# CANCELLATION AGREEMENT

For attachment to Contract No. NSP 204, issued effective May 21, 1967, between International Business Machines Corporation and NORTHSTAR REINSURANCE CORPORATION.

IT IS MUTUALLY UNDERSTOOD AND AGREED by and between the parties hereto that the above identified Contract shall be and hereby is cancelled pro rata as of May 21, 1969, 12:01 o'clock a.m. Standard Time, and that North Star Reinsurance Corporation shall not be liable for losses under the terms of the Contract for accidents occurring after said date of cancellation and International Business Machines Corporation shall not be liable for any earned premium applicable to the period subsequent to said cancellation date.

IN WITNESS WHEREOF the parties hereto have caused this Agreement to be executed in duplicate this 16th day of May, 1969.

NORTH STAR REINSURANCE CORPORATION

Return Premium - $1,566.69

International Business Machines Corporation

By [Signature]
Title Assistant Treasurer
Attest [Signature] IBM INSURANCE