

The underwriters accepting this risk acknowledge themselves bound by the terms, conditions and limitations of the policy (or policies) of insurance in current use by them for the kind (or kinds) of insurance specified herein.

Accepted by: 5/23/79
RICHARD T. MICHEL A.M.
(Date) (Hour) P.M.

WORKMEN'S COMPENSATION AND GENERAL LIABILITY
Page 1 of 2 Pages
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This document appears to be an insurance policy renewal notice from Johnson & Higgins, detailing the coverage provided by Zurich Insurance Company for International Business Machines Corporation. The policy covers various aspects such as workmen's compensation, employer's liability, bodily injury, property damage, and auto bodily injury, with specific limits of liability mentioned. The document is dated May 23, 1979, and includes the signature of Richard T. Michel, indicating acceptance of the policy terms.