**Johnson & Higgins**

**Page 2**
**February 13, 1992**
**Mr. Patrick J. Noone**

Pat, you should now be in receipt of all the excess liability policies comprising your program. We still, however, await the receipt of a few mandatory endorsements described in my previous letters to you. We will keep you advised on the status of this matter.

As always, if you have any questions regarding this policy or the excess program, please do not hesitate to call me.

Very truly yours,

**Stephen B. Luongo**
**Assistant Vice President**

**SBL14/di**

cc: **R. Michel - J&H**
     **C. Tiberio - IBM**
Enclosure