# Lexington Insurance Company

**Wilmington, Delaware**
**(A Stock Insurance Company)**

**Administrative Offices 100 Summer Street, Boston, MA 02110**

## Stand Alone/Retained Amount Policy Declarations

**Policy Number:** 5528820
**Renewal Of:** NEW
**Producer Name and Address:** JOHNSON & HIGGINS
**Address:** 95 WALL ST.
**New York, N.Y., 10005**

**This is a claims made policy. Please read this policy carefully.**

### Item 1. Named Insured:
- **International Business Machines**
- **Address:** Armonk, N.Y.

### Item 2. Policy Period:
- **From:** 5-21-86
- **To:** 5-21-87
- **At:** 12:01 A.M. Standard Time at the address of the named insured shown above.

### Item 3. Limit of Liability:
- **Per Occurrence:** $10,000,000
- **Self Insured Retention:** $25,000
- **Aggregate Limits - Separately as respects:**
  - (i) Products Hazard and Completed Operations Hazard Combined: $10,000,000
  - (ii) All Other Coverages Combined: $10,000,000
  - (Except Automobile Liability, which is not subject to any aggregate limit).

### Item 4. Retroactive Date:
- **5-21-86**

### Item 5. Extended Reporting Period:
- **125% of the total annual premium**

### Item 6. Premium Computation:
- **Estimated Exposure:** N/A
- **Rate Per:** N/A
- **Advance Premium:** $50,000
- **Annual Minimum Premium:** $50,000
- **Minimum Earned Premium at Inception:** $2,250

### Item 7. Schedule of Retained Amounts:
- **Type of Insurance:** SEE END. NO 1 ATTACHED

### Item 8. Endorsements Attached:
- **Nos 1-13**

### Countersigned:
- **Date:** 
- **Authorized Representative:**

**LEX-CM-STA-2**
**(Ed. 4/86)**