# ENDORSEMENT #7 10/3/85 1jt

**Crum and Forster insurance organizations**

- Additional Premium: _______
- Return Premium: _______

**Effective on and after:** MAY 21, 1985, 12:01 AM Standard Time
- This endorsement forms part of policy No.: 522-051847-2
- Expiration Date: MAY 21, 1986

**Issued to:** INTERNATIONAL BUSINESS MACHINES CORPORATION
**By:** THE NORTH RIVER INSURANCE Company

## E.R.I.S.A. EXCLUSION

IN CONSIDERATION OF THE PREMIUM CHARGED FOR THIS POLICY, IT IS HEREBY UNDERSTOOD AND AGREED THE INSURER SHALL NOT BE LIABLE TO MAKE ANY PAYMENT FOR LOSS IN CONNECTION WITH ANY CLAIM MADE AGAINST THE INSURED:

BASED UPON THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, PUBLIC LAW 93-406, COMMONLY REFERRED TO AS THE PENSION REFORM ACT OF 1974, AND AMENDMENTS THERETO, OR SIMILAR PROVISIONS OF ANY FEDERAL STATE OR LOCAL STATUTORY LAW OR COMMON LAW.

All other terms and conditions of this policy remain unchanged.

**AUTHORIZED REPRESENTATIVE**