As Filed with the Securities and Exchange Commission on June 21, 1999
Registration No. 333-
===============================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------
Form S-8
REGISTRATION STATEMENT
Under
THE SECURITIES ACT OF 1933
------------
INTERNATIONAL BUSINESS MACHINES
CORPORATION
(Exact name of registrant as specified in its charter)
New York 13-0871985
(State or other jurisdiction (I.R.S. Employer Identification No.)
of incorporation or organization)
New Orchard Road
Armonk, New York 10504
(Address of Principal Executive Offices)
------------
Whistle Communications Corporation 1995 Stock Plan
Whistle Communications Corporation 1996 Stock Plan
------------
Andrew Bonzani, Esq.
Assistant Secretary and Senior Counsel
International Business Machines Corporation
Armonk, New York 10504
(914) 499-1900
(Name, address and telephone number, including area code, of agent for service)
------------
<TABLE>
<CAPTION>
CALCULATION OF REGISTRATION FEE
=====================================================================================================
Title of Amount Proposed maximum Proposed maximum
securities to be offering price per aggregate offering Amount of
to be registered registered share price registration fee
<S> <C> <C> <C> <C>
- -----------------------------------------------------------------------------------------------------
Common Stock, par value $.20 90,000[1] $7.763[2] $698,625[2] $194.22
- -----------------------------------------------------------------------------------------------------
[1] Based on 1,259,569 shares subject to outstanding options under the Whistle Communications
Corporation 1995 Stock Plan and the Whistle Communications Corporation 1996 Stock Plan (collectively,
the "Whistle Communications Plans").
[2] Estimated solely for the purpose of determining the registration fee in accordance with Rule 457(h)
under the Securities Act of 1933, as amended, on the basis of the highest and lowest prices of the
registrant's Common Stock reported on the New York Stock Exchange Composite Tape on June 14, 1999.
=========================================================================================================
</TABLE>
<PAGE>
Part II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3. Incorporation of Documents by Reference.
The following documents previously filed with the Securities and Exchange
Commission are incorporated by reference herein and shall be deemed a part
hereof:
(a) The Annual Report of International Business Machines
Corporation ("IBM") on Form 10-K for the fiscal year ended December
31, 1998, filed pursuant to Section 13(a) or 15(d) of the Securities
Exchange Act of 1934 (the "Exchange Act").
(b) All other reports filed by IBM pursuant to Section 13(a) or
15(d) of the Exchange Act since December 31, 1998.
(c) The description of IBM's common stock, contained in IBM's
registration statements filed pursuant to Section 12 of the Exchange
Act, and any amendment or report filed for the purpose of updating any
such description.
All documents filed by IBM pursuant to Sections 13(a), 13(c), 14 and 15(d)
of the Exchange Act, after the date hereof and prior to the filing of a
post-effective amendment which indicates that all securities offered have
been sold or which deregisters all securities then remaining unsold, shall
be deemed to be incorporated by reference herein and to be a part hereof
from the date of filing of such documents.
Any statement contained in a document incorporated or deemed to be
incorporated by reference herein shall be deemed to be modified or
superseded for purposes of this Registration Statement to the extent that a
statement contained herein or in any other subsequently filed document
which also is or is deemed to be incorporated by reference herein modifies
or supersedes such statement. Any such statement so modified or superseded
shall not be deemed, except as so modified or superseded, to constitute a
part of this Registration Statement.
Item 5. Interests of Named Experts and Counsel.
The validity of the IBM common stock, par value .20 per share, offered
hereby has been passed upon by Andrew Bonzani, Assistant Secretary and
Senior Counsel of IBM. As of June 21, 1999, Mr. Bonzani beneficially owns
shares of IBM common stock, par value .20 per share, and options to
purchase shares of IBM common stock, par value .20 per share.
Item 6. Indemnification of Directors and Officers.
The By-Laws of IBM (Article VI, Section 6) provide the following:
"The Corporation shall, to the fullest extent permitted by
applicable law as in effect at any time, indemnify any person made, or
threatened to be made, a party to an action or proceeding whether
civil or criminal (including an action or proceeding by or in the
right of the Corporation or any other corporation of any type or kind,
domestic or foreign, or any partnership, joint venture, trust,
employee benefit plan or other enterprise, for which any director or
officer of the Corporation served in any capacity at the request of
the Corporation), by reason of the fact that such person or such
person's testator or intestate was a director or officer of the
Corporation, or served such other corporation, partnership, joint
venture, trust, employee benefit plan or other enterprise in any
<PAGE>
capacity, against judgments, fines, amounts paid in settlement and
reasonable expenses, including attorneys' fees actually and
necessarily incurred as a result of such action or proceeding, or any
appeal therein. Such indemnification shall be a contract right and
shall include the right to be paid advances of any expenses incurred
by such person in connection with such action, suit or proceeding,
consistent with the provisions of applicable law in effect at any
time. Indemnification shall be deemed to be 'permitted' within the
meaning of the first sentence hereof if it is not expressly prohibited
by applicable law as in effect at the time."
