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RecDoc 2012-139032
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RecDoc 2012-139032
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Last modified
10/8/2012 4:39:02 PM
Creation date
10/8/2012 4:38:59 PM
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Recorded Docs
Recorded Docs - Type
Easement
Subject
Easement Agreement (Public Access Trail Easement
Doc Num
2012-139032
Rec Date
9/25/2012
Address
Bair Island Bay Trail
Parties
Pacific Gas and Electirc Company- PG&E
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. � , <br /> D. Additional Insurance Provisions <br /> 1. Upon the Effective Date of the Easement Agreement Grantee shall furnish PG&E <br /> with two (2) sets of certificates of insurance including required endorsements. <br /> 2. Documentation shall state that coverage shall not be canceled except after thirty <br /> (30)days prior written notice has been given to PG&E. <br /> 3. The documents must be signed by a person authorized by that insurer to bind <br /> coverage on its behalf and submitted to: <br /> Pacific Gas and Electric Company Pacific Gas and Electric Company <br /> Insurance Department- B24H 111 Almaden Boulevard, Room 814 <br /> Post Office Box 770000 San Jose, CA 95113 <br /> San Francisco, California 94177 Attention: Land Agent <br /> 4. Upon request, Grantee shall furnish PG&E evidence of insurance for its agents or <br /> contractors. <br /> 5. PG&E may inspect the original policies or require complete certified copies at any <br /> time. � <br /> 6. Grantee shall have the right under this Agreement to self-insure for any required <br /> insurance, provided that Grantee shall be liable to PG&E for the full equivalent of <br /> insurance coverage which would have been available to PG&E if the applicable <br /> insurance policies had been obtained by Grantee from a third party insurer, in full <br /> compliance with the provisions of this Exhibit C, and shall pay on behalf of or <br /> indemnify PG&E for all amounts which would have been payable by the third party <br /> insurer. In addition, Grantee shall act with the same promptness and subject to the <br /> same standards of good faith as would apply to a third party insurance company. In <br /> the event that Grantee elects to self-insure with respect to any of the insurance <br /> requirements required under this Agreement, on or before the Effective Date and <br /> upon written request by PG&E, within thirty (30) days of the commencement of <br /> . each year thereafter, Grantee shall submit to PG&E a certificate of self-insurance <br /> signed by a duly authorized representative of Grantee, such certificate evidencing <br /> that Grantee's self-insurance program is in full force and effect and in compliance <br /> with and subject to all the terms, agreements, covenants, conditions and provisions <br /> of this Agreement. <br /> Page 24 of 24 <br />
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