# Kemper Reinsurance Company Facultative Reinsurance Certificate

**Kemper Reinsurance Company**
- Long Grove, IL 60049
- Telephone: 312/540-2600
- TELEX 28 2501

**Certificate Number:** 92536-0-00-86
**Prior Certificate Number:** New

**Kemper Reinsurance Company (herein called the Reinsurer) DOES HEREBY REINSURE:**

1. **Name and Address of Reinsured:** Lexington Insurance Company - Boston, MA
   - (herein called the COMPANY) with respect to the COMPANY'S policy hereinafter described, in consideration of the payment of the premium and subject to the terms, conditions and amount of liability set forth herein as follows:

2. **Name of Insured:** International Business Machines
   - Address: Armonk, NY

3. **Policy Number:** 5528820
   - Policy Period: From 5-21-86 To 5-21-87

4. **Period of this Certificate:** From 5-21-86 To 5-21-87

5. **Schedule of Reinsurance Afforded:** Date of Acceptance 6-18-86

| Section I | TYPE OF INSURANCE |
|-----------|-------------------|
| STAND ALONE/RETAINED AMOUNT POLICY/CLAIMS MADE |

| Section II | POLICY LIMITS |
|------------|---------------|
| $10,000,000 EACH OCC/AGG X/S SCHEDULED RETAINED AMOUNTS |

| Section III | COMPANY RETENTION |
|-------------|-------------------|
| $5,000,000 EACH OCC/AGG P/O $10,000,000 EACH OCC/AGG X/S SCHEDULED RETAINED AMOUNTS |

| Section IV | REINSURANCE ACCEPTED |
|------------|----------------------|
| $2,000,000 EACH OCC/AGG P/O $10,000,000 EACH OCC/AGG X/S SCHEDULED RETAINED AMOUNTS |

6. **Reinsurance Premium Computation:**
   - Installment Premium
     - Due Date: 3-21-86 Amount Due: $17,000.00
   - Total Premium: $17,000.00
   - Commission: 25%

7. **Intermediary:**
   - IN WITNESS WHEREOF, the Reinsurer has caused this Certificate to be signed by an executive officer.
   - Name:
   - Title: Facultative Officer

The Provisions and Stipulations of the Reinsurance Clause on the Reverse Side Hereof are Hereby Made a Part of This Certificate.

**PRINTED IN U.S.A.**