# EXCESS LIABILITY DECLARATIONS

**ITEM 1.**
- **NAMED ASSURED AND ADDRESS:**
  - International Business Machines Corporation
  - Old Orchard Road
  - Armonk, New York 10504

**ITEM 2.**
- **UNDERLYING UMBRELLA INSURERS AND POLICY NUMBER:**
  - Zurich American Insurance Company Policy 87-91-601
  - American Home Insurance Company
  - Northbrook Insurance Company Policy 63-003-053

**ITEM 3.**
- **UNDERLYING UMBRELLA LIMITS (INSURING AGREEMENT II):**
  - $19,000,000 CSL

**ITEM 4.**
- **UNDERLYING UMBRELLA AGGREGATE LIMITS (INSURING AGREEMENT II):**
  - $19,000,000 CSL

**ITEM 5.**
- **LIMIT OF LIABILITY (INSURING AGREEMENT II):**
  - $2,000,000 CSL part of $21,000,000

**ITEM 6.**
- **AGGREGATE LIMIT OF LIABILITY (INSURING AGREEMENT II):**
  - $2,000,000 CSL part of $21,000,000

**ITEM 7.**
- **NOTICE OF OCCURRENCE (CONDITION 4) TO:**
  - Lexington Insurance Company
  - 100 Summer St
  - Boston, Mass 02110
  - Attention The Claims Manager

**ITEM 8.**
- **POLICY PERIOD:**
  - May 21, 1977 to May 21, 1978

**ITEM 9.**
- **PREMIUM:**
  - $5,000.00

Attached to and forming part of Policy No. GC 550 18 52