# Declarations - Excess Liability Policy

**Policy No.:** EN 0000571  
**EN:** 0000405  
**Renewal of No.:** 

**New England Insurance Company**  
(A stock insurance company)  
Administrative Offices: 60 Batterymarch Street, Boston, Massachusetts 02110

## Item 1. Named Insured and Mailing Address
- **IBM**
- **Corporate Headquarters**
- **Armonk, New York 10504**

## Item 2. Policy Period
- **Inception:** May 21, 1991  
- **Expiration:** May 21, 1992  
- **12:01 A.M., Standard Time at the mailing address shown above.**

## Item 3. Limits of Insurance
- The Limits of Insurance, subject to all the terms of this policy are:
  - (a) Per Occurrence Limit: $10,000,000
  - (b) Products/Completed Operations Combined Aggregate Limit: $10,000,000
  - (c) General Aggregate Limit: $10,000,000

## Item 4. Total Limits of Insurance — all underlying insurance policies
- 50,000,000 each occurrence / 50,000,000 aggregate in excess of various underlying insurance.

## Item 5. Controlling Underlying Insurance Policy
- Except as otherwise provided by this policy, this insurance shall follow all the terms, conditions, definitions and exclusions of the controlling underlying insurance policy.
- **Policy No.: To be advised**
- **Issued By:** American Home
- **Type of Coverage:** Umbrella

## Item 6. Premium
- **Advance Premium:** $80,000
- **Minimum Premium:** $16,000
- **Rate:** Flat

## Form numbers of endorsements forming part of this policy when issued:
- EL-G38, EL-S2, Endorsements # 1-4

## Note
The company located these documents in its business records. At this time, the company does not certify that these documents constitute a complete and accurate copy of the policy.

**Countersigned by:** [Signature]
**Date:** 6-4-91