**No. XLP 400827**

**Renewal of:** UXL 400754

**DECLARATIONS INTERNATIONAL BUSINESS**

**Item 1. Name:** MACHINES CORPORATION, et al

**Of Per End. No. 1**

**Insured:** IBM Corporate Headquarters

**Address:** Armonk, New York 10504

**No. Street Town County State**

**and as further defined in the Primary Policy.**

**Item 2. Policy Period:**

*From Jan. 1, 1970 To Jan. 1, 1973*

*12:01 A.M., Standard time at the address of the Insured stated herein:*

**EXCESS THIRD PARTY LIABILITY POLICY (EXCESS OVER PRIMARY) Underlying**

**ITEM 3. PRIMARY INSURANCE**

**INSURER'S NAME:** [Policy No. (Including Renewals or Replacements)]

**Per Schedule on File With:** Company

**DESCRIPTION OF COVERAGE**

**ITEM 4. LIMITS OF LIABILITY:** The limit of the Company's liability shall be as stated herein, subject to all the terms of this Policy having reference thereto.

| SECTION I | IN EXCESS OF | SECTION II | SECTION III | COVERAGE |
|-----------|---------------|-------------|-------------|----------|
| COMPANY LIMITS | UNDERLYING LIMITS | TOTAL LIMITS |            |
| $          | $             | $           |            |
| Each Person | $             | $           | A. Bodily Injury |
| $          | $             | $           | Automobile     |
| Each Accident or Occurrence | $ | $ | B. Bodily Injury |
| $          | $             | $           | Except Automobile |
| Aggregate Products | $ | $ | C. Property Damage Auto |
| $          | $             | $           | D. Property Damage |
| Each Accident or Occurrence | $ | $ | Except Automobile |
| Aggregate Operations | $ | $ | E. Combined Single Limit Bodily |
| Aggregate Protective | $ | $ | Injury and/or Property Damage |
| Aggregate Products | $ | $ | F. Other |
| Aggregate Contractual | $ | $ |            |

**Per End. No. 3**

**ITEM 5. PREMIUM COMPUTATION**

| PREMIUM BASIS | ESTIMATED EXPOSURE | RATE | ESTIMATED PREM | DEPOSIT PREM | MINIMUM PREM | ACCT PERIOD |
|---------------|-------------------|------|----------------|--------------|--------------|-------------|
| Flat Charge   |                   |      | 13,500.        |              | 13,500.      |             |

**Counter-signed at Milwaukee, Wisconsin on December 30, 1969 by John H. Anderson**

**Authorized Representative**

**THESE DECLARATIONS TOGETHER WITH FORM _______ DATED _______ XLP SERIES, CONSTITUTE THE ABOVE NUMBERED POLICY.**

**XLP-78000**