**Mission Insurance Company**

**Declaration No.: M 836632**

**SAYRE & TOSO, Inc.**

**Underwriting Manager**

**INTERNATIONAL BUSINESS MACHINES CORPORATION**

**Address: ARMONK, NEW YORK**

**Type of Coverage:** EXCESS UMBRELLA LIABILITY

**Effective Date:** 12:01 AM on the 21st Day of MAY, 1977
**Expiration Date:** 12:01 AM on the 21st Day of MAY, 1978

**Premium:** $5,000.00
**Service Fee:** $200.00 (Canada)
**Policy Fee:** $1,800.00 (USA)

**Total Premium:** $5,000.00

**IN WITNESS WHEREOF, this Company has executed and attended these presents; but this policy shall not be valid unless countersigned by SAYRE & TOSO, INC.**

**Secretary**
**Dated at NEW YORK, NEW YORK**
**SAYRE & TOSO, INC.**
**President**
**20th day of MAY, 1977**
**By [Signature]**