**TELEX**

To:  
From:  

Date:  
Re:

LEX Policy 10 mil to 70 mil, $100,000  
Retention: 5 mil  
Form: Retained Amount, 2 Policy Aggregates.  
Netto: Inception  
Disc. Option: 1 yr at 1.5 pct.  
Tells: X-EMSA, X-CCC, X-ASBESTOS, X-Pollution(Absolute)  
X-E&O, X-Aircraft Prod./Grounding, X-D&O  
X-Product, X-Discontinuation, X-Patent Infringement  
X-Products Recall.  

Follow Form: P&I, Int., Contractual, Foreign, Liquor  
Attach: Joint Venture Exit.  

Eff Date: 6/3/96-07