# COMMON POLICY DECLARATIONS

**POLICY NO.** RM GL 017-90-97
**RENEWAL OF:** 1210698
1. NATIONAL UNION FIRE INSURANCE COMPANY OF PITTSBURGH, PA.
2. AMERICAN HOME ASSURANCE COMPANY
3. THE INSURANCE COMPANY OF THE STATE OF PENNSYLVANIA

**MEMBERS OF THE**
AMERICAN INTERNATIONAL GROUP, INC.
EXECUTIVE OFFICES
70 PINE STREET
NEW YORK, N.Y.

**PRODUCER NO:** 07875
JOHNSON & HIGGINS
125 BROAD STREET
NEW YORK NY 10004-0

**COVERAGE IS PROVIDED IN THE COMPANY DESIGNATED BY NUMBER**
A. STEEL INSURANCE COMPANY (HEREIN CALLED THE COMPANY)

**NAMED INSURED** INTERNATIONAL BUSINESS MACHINES CORPORATION
**MAILING ADDRESS** OLD ORCHARD ROAD ARMONK NY 10504-0000

**POLICY PERIOD:** From 05/21/96 To 05/21/97 At 12:01 A.M. Standard Time at your mailing address shown above

**BUSINESS DESCRIPTION** COMPUTER MFG.

**IN RETURN FOR THE PAYMENT OF THE PREMIUM, AND SUBJECT TO ALL TERMS OF THIS POLICY, WE AGREE WITH YOU TO PROVIDE THE INSURANCE AS STATED IN THIS POLICY.**

**THIS POLICY CONSISTS OF THE FOLLOWING COVERAGE PARTS FOR WHICH A PREMIUM IS INDICATED. THIS PREMIUM MAY BE SUBJECT TO ADJUSTMENT**

| Coverage Part | Premium |
|---------------|---------|
| Boiler and Machinery Coverage Part | $ NOT COVERED |
| Commercial Auto Coverage Part | $ NOT COVERED |
| Commercial Crime Coverage Part | $ NOT COVERED |
| Commercial General Liability Coverage Part | $ 300,000 |
| Commercial Inland Marine Coverage Part | $ NOT COVERED |
| Commercial Property Coverage Part | JOHNSON & HIGGINS $ |
| Farm Coverage Part | $ NOT COVERED |

**TOTAL** $ 300,000

**Premium shown is payable:** $ 300,000 at inception.

**Forms applicable to all Coverage Parts:** SEE ATTACHED SCHEDULE. (Show numbers)

**COUNTERSIGNED** BY **(Date) (Authorized Signature)**

In Witness Whereof, we have caused this policy to be executed and attested, and, if required by state law, this policy shall not be valid unless countersigned by our authorized representative.

**Elizabeth M. Tuck**  
Secretary  
National Union Fire Insurance Company of Pittsburgh PA  
American Home Assurance Company  
The Insurance Company Of The State of Pennsylvania  

**William Smith**  
President  
National Union Fire Insurance Company of Pittsburgh, PA.

Copyright. Insurance Services Office, Inc., 1983, 1984  
Date Issued 09/11