# National Union Fire Insurance Company of Pittsburgh, PA

**Administrative Office**
70 Pine Street
New York, N.Y. 10005

**Policy No:** 9603117
**R/N:** 991 06 00

The Company agrees with the insured named below, in consideration of the premium paid and subject to all the terms and conditions set forth below that the insurance afforded by this policy shall allow all the terms and conditions of Policy Number **TO BE ADVISED**, issued by CENTENNIAL INSURANCE COMPANY including all renewals and rewrites thereof.

**NAMED INSURED:**
INTERNATION BUSINESS MACHINE CORP.
(SEE ENDORSEMENT #1)

**ADDRESS:**
ARMONK, NEW YORK 10504

**POLICY PERIOD:**
MAY 21, 1982 TO MAY 21, 1983 12:01 A.M. STANDARD TIME AT THE ADDRESS OF THE ABOVE NAMED INSURED.

**COVERAGE:**
EXCESS FOLLOWING FOR UMBRELLA LIABILITY

**LIMIT OF LIABILITY:** (SEE ENDORSEMENT #2)

**PREMIUM:** $154,978. 1 YEAR
**RATE:** FLAT

IN WITNESS WHEREOF, the Company has caused this policy to be signed by its President and Secretary at New York, New York and counter-signed by a duly authorized representative of the Company.

**Johnson & Higgins**
95 WALL STREET
NEW YORK, NEW YORK 10005

**Countersigned by:**
Authorized Representative

**MAY 26, 1982 PS**

**813616-791**