**Insurance Company of North America, Philadelphia, Pennsylvania**

**Certificate of Excess Insurance No.: XCP 14330**

**Attached to and hereby made a part of:**
- **Certificate of Excess Insurance No.: XCP 14330**
- **Declarations**

**Item 1. Name of Insured:**
- **International Business Machines Corp.**
- **Address:** Armonk, New York 10504

**Item 2. Address:**
- **Armonk, New York 10504**

**Item 3. Certificate Term:**
- **From:** 5/21/78
- **To:** 5/21/79
- **12:01 A.M., standard time at the address of the insured as stated in Item 2 above.**

**Item 4. Primary Insurance:**
- **Primary Carriers:** Various
- **Policy Numbers:** Various
- **Policy Periods:** 5/21/78 - 79

**Item 5. Description of Primary Insurance:**
- **Casualty Excess $130,000,000 each occurrence and aggregate where applicable in excess of various primary policies.**

**Item 6. Description of Excess Insurance:**
- **$5,000,000 - Each Occurrence and aggregate, part of $45,000,000 - Quota share, excess of various underlying policies and $130,000,000 - intervening excess.**

**Item 7. Premium:**
- **$5,000. Flat charge for Policy Period**
- **$4,800 U.S. Funds**
- **200 Canadian Funds.**

**Item 8. Attached hereto and made a part hereof:**
- **No. 1 - Nuclear Energy Liability Exclusion Endorsement (Form LC-1012)**
- **No. 2 - Data Processors, E & O Exclusion**
- **No. 3 - Employee Benefits Liability Explanatory Endorsement**
- **No. 4 - Aircraft Products completed operations exclusion**
- **No. 5 - Aircraft Exclusion**

**LC-1182 SM 6-73 PTD. IN U.S.A.**