# EXCESS LIABILITY POLICY

**Transamerica Insurance Group**

Coverage is provided in the Company checked below.

- **Transamerica Insurance Company**
  - Home Office: Woodland Hills, CA.
  - Previous Policy No.: XLX 271 05 08
  - Policy No.: XLX 271 16 78

## DECLARATIONS

- **Named Insured, Mailing Address**
  - INTERNATIONAL BUSINESS MACHINES CORP.
  - 2000 PURCHASE STREET - ROOM 3H-08
  - PURCHASE, N.Y. 10577
  - **Producer & Code Number**
    - JOHNSON & HIGGINS
    - 625042

### 1. Policy Period
- From: 05-21-92
- To: 05-21-93 at 12:01 A.M.
- Standard Time at your mailing address shown above.

### 2. Limits of Insurance
- $15,000,000 per occurrence (PART OF $50,000,000 per occurrence)
- $15,000,000 aggregate, where applicable (PART OF $50,000,000)
- IN EXCESS OF TOTAL UNDERLYING LIMITS OF
- $120,000,000 per occurrence
- $120,000,000 aggregate, where applicable
- [ ] See Endorsement Number for Limits of Liability

### 3. Premium
- Basis of Premium: Flat Charge
- Minimum Premium: $N/A
- Surcharge premium: $N/A
- Premium: $30,000
- Total Advance Premium: $N/A
- (Includes Surcharge)

### 4. Endorsements Attached to this Policy:
- ENDT.#1, EL19259, EL20125, EL19186, EL19126, EL19280, EL19191, EL19250A

### 5. Controlling Umbrella Policy
- Company: AMERICAN HOME ASSURANCE
- Expiration Date: 05-21-93
- Policy Number: AS PER COMPANY FILE
- Limits of Insurance: $25,000,000 per occurrence
- $25,000,000 aggregate, where applicable
- [X] Schedule of other underlying excess insurers attached.

## Countersigned
- 6-18-92 by (date) (authorized representative)
- EL 17460
- 2-86