# Lexington Insurance Company

**100 Summer Street, Boston, Massachusetts 02110**
**A CAPITAL STOCK COMPANY**

## Cover Note

### Important
THIS INSURANCE CANNOT BE CANCELLED FLAT. EARNED PREMIUM MUST BE PAID FOR THE TIME INSURANCE HAS BEEN IN FORCE.

### Insured:
- **IBM**

### Address:
- **Armonk, NY**

### Cover Note Number: 
- **552 8820**

### Term:
- **One Year**

### Effective Date:
- **5/21/86**

### Expiration Date:
- **5/21/87**

### Type of Insurance:
- **Excess Liability**
  - **A) CLAIMS MADE (X) OR OCCURRENCE ( ) Retained Amount - 2 Policy Aggregates**
  - **B) RETROACTIVE DATE:** **5/21/86**
  - **C) EXTENDED REPORTING PROVISIONS:** 1 Year at 125% of Expiring Premium

### Limits of Liability:
- **$10,000,000. each Claim/Aggregate excess $80,000,000. each Occurrence/Aggregate excess of Primaries and/or SIR**

### Premium and Rate:
- **A) MINIMUM EARNED PREMIUM:** **$21,250.**
- **B) ANNUAL MINIMUM PREMIUM:** **$85,000.**

### Terms and Conditions:
- **A) TOTAL PREMIUM DUE WITHIN:** **15 DAYS OF THE EFFECTIVE DATE OF COVERAGE.**
- **See Attached**

### Broker:
- **Johnson & Higgins**
- **Address:** **95 Wall Street New York, NY 10005**

### Dated at:
- **Boston, MA**
- **this 24th day of June 1986**

### Authorized Signature:

**HOME OFFICE**