# Endorsement #4

## Limits of Liability - Aggregates

Subject to the applicable limit of liability as respects each occurrence, the limit of liability stated in the Declarations as "aggregate" shall be the total limit of the Company's liability for all damages sustained during each annual period of this policy because of (1) Personal Injury and Property Damage arising out of the Completed Operation and Products Hazard combined as defined (11) any coverage in a primary policy to which an aggregate limit applies and coverage also applies under this excess policy which is not included in (1) above. Such aggregate limit of liability shall apply separately to (1) and (11) above.

## Policy Details

- **Policy Number:** XLX-120 29 01
- **Insured:** International Business Machines Corporation
- **Effective Date:** 5/21/76
- **Producers:**
  - Fireman's Fund Insurance Company
  - The American Insurance Company
  - National Surety Corporation
  - Associated Fire & Marine Insurance Company
  - American Automobile Insurance Company

**Countersignature of Authorized Agent:**

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[Signature]
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**President:**

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[Signature]