# Zurich International Ltd.

**Date:** June 13, 1986

**J&H Intermediaries Limited**
Victoria Hall,
Victoria Street,
P.O. Box HM 68
Hamilton 5

**ZURICH INTERNATIONAL LTD**

**P.O. BOX HM 2268**
**REID HOUSE**
**31, CHURCH ST.**
**HAMILTON 5**
**BERMUDA**

**PHONE: (809-29) 2-8155**
**TELEX: 3689 ZIB BA**
**FAX: (809-29) 2-7358**

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**INVOICE**

Attached is your policy/certificate. Please remit payment within 45 days to:

**Chase Manhattan Bank**
1 Chase Manhattan Plaza
New York, N.Y., 10015
Account No. 001-1-067 246
Bank of Bermuda Limited
For credit to Zurich International Ltd.

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**Your Reference:**
**ZIB Reference:** 73,389-86-C

**Insured:** International Business Machines
**Re-Insured:** Direct
**Coverage:** Excess Umbrella Liability
**Period:** May 21, 1986 to May 21, 1987
**Limit of Liability:** $2,500,000 P/O $25,000,000 XS $25,000,000
**Gross Premium:** $87,500
**Less Commission (15%)** 13,125
**Less Tax (4%)** 3,500
**Net Premium Due:** $70,875

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**cc:** Accounting
June 13 1986
cm
Z 008759