**Comprehensive Catastrophe Liability Policy (The Defenders)**

**Part Two: The Declarations (Page Two with Policy Number DCL)**

**Declarations**

**Named Insured:** International Business Machines Corporation, E.T.A.L.

**P.O. Address:** Armonk, New York

**Policy Period:** From 11-5-70 to 11-4-73

**Representative:** Johnson & Higgins

**Office Address:** 4691 Wall St., New York, N.Y.

**This Insurance Policy is Issued by:**

**United States Fire Insurance Company**

**New York, N.Y.**

**4. Limit of Liability - as Insuring Agreement V:**

**(A) Coverage I (a): 1 for 1 (c) or all combined with respect to each occurrence: $2,000,000.00**

**(B) Limit in the aggregate for each annual period with respect to the Products hazard: $2,000,000.00**

**(C) Retained Limit: $25,000.00**

**5. Premium Computation:**

* **Estimated Annual Rate per FLAT CHARGE**
* **3 YRS.: Estimated Annual Premium $50,000.00**
* **XXX Minimum Premium $50,000.00**
* **Advance Premium $50,000.00**

* **In the event of cancellation by the named insured, the company shall receive and retain not less than $50,000.00 as a minimum premium.**
* **Instalments Payable: Three Year Premium $50,000.00**
* **Advance Premium $**
* **1st Anniversary Premium $**
* **2nd Anniversary Premium $**

**6. During the past year no insurer has canceled any similar insurance issued to the named insured, nor declined to issue such insurance unless otherwise stated herein.**

**Countersigned by:**

**Authorized Representative**

**Return this declaration to company if canceled - spoiled - or not used.**