# DECLARATIONS

Attached to and forming part of Certificate of Excess Reinsurance No. MEX-5085

**Item 1. INSURED:** International Business Machines Corporation, I.B.M., World Trade Corp., The Service Bureau Corp., and any other subsidiary or affiliated corporation of each provided such other subsidiary or affiliated corporation warrants that it is under the same operative and financial control through the identity of its officers, directors or stockholders

**ADDRESS:** 590 Madison Avenue, New York, New York

**Item 2. UNDERLYING INSURANCE:** See Schedule Attached

**Item 3. LIMIT(S) OF COVERAGE HEREUNDER:** $4,000,000 excess of $76,200,000 (Excluding Errors & Omissions)

**Item 4. PREMIUM:** $4,000.00

**Item 5. CANCELLATION:** Thirty (30) days

**Item 6. PERIOD OF COVERAGE HEREUNDER:** May 25, 1964, 12:01 a.m., Local Standard Time to May 21, 1967, 12:01 a.m., Local Standard Time