# SPECIAL RISK POLICY

**Policy No:** SR NO. 20345
**Renewal of:** SR 20098
**Insured:** INTERNATIONAL BUSINESS MACHINES CORP. ETAL (AS PER ENDORSEMENT NO. 1)
**Address:** Armon, New York 10504

**Policy Period:** May 21, 1979 (AS PER ENDORSEMENT NO. 4)
- **12:01 AM Standard Time at place of issuance.**
- **at noon**

**Agent or Broker:** Johnson & Higgins
**Office Address:** 95 Wall Street
**Town & State:** New York, New York 10005

600 JEFFERSON STREET
HOUSTON, TEXAS 77002

In consideration of the stipulation herein named and of the premium specified below the Company does insure the above named hereinafter called the insured, to an amount not exceeding the amount(s) as may be hereafter provided against loss or property risks herein described.

**AMOUNT:** $10,000,000 Part of **RATE:** PREMIUM $13,000
- **$50,000,000 Excess of**
- **$80,000,000 Excess of**
- **PRIMARY**

**COVERAGE HEREON:** EXCESS UMBRELLA LIABILITY
Terms and conditions following form Centennial Insurance Co.
Policy No. to follow

This policy is made and accepted subject to the foregoing provisions and stipulations and those hereinabove stated, which are hereby made a part of this policy, together with such other provisions, stipulations and agreements as may be added hereto as provided in this policy.

In Witness Whereof, this Company has executed and attested those presents; but this policy shall not be valid unless countersigned by a duly authorized agent of this Company.

**Countersigned at:** New York
**Date:** 7 day of May 1979

**D.E. Walker**  
**Secretary**

**Counter-signed by:**  
**George**  
**Feldman**  
**15**