# Confirmation of Reinsurance Bound

**Leringon Ins. Co.**
Boston, MA

**Commonwealth Associates**
67 Broad St.
Boston, MA 02109
(617) 439-0244
TELEX # 921756

**CONFIRMATION OF REINSURANCE BOUND**

**DATE:** 6/23/86
**INVOICE #:** 4160
**CEDANT POL. #:** 5528820
**REINS. CERT. #:** A5131986A
**Coverage Consultants**

**ATTENTION:** Tom Ciardello
**CEDING COMPANY:** Lexington Ins. Co.
**INSURED:** I. B. M., Armonk, NY
**COMPANY POLICY PERIOD:** 5/21/86 to 5/21/87 (WNKORLL to 6/16/86)
**REINSURERS POLICY PERIOD:** 5/21/86 to 5/21/87 (WNKORLL to 6/16/86)
**TYPE OF INSURANCE:** X/S Umbrella Liability
**COMPANY POLICY LIMITS:** 10M CSL x/s 80M CSL
**COMPANY RETENTION (NET & TREATY):** 5M CSL p/o 10M CSLx/s 80M CSL see underlying
**REINSURANCE ACCEPTED:** 500,000. CSL p/o 10M CSL x/s 80M CSL
**BASIS OF ACCEPTANCE:** PRO RATA
**REINSURANCE PREMIUM:** $4,250.00 gross
**CEDING COMMISSION:** 22.5%
**TERMS & CONDITIONS:** F.F. U.L., 1 yr. discovery option @ 125% 2Policy Aggregates Retained Amount Form, Retrol is Inception, x/c ERISA, CCC, Asbestos, Grounding D&O, Punitive Damages, Discrimination, Patent Infringement, Products, Recall, FF PI & Cont, Foreign, Liquor, J.V. End.

**BY:** [Signature]
**Commonwealth Associates**