The Certificate of Incorporation of IBM (Article Eleven) provides the
following:
"Pursuant to Section 402(b) of the Business Corporation Law of
the State of New York, the liability of the Corporation's directors to
the Corporation or its stockholders for damages for breach of duty as
a director shall be eliminated to the fullest extent permitted by the
Business Corporation Law of the State of New York, as it exists on the
date hereof or as it may hereafter be amended. No amendment to or
repeal of this Article shall apply to or have any effect on the
liability or alleged liability of any director of the Corporation for
or with respect to any acts or omissions of such director occurring
prior to such amendment or repeal."
With certain limitations, Sections 721 through 726 of the New York Business
Corporation Law permit a corporation to indemnify a director or officer
made a party to an action (i) by a corporation or in its right in order to
procure a judgment in its favor unless he shall have breached his duties,
or (ii) other than an action by or in the right of the corporation in order
to procure a judgment in its favor, if such director or officer acted in
good faith and in a manner he reasonably believed to be in or, in certain
cases not opposed to such corporation's interest and additionally, in
criminal actions, had no reasonable cause to believe his conduct was
unlawful.
In addition, IBM maintains directors' and officers' liability insurance
policies.
Item 8. Exhibits.
Exhibit Number Description
- -------------- -----------
5 The opinion, dated June 21, 1999, of Andrew Bonzani, Esq.,
Assistant Secretary and Senior Counsel of IBM
23.1 Consent of Independent Accountants
23.2 Consent of Counsel (included in Exhibit 5)
24 Powers of Attorney
Item 9. Undertakings.
(a) The undersigned registrant hereby undertakes:
(1) to file, during any period in which offers or sales are being
made, a post- effective amendment to this registration statement to
include any material information with respect to the plan of
distribution not previously disclosed in the registration statement or
any material change to such information in the registration statement;
(2) that, for the purpose of determining any liability under the
Securities Act of 1933, each such post-effective amendment shall be
deemed to be a new registration
<PAGE>
statement relating to the securities offered therein, and the offering
of such securities at that time shall be deemed to be the initial bona
fide offering thereof; and
(3) to remove from registration by means of a post-effective
amendment any of the securities being registered which remain unsold
at the termination of the offering.
(b) The undersigned registrant hereby undertakes that, for purposes of
determining any liability under the Securities Act of 1933, each filing of
the registrant's annual report pursuant to Section 13(a) or Section 15(d)
of the Exchange Act that is incorporated by reference in the registration
statement shall be deemed to be a new registration statement relating to
the securities offered therein, and the offering of such securities at that
time shall be deemed to be the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising under the Securities
Act of 1933 may be permitted to directors, officers and controlling persons
of the registrant pursuant to the foregoing provisions, or otherwise, the
registrant has been advised that in the opinion of the Securities and
Exchange Commission such indemnification is against public policy as
expressed in the Act and is, therefore, unenforceable. In the event that a
claim for indemnification against such liabilities (other than the payment
by the registrant of expenses incurred or paid by a director, officer or
controlling person of the registrant in the successful defense of any
action, suit or proceeding) is asserted by such director, officer or
controlling person in connection with the securities being registered, the
registrant will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of appropriate
jurisdiction the question whether such indemnification by it is against
public policy as expressed in the Act and will be governed by the final
adjudication of such issue.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrant
certifies that it has reasonable grounds to believe that it meets all of
the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the town of North Castle, State of New York,
on the 21st day of June 1999.
INTERNATIONAL BUSINESS MACHINES
CORPORATION
By
/s/ ANDREW BONZANI
---------------------------------------
(Andrew Bonzani, Esq., Assistant
Secretary and Senior Counsel)
Pursuant to the requirements of the Securities Act of 1933, this
registration statement has been signed by the following persons in the
capacities indicated on the 21st day of June, 1999.
