Common use of INSURANCE PROCUREMENT Clause in Contracts

INSURANCE PROCUREMENT. Shareholder shall obtain and maintain at all times during the term of this agreement, at its sole cost and expense, personal liability insurance with a minimum limit of $1,000,000. Shareholder shall, by specific endorsements cause Corporation and Managing Agent to be named as additional insureds. Shareholder shall, by specific endorsement, cause the coverage afforded to the additional insureds thereunder to be primary to and not concurrent with other valid and collectible insurance available to the additional insureds. If the terms of this Agreement directly conflict with any other written agreements between the parties, the term contained in this Agreement shall supersede in that instance. Corporation: Managing Agent: Shareholder: Signature: Signature: Signature: Name: Name: Name: Date: Date: Date: CONTRACTOR’S INDEMNIFICATION & INSURANCE AGREEMENT Whereas (“Contractor”) is and will be performing certain work for (“Shareholder”) at (“Corporation”) located at , managed by (“Managing Agent”), pursuant to oral and/or written agreements and/or Purchase Orders, and/or the contract/proposal dated , now therefore, as to all such work, Contractor, Shareholder, Corporation, and Managing Agent agree as follows:

Appears in 6 contracts

Samples: Insurance Agreement, Insurance Agreement, Insurance Agreement

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