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Exhibit C-2 <br /> Insurance Terms <br /> INSURANCE. The insurance requirements specified in this exhibit shall apply to Licensee and any <br /> subcontractors, suppliers, temporary workers, independent contractors, leased employees, or any other <br /> persons, firms or corporations that Licensee authorizes to work under this Agreement (hereinafter <br /> collectively referred to as "Agents"). Licensee is required to procure and maintain at its sole cost and <br /> expense the insurance coverages subject to all of the requirements set forth below. Such insurance shall <br /> remain in full force and effect throughout the term of this Agreement. Licensee is also required to assess <br /> the risks associated with work to be performed by Agents under subcontract and to include in every <br /> subcontract the requirement that the Agent maintain adequate insurance coverages with appropriate limits <br /> and endorsements to cover such risks; the limit for the commercial general liability insurance in each <br /> subcontract shall not be less than $2 million. To the extent that any Agent does not procure and maintain <br /> such insurance coverage, Licensee shall be responsible for said coverage and assume any and all costs <br /> and expenses that may be incurred in securing said coverage or in fulfilling Licensee's indemnity obligation <br /> as to itself or any of its Agents in the absence of coverage. In the event Licensee or its Agents procure <br /> excess or umbrella coverage to maintain certain requirements outlined below, these policies shall also <br /> satisfy all specified endorsements and stipulations, including provisions that the Licensee's insurance be <br /> primary without any right of contribution from the JPB. Prior to beginning work under this contract, <br /> Licensee shall provide the JPB with satisfactory evidence of compliance with the insurance requirements of <br /> this section. <br /> 1. Minimum Types and Scope of Insurance <br /> A. Workers Compensation and Employers' Liability Insurance. <br /> 1) Workers Compensation with Statutory Limits and/or Federal Employers Liability <br /> ("FELA") coverage (whichever is applicable) to its employees, as required by the <br /> Federal Employer's Liability Act of 1908, applying to Interstate railroad employees, or, <br /> as required by Section 3700 et seq of the California Labor Code, or any subsequent <br /> amendments or successor acts thereto governing the liability of employers to their <br /> employees. <br /> 2) If FELA applies, it shall be in accordance with federal statutes and have minimum limits <br /> of$10,000,000 per occurrence. <br /> 3) If the California Labor Code requiring Workers' Compensation applies, the Licensee I <br /> shall also maintain Employer's Liability coverage with minimum limits of$2 million. <br /> � <br /> 4) Such insurance shall include the following endorsement as further detailed in the I <br /> Endorsements Section below: <br /> - Waiver of Subrogation. <br /> B. Commercial General Liability Insurance. <br /> Commercial General Liability insurance for bodily injury and property damage coverage <br /> with a combined single limit for bodily injury and property damage of at least $ 2 million per <br /> occurrence or claim and a general aggregate limit of at least $ 5 million. Such insurance shall <br /> cover all of Licensee's operations both at and away from the project site. <br /> 1) This insurance shall include coverage for, but not be limited to: <br /> - Premises and operations. <br /> - Products and completed operations. <br /> 1306159.1 <br />