Common use of Contractor’s Equipment Insurance Clause in Contracts

Contractor’s Equipment Insurance. Contractor shall provide and maintain insurance, or shall self-insure, against loss or damage to all construction equipment, whether owned or leased by Contractor, which is utilized by Contractor to perform the Services and which is not permanently incorporated in the Project. Contractor waives any claim against the Indemnified Parties for loss or damage to such equipment. Contractor shall include a similar requirement in its subcontracts, and shall require its Lower-Tier Subcontractors to provide such a claim waiver for the benefit of Contractor and the Indemnified Parties. This Statement of Work number (“SOW”) shall be incorporated into the Agreement dated , 20 (the “Agreement”) between EnviroSpark Energy Solutions, LLC (“EnviroSpark”), and (“Contractor”). Capitalized terms used in this SOW, which are not otherwise defined in this SOW, shall have the respective meanings assigned to them in the Agreement. Contractor will provide the following Services: [detailed description of Services] This SOW covers work commencing on or about , 20 _ and ending on , 20 _. The fees for the Services shall be the following fixed fees: [specify fixed fee] Without prejudice to any other rights or remedies available to EnviroSpark under the Agreement of which this SOW forms a part, EnviroSpark may deduct from the foregoing fixed fees ten percent (10%) of the outstanding balance for each week of delay in completion of the Services after the Services ending date specified above.

Contractor’s Equipment Insurance. Contractor shall provide and maintain insurance, or shall self-insure, against loss or damage to all construction equipment, whether owned or leased by Contractor, which is utilized by Contractor to perform the Services and which is not permanently incorporated in the Project. Contractor waives any claim against the Indemnified Parties for loss or damage to such equipment. Contractor shall include a similar requirement in its subcontracts, and shall require its Lower-Tier Subcontractors to provide such a claim waiver for the benefit of Contractor and the Indemnified Parties. This Statement of Work number (“SOW”) shall be incorporated into the Agreement dated , 20 (the “Agreement”) between EnviroSpark Energy Solutions, LLC Inc. (“EnviroSpark”), and (“Contractor”). Capitalized terms used in this SOW, which are not otherwise defined in this SOW, shall have the respective meanings assigned to them in the Agreement. Contractor will provide the following Services: [detailed description of Services] This SOW covers work commencing on or about , 20 _ and ending on , 20 _. The fees for the Services shall be the following fixed fees: [specify fixed fee] Without prejudice to any other rights or remedies available to EnviroSpark under the Agreement of which this SOW forms a part, EnviroSpark may deduct from the foregoing fixed fees ten percent (10%) of the outstanding balance for each week of delay in completion of the Services after the Services ending date specified above.