**SCHEDULE**

**ITEM 1. a) NAMED INSURED:**
INTERNATIONAL BUSINESS MACHINES CORPORATION, I.B.M., USA; TRADE CORPORATION, IBM WORLD TRADE EUROPE/MIDDLE EAST/AFRICA CORPORATION AND IBM WORLD TRADE AFRICAS/FAR EAST CORPORATION AND SCIENCE RESEARCH ASSOCIATES, INC., and any other subsidiary or affiliated corporation provided such other subsidiary or affiliate is notified by letter that it is under the same control and/or partial control through the identity of its officers, directors or stockholders and any Employee Associations thereof.

**b) ADDRESS OF NAMED INSURED:**

**ITEM 2. UNDERLYING UMBRELLA POLICIES:**
See List of Carriers on Schedule of Underlying Policies.

**ITEM 3. UNDERLYING UMBRELLA LIMITS (Insuring Agreement II):**
US$ 90,000,000

**ITEM 4. UNDERLYING UMBRELLA AGGREGATE LIMIT (Insuring Agreement II):**
US$ 90,000,000

**ITEM 5. LIMIT OF LIABILITY: (Insuring Agreement II):**
US$ 50,000,000

**ITEM 6. AGGREGATE LIMIT OF LIABILITY (Insuring Agreement II):**
US$ 50,000,000

**ITEM 7. POLICY PERIOD:**
From: 21st May, 1979
To: 21st May, 1980

**ITEM 8. NOTICE OF OCCURRENCE (Condition 5) to:**
The Company or its authorised Representative

**ITEM 9. PREMIUM:**
US$55,000