# Certificate of Reinsurance

**INTERSTATE REINSURANCE CORPORATION**

A STOCK COMPANY  
175 WEST JACKSON BOULEVARD, CHICAGO 4, ILLINOIS

**Does Reinsure**

**Name of Company:** INTERNATIONAL BUSINESS MACHINES CORPORATION, ETC.
**Address:** 63 HALL STREET
**City:** NEW YORK, **State:** NEW YORK

**Certificate Period From:** 5/25/64  
**To:** 5/21/67

**Amount Assumed:** $700,000.00  
**Rate:** Flat  
**Premium Paid at Inception:** $700.00

**Reinsured Policy No.:** [Not specified]

**Named Insured, Declaration and Location(s) of Property Covered:**
- $700,000 excess of $75,500,000 maximum anyone occurrence except aviation which $700,000 excess of $70,500,000 maximum anyone occurrence
- Excess Umbrella Liability Coverage including Aviation excluding Errors and Omissions.

**This certificate is issued as reinsured and is not on the same risk as any other insurance policy. The Company assumes its charges of interest or rate of return and settlement as one of the risks assumed. Any premium is payable for ratable time and in the same manner as by said insurer.**

**Cancellation of the policy of the Company shall not take effect until notice thereof has been given to the other party making or delivering the same written or by telegraph stating that such cancellation is effective.**

**Date:** 8/14/64

**Signature:**