Signature Title
- --------- -----
*
- ------------------------- Chairman of the Board of Directors and
Louis V. Gerstner, Jr. Chief Executive Officer (Principal
Executive Officer)
*
- ------------------------- Senior Vice President and Chief Financial
Douglas L. Maine Officer (Principal Financial Officer)
*
- ------------------------- Vice President and Controller
Mark Loughridge
*
- ------------------------- Director
Cathleen Black
*
- ------------------------ Director
Kenneth I. Chenault
*
- ------------------------ Director
Nannerl O. Keohane
*
- ------------------------ Director
Charles F. Knight
*
- ------------------------ Director
Minoru Makihara
*
- ------------------------ Director
Lucio A. Noto
*
- ------------------------ Director
John B. Slaughter
<PAGE>
*
- ------------------------- Director
Alex Trotman
*
- ------------------------- Director
Lodewijk C. van Wachem
*
- ------------------------- Director
Charles M. Vest
*The undersigned, by signing his name hereto, does hereby execute
this Registration Statement pursuant to powers of attorney filed as
exhibits to this Registration Statement.
by: /s/ ANDREW BONZANI
-----------------------------
Andrew Bonzani, Esq.
Attorney-in-Fact
<PAGE>
EXHIBIT INDEX
EXHIBIT NO.
- -----------
5 Opinion of Andrew Bonzani, Esq., Assistant
Secretary and Senior Counsel
23.1 Consent of Independent Accountants
23.2 Consent of Counsel (included in Exhibit 5)
24 Powers of Attorney
<PAGE>
EXHIBIT 5
June 21, 1999
International Business Machines Corporation
New Orchard Road
Armonk, NY 10504
Ladies and Gentlemen:
I am Assistant Secretary and Senior Counsel of International Business
Machines Corporation (herein called the "Corporation") and an attorney duly
admitted to practice in the State of New York. I am familiar with the
Registration Statement on Form S-8 (the "Registration Statement") under the
Securities Act of 1933 (the "Securities Act") regarding the shares of
common stock, par value $.20 per share, of the Corporation (the "Shares")
to be issued pursuant to the Whistle Communications Corporation 1995 Stock
Plan and the Whistle Communications Corporation 1996 Stock Plan
(collectively, the "Plans").
I have reviewed such documents and records as I have deemed necessary or
appropriate to enable me to express an informed opinion with respect to the
matters covered hereby.
Based upon the foregoing, I am of the opinion that, when issued or sold in
accordance with the terms of the Plans, the Shares will be validly issued,
fully paid and nonassessable.
I hereby consent to the use of my name in the Registration Statement as
counsel who has passed upon the legality of the Shares, and to the use of
this opinion as part of the Registration Statement as required by Section 7
of the Securities Act.
Very truly yours,
/s/ Andrew Bonzani
------------------------------
Andrew Bonzani, Esq.
Assistant Secretary and
Senior Counsel
<PAGE>
EXHIBIT 23.1
CONSENT OF INDEPENDENT ACCOUNTANTS
We hereby consent to the incorporation by reference in this Registration
Statement on Form S-8 of our report dated January 21, 1999, which appears
on page 53 of the 1998 Annual Report to Stockholders of International
Business Machines Corporation, which is incorporated by reference in
International Business Machines Corporation's Annual Report on Form 10-K
for the year ended December 31, 1998. We also consent to the incorporation
by reference of our report on the Financial Statement Schedule which
appears on page 11 of such Annual Report on Form 10-K.
/s/ PricewaterhouseCoopers LLP
----------------------------------
PricewaterhouseCoopers LLP
New York, New York
June 21, 1999
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF LOUIS V. GERSTNER, JR.
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Chairman
of the Board and Chief Executive Officer of International Business Machines
Corporation, a New York corporation (the "Corporation"), which is to file
with the Securities and Exchange Commission (the "SEC") under the
provisions of the Securities Act of 1933 one or more Registration
Statements on Form S-8, or other appropriate Form, for shares of capital
stock of the Corporation or other interests issuable upon the exercise or
surrender of options assumed or exchanged by the Corporation that were
issued by Whistle Communications Corp., hereby constitute and appoint
Lawrence R. Ricciardi, Douglas L. Maine, Mark Loughridge, Daniel E.
O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and each of them, my true
and lawful attorneys-in-fact and agents, with full power to act, together
or each without the others, for me and in my name, place and stead, in any
and all capacities, to sign, or cause to be signed electronically any and
all of said Registration Statements (which Registration Statements may
constitute post-effective amendments to registration statements previously
filed with the SEC) and any and all amendments to the aforementioned
Registration Statements and to file said Registration Statements and
amendments thereto so signed with all exhibits thereto, and with any and
all other documents in connection therewith, with the SEC, hereby granting
unto said attorneys-in-fact and agents, and each of them, full power and
authority to do and perform any and all acts and things requisite and
necessary to be done in and about the premises, as fully to all intents and
purposes as I might or could do in person, hereby ratifying and confirming
all that said attorneys-in-fact and agents or any of them may lawfully do
or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Louis V. Gerstner, Jr.
