In this note, a result is presented that may be considered an extension of the classical Kalman-Yakubovich-Popov (KYP) lemma. Motivated by problems in the design of switched systems, we wish to infer the existence of a quadratic Lyapunov function (QLF) for a nonlinear system in the case where a matrix defining one system is a rank-1 perturbation of the other and where switching between the systems is orchestrated according to a conic partitioning of the state space R-n. We show that a necessary and sufficient condition for the existence of a QLF reduces to checking a single constraint on a sum of transfer functions irrespective of problem dimension. Furthermore, we demonstrate that our conditions reduce to the classical KYP lemma when the conic partition of the state space is R-n, with the transfer function condition reducing to the condition of Strict Positive Realness. (C) 2011 Elsevier Ltd. All rights reserved.