Robert C. Sodoma and Gwen A. Sodoma - Page 3

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          (IBM).  At some time in 1993, he became eligible to participate             
          in IBM's Austin Transition Program (retirement program).  In                
          exchange for the sums and benefits to be received pursuant to the           
          retirement program, he was required to sign a general release and           
          covenant not to sue agreement.                                              
               The release agreement provides in part:                                
                    In exchange for the sums and benefits which you                   
               will receive pursuant to the terms of the Austin                       
               Transition Program (Name of Individual) (hereinafter                   
               "you") agrees to release International Business                        
               Machines Corporation (hereinafter "IBM") and its                       
               benefits plans from all claims, demands, actions or                    
               liabilities you may have against IBM of whatever kind,                 
               including but not limited to those which are related to                
               your employment with IBM, the termination of that                      
               employment or other severance payments or your                         
               eligibility or participation in the Retirement Bridge                  
               Leave of Absence.  * * *                                               
                    * * *  You also agree that this release covers,                   
               but is not limited to, claims arising from the Age                     
               Discrimination in Employment Act of 1967, as amended,                  
               Title VII of the Civil Rights Act of 1964, as amended,                 
               and any other federal, state or local law dealing with                 
               discrimination in employment, including but not limited                
               to discrimination based on sex, race, national origin,                 
               religion, disability, veteran status or age.  You also                 
               agree that this release includes claims based on                       
               theories of contract or tort, whether based on common                  
               law or otherwise. This agreement covers both claims                    
               that you know about and those that you may not know                    
               about which have accrued by the time you execute this                  
               release.  * * *                                                        
                              *   *   *   *   *   *   *                               
                    You acknowledge and agree that:                                   

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