**MLP 10 13 62**

**MULTI-LINE LIABILITY EXCESS POLICY**

**PINE TOP INSURANCE COMPANY**

**Name of Assured:** INTERNATIONAL BUSINESS MACHINES CORP., ETAL.

**Address:** ARMONK, NEW YORK 10504

**Type of Coverage:** EXCESS UMBRELLA LIABILITY

**Limits of Liability:** AS PER FORM GL-218 ATTACHED HERETO

**Term:**
Beginning at 12:01 A.M. on the 21 day of MAY 1980 and ending at 12:01 A.M. on the 21 day of MAY 1981

**Standard time at the place of location of risks insured, and in accordance with terms and conditions of the form and the Standard Clauses on the reverse side of this policy.**

**Forms:**
At time of issuance this Policy contains a 2 page insurance Form and Endorsements (including 9 endorsements).

**Pine Top Insurance Company, Chicago, Illinois (hereinafter called the Company), agrees to assure named above, in consideration of the premium to be paid and subject to the limits of liability, exclusions, and other terms of this policy, to provide insurance as set forth in the form(s) and endorsement(s) attached.**

**Premium:**
| PREMIUM | $2,000.00 | $N/A | $N/A |
|---------|-----------|------|------|
| +3.6 N. |           |      |      |
| TOTAL   | $2,072.00 |      |      |

**IN WITNESS WHEREOF, this Company has executed and delivered these presents, but this policy shall not be unless countersigned by a duly authorized representative of the Company.**

**Dated at:** NEW YORK, NEW YORK this 25 day of APRIL 1980.

**ORIGINAL POLICY**

**346**