# Certificate of Excess Insurance

**Federal Insurance Company**

**Incorporated under the laws of New Jersey**

**CHUBB & SON INC., Manager**
**90 John Street, New York 38, N.Y.**

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**Certificate No:** 1742-35-85

**In consideration of the payment of the premium stated herein, the FEDERAL INSURANCE COMPANY (hereinafter called the "Company") agrees to indemnify the Insured against loss resulting from Umbrella Liability as defined and limited in Underlying Policy No. RDU 9433466 of the Continental Casualty Company.**

**Item 1: Named Insured:** International Business Machines Corporation et al. (as per endorsement attached)

**Item 2: P.O. Address:** Armonk, New York

**Item 3: Certificate Period:** From January 1, 1967 to January 1, 1970

**Item 4: Premium Basis:** Flat

**Item 5: Premium:** $7500.00 ($7278.83 payable in U.S. Dollars, $221.17 payable in Canadian Dollars)

**Item 6: Underlying Insurance:** See endorsement attached

**64**