# American Excess Insurance Company

## Certificate of Excess Insurance

**Company:** American Excess Insurance Company  
**Address:** Wilmington, Delaware  
**Administrative Office:** One Liberty Plaza - 91 Liberty Street, New York, New York 10008  

**Insured:** International Business Machines (hereinafter called the Insured)  
**Street Location:** Armonk  
**City:** New York  
**State:** NY  
**Zip:** 5083282  
**EUL:** OH EUL-5079620  
**Certificate No.:** 378  
**Branch Prior Certificate No.:** 

**Item 1:**
- **Effective Date:** 05/21/81  
- **Expiration Date:** 05/21/82  
- **Total Premium:** $4,825.00  

**Item 2:**
- **Premium (Continued):** $4,825.00  
- **Advance Premium:** $4,825.00  
- **Rate:** None  
- **Minimum Premium:** $4,825.00  

**Item 3:**
- **Initial Premium:** $4,825.00  
- **Installment Period:**  
- **Date of Next Installment:**  

**Item 4:**
- **Description of Coverage Hereunder:** Excess Umbrella Liability  

**Item 5:**
- **Underlying Policy and Limits:**
  - **Company:** As per Schedules on file with the Company  
  - **Policy Number:**  
  - **Limits:** $130,000,000 each occurrence and in the aggregate where applicable, Umbrella Liability.  

**Item 6:**
- **Limits of the Company's Liability:** $5,000,000 each occurrence and in the aggregate where applicable part of $45,000,000 each occurrence and in the aggregate where applicable in excess of the total limit of liability specified in Item No. 5 above.  

**Item 7:**
- **Cancellation:** 30 days  

**Date:** 6/2/81  
**EK**

**Countersigned by:** Robert Tulsa  
**Authorized Representative**

**Original Copy**  
**Printed in U.S.A.**