**AETNA INSURANCE COMPANY**

**HARTFORD, CONNECTICUT**

**DECLARATIONS:** POLICY NUMBER: EX 000404

**ITEM 1: NAME OF INSURED:** INTERNATIONAL BUSINESS MACHINES CORP., ETAL (SEE ENDORSEMENT)

**ITEM 2: P.O. ADDRESS:** ARMONK, NEW YORK

**ITEM 3: TERM:** FROM: 5-21-69 TO: 5-21-70 12:01 A.M. STANDARD TIME AT THE ADDRESS OF THE INSURED AS STATED IN ITEM 2 ABOVE.

**ITEM 4: UNDERLYING COVERAGE**

| CARRIERS | POLICY NUMBER | POLICY PERIODS |
|----------|---------------|----------------|
| VARIOUS PER INFORMATION FURNISHED COMPANY | | |

**ITEM 5: DESCRIPTION OF UNDERLYING INSURANCE**

- PRIMARY $500./1,000. B.I. & $100/$100 P.D.
- UMBRELLA $75,500,000. UMBRELLA IN EXCESS OF UNDERLYING PRIMARY

**ITEM 6: DESCRIPTION OF EXCESS INSURANCE**

$2,000,000. EACH OCCURRENCE AND AGGREGATE UMBRELLA EXCESS LIABILITY. EXCESS OF COVERAGE LISTED UNDER ITEM 5

**ITEM 7: PREMIUM $2,000.**

**ITEM 8: ATTACHED HERETO AND MADE A PART HEREOF:**

NO. 1 - NUCLEAR ENERGY LIABILITY EXCLUSION ENDORSEMENT GU-86-9A

**DOUGLAS G. FASH, JR.**

COUNTERSIGNED BY: [Signature] AUTHORIZED REPRESENTATIVE

1-650-237 Printed In U.S.A.
EK 6-20-69