Common use of Client Insurance Clause in Contracts

Client Insurance. Client shall, at its own cost and expense, obtain and maintain in full force and effect the following insurance during the term of this Agreement: (A) Commercial General Liability insurance with per-occurrence limit of not less than […***…]; (B) Products and Completed Operations Liability Insurance with per-occurrence limit of not less than […***…]; (C) Workers’ Compensation and Employer’s Liability Insurance with statutory limits for Workers’ Compensation and Employer’s Liability insurance limits of not less than […***…] per accident; and (D) All risk Property Insurance, including transit coverage, in an amount equal to full replacement value covering Client’s property while it is at Catalent’s facilities or in transit to, from, or between Catalent’s facilities. Client shall maintain levels of insurance sufficient to meet its obligations under this Agreement. In the event that any of the required policies of insurance are written on a claims made basis, then such policies shall be maintained during the entire term of this Agreement and for a period of not less than […***…] years following the termination or expiration of this Agreement. Client shall obtain a waiver from any insurance carrier with whom Client carries Property Insurance releasing its subrogation rights against Catalent. Client shall not seek reimbursement for any property claim or portion thereof that is not fully recovered from Client’s Property Insurance policy. Client shall obtain a waiver from any insurance carrier with whom Client carries Workers’ Compensation insurance releasing its subrogation rights against Catalent. Catalent Pharma Solutions, Inc. and its subsidiaries and Affiliates shall be named as additional insureds under the Products and Completed Operations Liability insurance policies with respect to the products and completed operations outlined in this Agreement. Client shall furnish certificates of insurance evidencing the required insurance policies and additional insured status to Catalent as soon as practicable after the Effective Date of the Agreement and within […***…] days after renewal of such policies, and such certificate shall provide that the insurer will give Catalent at least […***…] days’ written notice of any material change in or cancellation of such insurance. Each insurance policy that is required under this Agreement shall be obtained from an insurance carrier with an A.M. Best rating of at least A- VII.

Client Insurance. Prior to commercial launch of the Product, Client shall, at its own cost and expense, obtain and maintain in full force and effect the following insurance during the term of this Agreement: (A) Commercial General Liability insurance with per-occurrence limit of not less than […***…]$1,000,000; (B) Products and Completed Operations Liability Insurance with per-occurrence limit of not less than […***…]$5,000,000; (C) Workers’ Compensation and Employer’s Liability Insurance with statutory limits for Workers’ Compensation and Employer’s Liability insurance limits of not less than […***…] $1,000,000 per accident; and (D) All risk Risk Property Insurance, including transit coverage, in an amount equal to full replacement value covering Client’s property while it is at Catalent’s facilities the Facility or in transit to, from, or between Catalent’s facilities. The parties hereby acknowledge and agree that Client may self-insure all or any portion of the above-required insurance. Client shall maintain levels of insurance sufficient to meet its obligations under this Agreement. In the event that any of the required policies of insurance are written on a claims made basis, then such policies shall be maintained during the entire term of this Agreement and for a period of not less than […***…] three (3) years following the termination or expiration of this Agreement. Client shall obtain a waiver from any insurance carrier with whom Client carries Property Insurance releasing its subrogation rights against Catalent. Client shall not seek reimbursement for any property claim or portion thereof that is not fully recovered from Client’s Property Insurance policy. Client shall obtain a waiver from any insurance carrier with whom Client carries Workers’ Compensation insurance releasing its subrogation rights against Catalent. Catalent Pharma Solutions, Inc. Inc., and its subsidiaries and Affiliates shall be named as additional insureds under the Products and Completed Operations PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; [***] DENOTES OMISSIONS. Liability insurance policies with respect to the products and completed operations outlined in this Agreement. Client shall furnish certificates of insurance evidencing the required insurance policies and additional insured status to Catalent as soon as practicable after the Effective Date effective date of the this Agreement and within […***…] thirty (30) days after renewal of such policies, and such certificate shall provide that the insurer will give Catalent at least […***…] days’ written notice of any material change in or cancellation of such insurance. Each insurance policy that is required under this Agreement Agreement, other than self-insurance, shall be obtained from an insurance carrier with an A.M. Best rating of at least A- VII.

