# THE CHUBB COMMERCIAL EXCESS

## Declarations

**Named Insured and Mailing Address (Item 1)**

- **International Business Machines Corp., ETAL (AS PER CONTROLLING U/L INSURANCE)**
- **Old Orchard Road**
- **Armonk, NY 10504**

**Policy Number:** (98) 7908-98-97 CAS
**Previous Policy No.:** (97)7908-98-97
**Issued by the stock insurance company indicated below, herein called the company.**

**VIGILANT INSURANCE COMPANY**
- **Incorporated under the laws of New York**

**Producer No.:** 65222-999
**Producer:** JOHNSON & HIGGINS
- **125 Broad Street**
- **New York, NY 10004-0000**

## Policy Period (Item 2)
- **From:** MAY 21, 1997
- **To:** MAY 21, 1998
- **12:01 A.M. standard time at the address of the insured as stated.**

## Premium (Item 3)
- **Amount:** $ 8,750.00

## Limits of Insurance (Item 4)
- **a. Each Occurrence:** $ 5,000,000.
- **b. Products Completed Operations Aggregate:** $ 5,000,000.
- **c. Other Aggregate (where applicable):** $ 5,000,000.

## Underlying Limits of Insurance (Item 5)
- **a. Each Occurrence:** $ 115,000,000.
- **b. Aggregate (where applicable):** $ 115,000,000.

**Date Issued:** June 12, 1997
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