# Excess Overlayer Indemnity Policy

## Named Insured
- International Business Machines Corp.
- IBM World Trade Corp.

**AND ANY OTHER SUBSIDIARY OR AFFILIATED CORPORATION PROVIDED SUCH OTHER SUBSIDIARY OR AFFILIATED CORPORATION WARRANTS THAT IT IS UNDER THE SAME SUBSIDIARY OR AFFILIATED CORPORATION THROUGH THE IDENTITY OF ITS OFFICERS, DIRECTORS, OPERATIVE AND FINANCIAL CONTROL THROUGH THE IDENTITY OF ITS OFFICERS, DIRECTORS, OR STOCKHOLDERS AND ANY EMPLOYEE ASSOCIATION THEREOF.**

## Endorsement Information
- **Endorsement effective:** [Not specified]
- **Named Insured:** [Not specified]
- **Additional Premium:** $0
- **Policy No.:** [Not specified]
- **Endorsement No.:** 4
- **Return Premium:** $0
- **In Advance:** $5
- **1st Analy.:** $5
- **2nd Analy.:** $5

## Issuing Companies
- The Aetna Casualty and Surety Company
- The Standard Fire Insurance Company
- Hartford, Connecticut

## Counter-signed by:
- [Not specified]

**CAT: 439789**
**PRINTED IN U.S.A.**