**THIS ENDORSEMENT EFFECTIVE MAY 21, 1993**

**FORMS PART OF POLICY NUMBER 531-205534-7**

**ISSUED TO INTERNATIONAL BUSINESS MACHINES CORP.**

**BY INTERNATIONAL INSURANCE COMPANY**

**EXCESS POLICY**

**POLUTION LIABILITY EXCLUSION (ABSOLUTE)**

**THIS POLICY DOES NOT APPLY TO ANY LOSS:**

A) ARISING OUT OF THE ACTUAL, ALLEGED OR THREATENED DISCHARGE, DISPERAL, RELEASE OR ESCAPE OF POLLUTANTS:

1) AT OR FROM PREMISES OWNED, RENTED OR OCCUPIED BY THE INSURED;

2) AT OR FROM ANY SITE OR LOCATION USED BY OR FOR THE INSURED OR OTHERS FOR THE HANDLING, STORAGE, DISPOSAL, PROCESSING OR TREATMENT OF WASTE;

3) WHICH ARE AT ANY TIME TRANSPORTED, HANDLED, STORED, TREATED, DISPOSED OF, OR PROCESSED AS WASTE BY OR FOR THE INSURED OR ANY PERSON OR ORGANIZATION FOR WHOM THE INSURED MAY BE LEGALLY RESPONSIBLE; OR

4) AT OR FROM ANY SITE OR LOCATION ON WHICH THE INSURED OR ANY CONTRACTORS OR SUBCONTRACTORS WORKING DIRECTLY OR INDIRECTLY ON BEHALF OF THE INSURED ARE PERFORMING OPERATIONS:

A) IF THE POLLUTANTS ARE BROUGHT ON OP TO THE SITE OR LOCATION IN CONNECTION WITH SUCH OPERATIONS; OR

B) IF THE OPERATIONS ARE TO TEST FOR, MONITOR, CLEAN UP, REMOVE, CONTAIN, TREAT, DETOXIFY OR NEUTRALIZE POLLUTANTS;

C) OR TO ANY LOSS, COST OR EXPENSE ARISING OUT OF ANY GOVERNMENTAL DIRECTION OR REQUEST THAT THE INSURED TEST FOR, MONITOR, CLEAN-UP, REMOVE, CONTAIN, TREAT, DETOXIFY OR NEUTRALIZE POLLUTANTS.

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