----------------------------------
Louis V. Gerstner, Jr.
Chairman of the Board of Directors
and Chief Executive Officer
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF DOUGLAS L. MAINE
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Senior
Vice President and Chief Financial Officer of International Business
Machines Corporation, a New York corporation (the "Corporation"), which is
to file with the Securities and Exchange Commission (the "SEC") under the
provisions of the Securities Act of 1933 one or more Registration
Statements on Form S-8, or other appropriate Form, for shares of capital
stock of the Corporation or other interests issuable upon the exercise or
surrender of options assumed or exchanged by the Corporation that were
issued by Whistle Communications Corp., hereby constitute and appoint
Lawrence R. Ricciardi, Mark Loughridge, Daniel E. O'Donnell, Jeffrey D.
Serkes, and Andrew Bonzani, and each of them, my true and lawful
attorneys-in-fact and agents, with full power to act, together or each
without the others, for me and in my name, place and stead, in any and all
capacities, to sign, or cause to be signed electronically any and all of
said Registration Statements (which Registration Statements may constitute
post-effective amendments to registration statements previously filed with
the SEC) and any and all amendments to the aforementioned Registration
Statements and to file said Registration Statements and amendments thereto
so signed with all exhibits thereto, and with any and all other documents
in connection therewith, with the SEC, hereby granting unto said
attorneys-in-fact and agents, and each of them, full power and authority to
do and perform any and all acts and things requisite and necessary to be
done in and about the premises, as fully to all intents and purposes as I
might or could do in person, hereby ratifying and confirming all that said
attorneys-in-fact and agents or any of them may lawfully do or cause to be
done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Douglas L. Maine
----------------------------------
Douglas L. Maine
Senior Vice President and
Chief Financial Officer
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF MARK LOUGHRIDGE
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Vice
President and Controller of International Business Machines Corporation, a
New York corporation (the "Corporation"), which is to file with the
Securities and Exchange Commission (the "SEC") under the provisions of the
Securities Act of 1933 one or more Registration Statements on Form S-8, or
other appropriate Form, for shares of capital stock of the Corporation or
other interests issuable upon the exercise or surrender of options assumed
or exchanged by the Corporation that were issued by Whistle Communications
Corp., hereby constitute and appoint Lawrence R. Ricciardi, Douglas L.
Maine, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and each
of them, my true and lawful attorneys-in-fact and agents, with full power
to act, together or each without the others, for me and in my name, place
and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Mark Loughridge
----------------------------------
Mark Loughridge
Vice President and Controller
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Cathleen Black
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Kenneth I. Chenault
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Nannerl O. Keohane
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Charles F. Knight
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Minoru Makihara
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Lucio A. Noto
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ John B. Slaughter
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Alex Trotman
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF, I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Lodewijk C. van Wachem
----------------------------------
Director
<PAGE>
EXHIBIT 24
POWER OF ATTORNEY OF IBM DIRECTOR
KNOW ALL PERSONS BY THESE PRESENTS, that I, the undersigned Director
of International Business Machines Corporation, a New York corporation (the
"Corporation"), which is to file with the Securities and Exchange
Commission (the "SEC") under the provisions of the Securities Act of 1933
one or more Registration Statements on Form S-8, or other appropriate Form,
for shares of capital stock of the Corporation or other interests issuable
upon the exercise or surrender of options assumed or exchanged by the
Corporation that were issued by Whistle Communications Corp., hereby
constitute and appoint Lawrence R. Ricciardi, Douglas L. Maine, Mark
Loughridge, Daniel E. O'Donnell, Jeffrey D. Serkes, and Andrew Bonzani, and
each of them, my true and lawful attorneys-in-fact and agents, with full
power to act, together or each without the others, for me and in my name,
place and stead, in any and all capacities, to sign, or cause to be signed
electronically any and all of said Registration Statements (which
Registration Statements may constitute post-effective amendments to
registration statements previously filed with the SEC) and any and all
amendments to the aforementioned Registration Statements and to file said
Registration Statements and amendments thereto so signed with all exhibits
thereto, and with any and all other documents in connection therewith, with
the SEC, hereby granting unto said attorneys-in-fact and agents, and each
of them, full power and authority to do and perform any and all acts and
things requisite and necessary to be done in and about the premises, as
fully to all intents and purposes as I might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents or any
of them may lawfully do or cause to be done by virtue hereof.
IN WITNESS WHEREOF I, the undersigned, have executed this Power of
Attorney as of this 27th day of April, 1999.
/s/ Charles M. Vest
----------------------------------
Director