Client Insurance. Client shall, at its own cost and expense, obtain and maintain in full force and effect the following insurance during the term of this Agreement: (A) Commercial General Liability insurance Insurance with per-a per occurrence limit of not less than […***…]$1,000,000; (B) Products and Completed Operations Liability Insurance with per-a per occurrence limit of not less than […***…]$10,000,000; (C) Workers’ Compensation and Employer’s Liability Insurance with statutory limits for Workers’ Compensation and Employer’s Liability insurance limits of not less than […***…] $1,000,000 per accident; and (D) All risk Risk Property Insurance, including transit coverage, in an amount equal to full replacement value covering Client’s property while it is at CatalentCardinal Health’s facilities or in transit to, from, from or between CatalentCardinal Health’s facilities. The parties hereby acknowledge and agree that Client may self-insure all or any portion of the above-required insurance. Client shall maintain levels of insurance or self insurance sufficient to meet its obligations under this Agreement. In the event that any of the required policies of insurance are written on a claims made basis, then such policies shall be maintained during the entire term of this Agreement and for a period of not less than […***…] three (3) years following the termination or expiration of this Agreement. Client shall obtain a waiver from any insurance carrier with whom Client carries Property Insurance releasing its subrogation rights against CatalentCardinal Health. Client shall not seek reimbursement for any property claim or portion thereof that is not fully recovered from Client’s Property Insurance policy. Client shall obtain a waiver from any insurance carrier with whom Client carries Workers’ Compensation insurance releasing its subrogation rights against CatalentCardinal Health. Catalent Pharma SolutionsCardinal Health, Inc. and its subsidiaries and Affiliates affiliates shall be named as additional insureds under the Products and Completed Operations Liability insurance policies with respect to the products and completed operations outlined in this Agreement. Client shall furnish certificates of insurance evidencing the required insurance policies and additional insured status to Catalent Cardinal Health as soon as practicable after the Effective Date effective date of the Agreement and within […***…] thirty (30) days after renewal of such policies, and such certificate shall provide that the insurer will give Catalent at least […***…] days’ written notice of any material change in or cancellation of such insurance. Each insurance policy that is required under this Agreement shall be obtained from an insurance carrier with an A.M. Best rating of at least A- VII.

Client Insurance. Prior to commercial launch of the Product, Client shall, at its own cost and expense, obtain and maintain in full force and effect the following insurance during the term of this Agreement: (A) Commercial General Liability insurance with per-occurrence limit of not less than […***…]$1,000,000; (B) Products and Completed Operations Liability Insurance with per-occurrence limit of not less than […***…]$5,000,000; (C) Workers’ ' Compensation and Employer’s 's Liability Insurance with statutory limits for Workers’ ' Compensation and Employer’s 's Liability insurance limits of not less than […***…] $1,000,000 per accident; and (D) All risk Risk Property Insurance, including transit coverage, in an amount equal to full replacement value covering Client’s 's property while it is at Catalent’s facilities the Facility or in transit to, from, or between Catalent’s 's facilities. The parties hereby acknowledge and agree that Client may self-insure all or any portion of the above-required insurance. Client shall maintain levels of insurance sufficient to meet its obligations under this Agreement. In the event that any of the required policies of insurance are written on a claims made basis, then such policies shall be maintained during the entire term of this Agreement and for a period of not less than […***…] three (3) years following the termination or expiration of this Agreement. Client shall obtain a waiver from any insurance carrier with whom Client carries Property Insurance releasing its subrogation rights against Catalent. Client shall not seek reimbursement for any property claim or portion thereof that is not fully recovered from Client’s 's Property Insurance policy. Client shall obtain a waiver from any insurance carrier with whom Client carries Workers’ ' Compensation insurance releasing its subrogation rights against Catalent. Catalent Pharma Solutions, Inc. Inc., and its subsidiaries and Affiliates shall be named as additional insureds under the Products and Completed Operations Liability insurance policies with respect to the products and completed operations outlined in this Agreement. Client shall furnish certificates of insurance evidencing the required insurance policies and additional insured status to Catalent as soon as practicable after the Effective Date of the Agreement and within PORTIONS OF THIS EXHIBIT WERE OMITTED AND HAVE BEEN FILED SEPARATELY WITH THE SECRETARY OF THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIAL TREATMENT UNDER RULE 406 OF THE SECURITIES ACT; […***…] days after renewal of such policies, and such certificate shall provide that the insurer will give Catalent at least […***…] days’ written notice of any material change in or cancellation of such insurance. Each insurance policy that is required under this Agreement shall be obtained from an insurance carrier with an A.M. Best rating of at least A- VIIDENOTES OMISSIONS.

