**Northbrook Insurance Company**
Northbrook, Illinois

**Declarations - Special Cover Policy Casualty**

* **Policy Number:** 63 001 593
* **Seal of Northbrook Insurance Company:** 63 001 053
* **Named Insured:** International Business Machines Corporation

**Item 2. Address:**
IBM
Old Orchard Road
Armonk, New York 10504

**Item 3. Policy Period:**
From: May 21, 1978
To: May 21, 1979

**Item 4. Coverage:**
Excess Umbrella Liability

**Item 5. Limits of Liability:**
$9,000,000 any one occurrence and in the aggregate excess of $10,000,000
any one occurrence and in the aggregate (where applicable) excess of
Primary: $62,500.00
Annual Minimum: $62,500.00

**Item 6. Premium:**
Advance: $62,500.00
Rate: Flat

If the Policy Period is more than one year and the premium is to be paid in installments, Premium is payable on:
not applicable
Effective Date
not applicable
1st Anniversary
not applicable
2nd Anniversary

In the event of cancellation by the Named Insured, the Company shall receive and retain not less than as the policy minimum premium.

**Item 7. Schedule of Underlying Insurance:**
See RU 13-1 attached

**Agency at Northbrook, Illinois**
**Countersignature Date:** May 30, 1978
**ds Richard Foss** Agent