**JH/NY 3013**
TELEX
Johnson & Higgins / New York

**To:** Dick Michel
**From:** Tom Ciardello
**Date:** 6-16-86
**Re:** IBM # Please

PLS TO QUOTE AS FOLLOWS:

FORM: CLAIMS MADE, RETAINED AMOUNT, 2 POLICY APPROPRIATES
COVERAGE: X'S UMBRELLA
LIMITS: 10 MILL X'S 80 MILL
PROVIN: * 85000
COMM: 5 PCT

TERMS: X-ERISA, X-CCC, X-ASBESTOS, X- POLLUTION (ABSOLUTE)
X-E&O, X-AIRCRAFT MACHINES/grounding, X-O&D,
X-PUNITIVE, X-DISCRIMINATION, X-PATENT INFRINGEMENT,
X-PRODUCTS RECALL, X-00/EL

FOLLOW FORM: AIDS, INJURY, CONTRACTUAL, FOREIGN,
LIQUOR, INCIDENT MEDICAL NOT/PURCHASE,

ATTACH: JOINT VENTURE ENDT., UNIMPARED APP. ENDT.

DISC. OPTION: 1 YR AT 125 PCT OF EXPIRING

RETRO DATE: INCEPTION
SUBJECT: SIGNED APPLICATION

NOTE: MAXIMUM PAYMENT DUE WITHIN 30 DAYS OF INCEPTION