Client Insurance. Prior to commercial launch of the Product, Client shall, at its own cost and expense, obtain and maintain in full force and effect the following insurance during the term of this Agreement: (A) Commercial General Liability insurance with per-occurrence limit of not less than […***…]$1,000,000; (B) Products and Completed Operations Liability Insurance with per-occurrence limit of not less than […***…]$5,000,000; (C) Workers’ Compensation and Employer’s Liability Insurance with statutory limits for Workers’ Compensation and Employer’s Liability insurance limits of not less than […***…] $1,000,000 per accident; and (D) All risk Risk Property Insurance, including transit coverage, in an amount equal to full replacement value covering Client’s property while it is at Catalent’s facilities the Facility or in transit to, from, or between Catalent’s facilities. The parties hereby acknowledge and agree that Client may self-insure all or any portion of the above-required insurance. Client shall maintain levels of insurance sufficient to meet its obligations under this Agreement. In the event that any of the required policies of insurance are written on a claims made basis, then such policies shall be maintained during the entire term of this Agreement and for a period of not less than […***…] three (3) years following the termination or expiration of this Agreement. Client shall obtain a waiver from any insurance carrier with whom Client carries Property Insurance releasing its subrogation rights against Catalent. Client shall not seek reimbursement for any property claim or portion thereof that is not fully recovered from Client’s Property Insurance policy. Client shall obtain a waiver from any insurance carrier with whom Client carries Workers’ Compensation insurance releasing its subrogation rights against Catalent. Catalent Pharma Solutions, Inc. Inc., and its subsidiaries and Affiliates shall be named as additional insureds under the Products and Completed Operations Liability insurance policies with respect to the products and completed operations outlined in this Agreement. Client shall furnish certificates of insurance evidencing the required insurance policies and additional insured status to Catalent as soon as practicable after the Effective Date effective date of the this Agreement and within […***…] thirty (30) days after renewal of such policies, and such certificate shall provide that the insurer will give Catalent at least […***…] days’ written notice of any material change in or cancellation of such insurance. Each insurance policy that is required under this Agreement Agreement, other than self-insurance, shall be obtained from an insurance carrier with an A.M. Best rating of at least A- VII.

