# Starr Excess Liability Insurance International Limited

**Endorsement No:** 10 [FFOC]

**This endorsement, effective:** May 21, 1998 (at 12:01 A.M. prevailing time at the address of the Named Insured as shown in item 1(b) of the Declarations)

**forms a part of Policy No:** 400000

**Issued to:** International Business Machines Corporation

**by:** Starr Excess Liability Insurance International Limited

## Employment Discrimination and Employment-Related Practices Exclusion

In consideration of the premium charged, it is agreed that this Policy does not apply to any liability, defense cost, fines or damages which arise out of any:

1. Refusal to employ;
2. Termination of employment;
3. Coercion, demotion, evaluation, reassignment, discipline, defamation, harassment, humiliation, discrimination, or other employment related practices, policies, acts or omissions;
4. Consequential Bodily Injury or Personal Injury as a result of 1 through 3 above.

This exclusion applies whether the Insured may be held liable as an employer or in other capacity and to any obligation of the Insured to share damages with or to repay someone else who must pay damages because of the injury.

All other terms and conditions of this Policy remain unchanged.

**Date of Issuance:** January 7, 1999

**FFOC 458.01 IBM 10**

**Authorized Representative:** Karen J. Radke