# DECLARATIONS

**POLICY NO.** JU 0029

**ITEM 1. NAMED INSURED:** International Business Machines Corporation as set forth in the attached wording Armonk, New York.

**ITEM 2. UNDERLYING UMBRELLA POLICIES:** Various

**ITEM 3. UNDERLYING UMBRELLA LIMITS (Inuring Agreement II):** U.S.$100,000,000.00

**ITEM 4. UNDERLYING UMBRELLA AGGREGATE LIMITS (Inuring Agreement II):** U.S.$100,000,000.00

**ITEM 5. LIMIT OF LIABILITY (Inuring Agreement II):** U.S.$20,000,000.00 part of U.S.$50,000,000.00

**ITEM 6. AGGREGATE LIMIT OF LIABILITY (Inuring Agreement II):** U.S.$20,000,000.00 part of U.S.$50,000,000.00

**ITEM 7. NOTICE OF OCCURRENCE (CONDITION 4) TO:** The Company or any of its Authorized Representatives

**ITEM 8. PERIOD OF INSURANCE:**

From May 21, 1973 to May 21, 1976 both days at 12:01 a.m. Standard Time at the address of the Named Insured.

**ITEM 9. PREMIUM:** U.S.$20,000.00