# Mutual Marine Office, Inc.

**100 Park Avenue, New York, N.Y. 10017**
**212-953-0580**

**FOR (COMPANY):** EMPLOYERS MUTUAL CASUALTY COMPANY

**EXCESS LIABILITIES UMBRELLA**

**DECLARATIONS**

1. **NAMED ASSURED:** INTERNATIONAL BUSINESS MACHINES CORP.
2. **ADDRESS OF ASSURED:** ARMONK, NEW YORK. 10504
3. **POLICY NUMBER:** MMO - 70303
4. **POLICY TERM:** MAY 21, 1978
   MAY 21, 1979
   Beginning and ending at 12:01 A.M., Standard Time at the address of the Named Assured as stated above.
5. **PREMIUM:** $1,000
6. **OCCURRENCE LIMIT:** $1,000,000. PART OF $45,000,000. EXCESS OF $130,000,000.
7. **ANNUAL AGGREGATE LIMIT:** $1,000,000. PART OF $45,000,000. EXCESS OF $130,000,000. (WHERE APPLICABLE)
8. **UNDERLYING INSURANCE:**

| LEAD COMPANY | LAYER | OCCURRENCE LIMIT | (WHERE APPLICABLE) ANNUAL AGGREGATE LIMIT |
|--------------|-------|------------------|----------------------------------------|
| CENTENNIAL INS. CO. | $2,000,000. | $2,000,000. | $2,000,000. |
| NATIONAL UNION | $8,000,000. | $8,000,000. | $8,000,000. |
| NORTHERBROOK | $9,000,000. | $9,000,000. | $9,000,000. |
| AIU INS. COMPANY | $21,000,000. | $21,000,000. | $21,000,000. |
| FIREMAN'S FUND | $40,000,000. | $40,000,000. | $40,000,000. |
| NORTH RIVER | $50,000,000. | $50,000,000. | $50,000,000. |

**COPY**

**MUTUAL MARINE OFFICE INC.**