# FIRST STATE INSURANCE COMPANY

**WILMINGTON, DELAWARE**

**GENERAL COVER**

**RENEWAL OF No.** 143631

**Insured's Name and Address:** INTERNATIONAL BUSINESS MACHINES CORP.
Old Orchard Road
Policy Period: New York 10504

From **January 1, 1982** to **January 1, 1985 12:01 AM Standard Time both dates**

**PREMIUM** 120,000
**Charge** RATE 5,000,000.
**AMOUNT** 3 years Prepaid

In consideration of the stipulations herein named and of the premium above specified the Company does insure the Insured named above, hereinafter called the Insured, whose address is shown above, from the inception date shown above, at noon, to the expiration date shown above, at noon, Standard Time at place of issuance, to an amount not exceeding the amount(s) above specified, on the following described property:

Limit herein $5,000,000 being a 10% interest in $50,000,000 each occurrence and in the aggregate any one policy year on Corporate Liability Wrap Around Excess combined Property and Liability, in excess of various underlying insurances, all as per form attached.

P S 1 - Service of Suit

**Countersigned:** 4/8/82 C
OKD 2700 - X-F

**Boston, Mass.**
The company located these documents in its business records. At this time, the company does not certify that these documents constitute a complete and accurate copy of the policy.