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The material in this Newsletter is for information and illustrative purposes only. These materials are not intended to and do not create a contract of any kind between IBM and any other person. IBM reserves the right, in its sole discretion, without notice, to amend, change, suspend, or terminate any compensation, benefit or other plan, program, practice or policy of IBM at any time. Nothing contained in these materials shall be construed as creating an express or implied obligation or promise by IBM to, maintain, continue to offer, or make available such plans, programs, practices or policies. While IBM intends the descriptions in this Newsletter to be current and accurate, these descriptions are neither official Summary Plan Descriptions nor formal program documents, and do not necessarily provide full details of any programs. The formal plan or program documents are the complete and exclusive statement of any plans or and programs described.