Client Insurance. Client shallshall procure and maintain, from the Effective Date through the date that is one year after the expiration date of all Client Product Produced under this Agreement, commercial general liability insurance, including product liability and contractual liability coverage (the “Client Insurance”). The Client Insurance shall cover amounts not less than $*** per occurrence. Client shall provide certificates of such insurance to Xxxxxx upon request. If Client fails to furnish such certificates or endorsements, or if at any time during the Term Xxxxxx is notified of the cancellation or lapse of the Client Insurance, and Client fails to rectify the same within *** (***) days after notice from Althea, Althea, at its own cost and expenseoption, obtain and maintain in full force and effect the following insurance during the term of may CONFIDENTIAL TREATMENT HAS BEEN REQUESTED AS TO CERTAIN PORTIONS OF THIS DOCUMENT. EACH SUCH PORTION, WHICH HAS BEEN OMITTED HEREIN AND REPLACED WITH AN ASTERISK ***, HAS BEEN FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION. terminate this Agreement:. Any deductible and/or self-insurance retention shall be the sole responsibility of Client. Such insurance shall include (Aa) Workers Compensation & Employers Liability coverage providing statutory benefits in the state of operations for Client. (b) Commercial General Liability insurance with per-Insurance, including Product Liability and coverage, on an occurrence limit of basis, including Products Liability coverage in an amount not less than […$*** per Occurrence. The Commercial General Liability Insurance policy shall name Xxxxxx as an additional insured on a Primary and Non-Contributory basis. If the Products Liability coverage is provided on a Claims Made policy form, then notwithstanding anything to the contrary in the Agreement, the Products Liability coverage shall be maintained until *** (***…]; (B) Products and Completed Operations Liability Insurance with per-occurrence limit years after the expiration date of not less than […***…]; (C) Workers’ Compensation and Employer’s Liability Insurance with statutory limits for Workers’ Compensation and Employer’s Liability insurance limits of not less than […***…] per accident; and (D) All risk Property Insurance, including transit coverage, in an amount equal to full replacement value covering Client’s property while it any Product is at Catalent’s facilities or in transit to, from, or between Catalent’s facilities. Client shall maintain levels of insurance sufficient to meet its obligations Produced under this Agreement. In the event that any of the required policies of insurance are written on a claims made basis, then such policies shall be maintained during the entire term of this Agreement and for a period of not less than […***…] years following the termination or expiration of this Agreement. Client shall obtain a waiver from any insurance carrier with whom Client carries Property Insurance releasing its subrogation rights against Catalent. Client shall not seek reimbursement for any property claim or portion thereof that is not fully recovered from Client’s Property Insurance policy. Client shall obtain a waiver from any insurance carrier with whom Client carries Workers’ Compensation insurance releasing its subrogation rights against Catalent. Catalent Pharma Solutions, Inc. and its subsidiaries and Affiliates shall be named as additional insureds under the Products and Completed Operations Liability insurance policies with respect to the products and completed operations outlined in this Agreement. Client shall furnish certificates of insurance evidencing the required insurance policies and additional insured status to Catalent as soon as practicable after the Effective Date of the Agreement and within […***…] days after renewal of such policies, and such certificate shall provide that the insurer will give Catalent at least […***…] days’ written notice of any material change in or cancellation of such insurance. Each insurance policy that is required under this Agreement shall be obtained from an insurance carrier with an A.M. Best rating of at least A- VII.

Client Insurance. Client shall, at its own cost and expense, obtain and maintain in full force and effect the following insurance during the term of this Agreement: Term: (A) Commercial General Liability insurance Insurance with per-a per occurrence limit of not less than […***…an amount equivalent to $[ * ]; ; (B) Products and Completed Operations Liability Insurance (including coverage for Products used in clinical trials) with per-a per occurrence limit of not less than […***…an amount equivalent to $[ * ]; ; (C) Workers’ Workers Compensation and Employer’s Employers Liability Insurance with statutory limits for Workers’ Workers Compensation and Employer’s Employers Liability insurance limits of not less than […***…an amount equivalent to $[ * ] per accident; and and (D) All risk Risk Property Insurance, including transit coverage, in an amount equal to full replacement value covering Client’s property while it is at Catalent’s facilities [ * ]. The parties hereby acknowledge and agree that Client may self-insure all or in transit to, from, or between Catalent’s facilitiesany portion of the above-required insurance. Client shall maintain levels of insurance or self insurance sufficient to meet its obligations under this Agreement. In the event that any of the required policies of insurance are written on a claims made basis, then such policies shall be maintained during the entire term of this Agreement Term and for a period of not less than […***…[ * ] years following the expiration or termination or expiration of this Agreement. Client shall obtain a waiver from any insurance carrier with whom Client carries Property Insurance releasing its subrogation rights against Catalent. Client shall not seek reimbursement for any property claim or portion thereof that is not fully recovered from Client’s Property Insurance policy. Client shall obtain a waiver from any insurance carrier with whom Client carries Workers’ Compensation insurance releasing its subrogation rights against Catalent. Catalent Pharma Solutions, Inc. and its subsidiaries and Affiliates shall be named as additional insureds under the Products and Completed Operations Liability insurance policies with respect to the products and completed operations outlined in this Agreement. Client shall furnish certificates of insurance evidencing the required insurance policies and additional insured status to Catalent as soon as practicable after the Effective Date of the Agreement and within […***…[ * ] days after renewal of such policies, and such certificate shall provide that the insurer will give Catalent at least […***…] days’ written notice of any material change in or cancellation of such insurance. Each insurance policy that is required under this Agreement shall be obtained from an insurance carrier with an A.M. Best rating of at least A- VII.