# ENDORSEMENT

**Date Issued:** cr - 06/17/85  
**Endorsement No.:** 94  
**Insured:** International Business Machines Corporation, etal  
**Name of Company:** Federal Insurance Company  
**Policy No.:** (86) 7922-81-34  
**Effective Date:** 5/21/85  
**Producer:** Johnson & Higgins  

**THIS POLICY IS SUBJECT TO THE FOLLOWING ADDITIONAL EXCLUSION**

This policy shall not apply to personal injury or property damage arising out of the discharge, dispersal, release or escape of smoke, vapors, soot, fumes, acids, alkalis, toxic chemicals, oil or other petroleum substance or derivative (including any oil refuse or oil mixed with wastes), liquids or gases, waste materials or other irritants, contaminants or pollutants into or upon land, the atmosphere or any watercourse or body of water.

**All Other Terms and Conditions Remain Unchanged**

**Janet Guild**  
Authorized Representative

Form 99-02 02/5 Part (Rev.8.71) (Formerly 1382)
P-54B27 (150M)