**NEW ENGLAND INSURANCE COMPANY**

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

**Named Insured and Mailing Address:**

**INTERNATIONAL BUSINESS MACHINES CORPORATION, ET AL (SEE END'T #1)**

**Old Orchard Road**

**Armonk, New York 10504**

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**Item 1. Policy Period:**
- From May 21, 1985
- To May 21, 1986
- 12:01 A.M., Standard Time at the address of the named Insured as stated herein.

**Item 2. Premium:**
- Advance Premium: $10,000.
- Rate: Flat
- Minimum Premium: $10,000.
- 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.
- $5,000,000. Combined Single Limit Personal Injury and/or Property Damage each occurrence and in the aggregate where applicable Part of $50,000,000.
- Combined Single Limit Personal Injury and/or Property Damage each occurrence and in the aggregate where applicable.

**Item 5. Underlying Umbrella Insurer(s) and Policy Numbers:**
- Centennial Insurance Company and Other Various Companies
- Policy Number: TBA
- Term: 5/21/85–86

**Item 6. Underlying Limits of Liability:**
- $100,000,000. Combined Single Limit Personal and/or Property Damage each occurrence and in the aggregate where applicable.

**Countersigned by:**

**Date of Issue:** 6-7-85/BW

**Attached Forms:** E-48, E-61

**C-253-EG 1/84**

**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.**

**Sent to: Aruco 6-25-85/BW**