**ZURICH INSURANCE COMPANY**
111 W. JACKSON BLVD., CHICAGO, ILLINOIS 60604

**EXCESS POLICY**

**JOHNSON & JOHNSON**
200 PARK AVENUE, NEW YORK, N.Y. 10017

**DECLARATIONS**

Policy Number GA 86-68-365

**ITEM 1. NAMED INSURED:** INTERNATIONAL BUSINESS MACHINES CORP. (see end #1)

**ITEM 2. ADDRESS:** ARMONK, NEW YORK

**ITEM 3. POLICY PERIOD:** From 12:01 o'clock A.M., August 1, 1970 to January 1, 1973 12:01 A.M., standard time at the address of the named insured as stated herein.

**ITEM 4. UNDERLYING INSURANCE (Designate Carrier and Policy Number):**

* CONTINENTAL CASUALTY # EDU9433466
* AMERICAN HOME # CR 355652
* CONTINENTAL CASUALTY # EDX 8893350
* HOME INDEMNITY # HEC 9791999
* AMERICAN REINSURANCE # H71170002
* FEDERAL INSURANCE # 77378723

**ITEM 5. LIMIT OF LIABILITY:** $5,000,000. IN EXCESS OF ITEM 6 BELOW

**ITEM 6. UNDERLYING LIMIT (Total):** $25,000,000 IN EXCESS OF PRIMARY INSURANCE AS DESCRIBED IN ITEM 4 ABOVE.

**ITEM 7. PREMIUM:** $ U.S. $13,676.
CANADA 429.
$14,105.

**Countersigned by:** [Signature]
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This document appears to be an insurance policy declaration for International Business Machines Corp., detailing the coverage, limits, and underlying insurance carriers involved.