# Cover Note

**Midwestern Risk Specialists**
**AvReco Inc**
**200 W. Monroe St.**
**Chicago, Illinois 60606**

**Issued By: Midwestern Risk Specialists**
**Risk Specialists, Inc. at their offices located at Chicago, Illinois**

**CN. No:** 551-28-81

**This is to certify that the following insurance has been effected for your account subject to the terms and conditions contained herein.**

**Insured With:**
**Lexington Insurance Company**

**Insured: International Business Machines**

**Term:** 1 year
**Effective Date:** 5/21/78
**Expiration Date:** 5/21/79

**Limit of Liability:** $2,000,000 CSL and in the Agg.
Where applicable part of $21,000,000 CSL and if the aggregate where applicable excess of $19,000,000 CSL. And in the aggregate where applicable.

**Rate and Premium:** $6,000

**Covering On:** Quota Share Excess Umbrella

**Location:** New York, New York

**To Cover Against Loss By:** Casualty

**Terms and Conditions:**

A. Total premium due within 45 days of the effective date of coverage.
B. Exclude Erisa, D & O Pollution Except F. F., Punitive Sudden and Accidental, Aircraft Products Data Proc. E & O Exclusion, Publishers E & O Exclusion, Airport Exclusion F. F.-Personal Injury, Contractors Limitation.

**Important:**
This insurance cannot be cancelled flat. Earned premium must be paid for the time insurance has been in force.

**Commission:** 15%
**Authorized Representative:** [Signature]
**Sent:** [Date]

**References:**
Renewal of Lexington Policy No. GC 550-88-52

**RS-9000**