**First State Insurance Company**

**Wilmington, Delaware**

**Administrative Offices: 60 Batterymarch Street, Boston, Massachusetts 02110**

**Renewal of No.:** 925921

**Named Insured and Mailing Address:**

- **International Business Machines, Inc., et al (See Endorsement #1)**
- IBM
- Old Orchard Road
- Armonk, New York 10504

**Policy Period:** From May 21, 1979 To May 21, 1980

**Item 1. Policy Period:** From May 21, 1979 To May 21, 1980

**Item 2. Premium:**

- **(A)** Advance Premium: $5,000.
- **(B)** Rate: Flat Minimum Premium: $2,600.

If the Policy Period is more than one year and the premium is to be paid in installments, premium is payable on:

- Effective Date: $ -- 1st Anniversary: $ -- 2nd Anniversary: $ --

**Item 3. Coverage:** Excess Umbrella Liability

**Item 4. Limits of Liability:** The limit of the Company's liability shall be as stated herein, subject to all the terms of this policy having reference thereto.

See Endorsement #2

**Item 5.** During the past three years no insurer has cancelled insurance issued to the named insured, similar to that afforded hereunder, unless otherwise stated herein.

**Date of Issue:** 5-30-79

**Received:** Cameron and Colby Co., Inc.

**Countersigned by:** [Signature]

**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.**