# Declarations

**Policy No.:** 63 005-684

**Insured:** International Business Machines Corporation

**Address:** Old Orchard Road, Armonk, New York 10504

**Policy Period:**
- From: May 21, 1980
- To: May 21, 1981

**Coverage:** Excess Umbrella Liability

**Limits of Liability:**
- $9,000,000 any one occurrence and in the aggregate excess of $10,000,000 any one occurrence and in the aggregate (where applicable) excess of primary limits.

**Premium:**
- Advance: $52,000.00
- Annual Minimum: $52,000.00
- Rate: Flat

If the Policy Period is more than one year and the premium is to be paid in installments, Premium is payable on:
- Not Applicable
- Not Applicable
- Not Applicable

**Effective Date:**
- 1st Anniversary
- 2nd Anniversary

In the event of cancellation by the Named Insured, NORTHBROOK shall receive and retain not less than the policy minimum premium.

**Date:** April 10, 1989

**Authorized Representative:**

**J.S.**