**Midland Insurance Company**

One State Street Plaza, New York, New York 10004

**Declarations**

Item 1. Named Insured and Address  
International Business Machines Corp., etal  
(As per Endt #1)  
Armonk, New York 10504  

207

Item 2. Policy Period:  
From May 21, 1973 to May 21, 1976  
12:01 A.M., standard time at the address of the named insured as stated herein.

Item 3. Underlying Insurance:  
$100,000 each occurrence and aggregate where applicable provided by various companies as per schedule on file with the company excess of underlying insurance.

See Endt #3

Item 4. Limit(s) of Coverage Hereunder:  
$5,000,000 part of $50,000,000 each occurrence and aggregate where applicable excess of the limits set for th in item 3 above.

Item 5. Premium:  
$5,000.00 flat payable as follows: U.S. $4,827.10 Canada $172.90

Item 6. Cancellation: Thirty (30) Days.  
June 6, 1973/eb

By: [Authorized Representative]

Date: [Date not fully visible]