**American International Companies**

**Executive Offices:**
70 Pine Street, New York, N.Y. 10270

**Producer:**
Johnson & Higgins
65 Wall Street
New York, N.Y.

**Notice of Premium Due**

This premium is due and payable to the company 15 days from the date of this bill or 45 days from inception of the contract, whichever is later. If payment is not received within the time slip indicated, this policy will be cancelled.

**Return Remittance To:**
National Union
P.O. Box 1168
Wall Street Station
New York, NY, 10268

| Policy Number | Billing Date | Eff. Date | Date Due | Comm. Rate | Premium Due |
|---------------|--------------|------------|----------|------------|-------------|
| 0605117       | 05/12/02     | 05/21/02   | 07/05/02 | 12.50%     | $154,974.00 |

**Insured:**
I B N Corp.
Ann Arbor, N.Y.

**Coverage:**
Ciccarelli Division 50
P54131006

**Return this notice with your remittance, indicate any change in address. Underwriter's Copy.**