Common use of Policy Cancellation Endorsement Clause in Contracts

Policy Cancellation Endorsement. Except for ten (10) days’ notice for non-payment of premium, each insurance policy shall be endorsed to specify that without thirty (30) days’ prior written notice to the Board, the policy shall not be canceled, non-renewed, or coverage and/or limits reduced or materially altered, and shall provide that notices required by this Paragraph shall be sent by certified mail to the address specified in ARTICLE X of this Agreement. A copy of this signed endorsement must be attached to this Schedule. Alternative Insurability. Notwithstanding the requirements of this Schedule, the Board reserves the right to consider reasonable alternative methods of insuring the contract in lieu of the insurance policies and/or bonds required. It will be Operator’s responsibility to recommend to the Board alternative methods of insuring the Agreement. Any alternatives proposed by Operator should be accompanied by a detailed explanation regarding Operator’s inability to obtain insurance coverage as described in this Agreement. The Board shall be the sole and final judge as to the adequacy of any substitute form of insurance coverage. SIGNATURE PAGE FOR SCHEDULE 2.08 GLO CONTRACT 22-009-000-C948 GENERAL LAND OFFICE AND VETERANS LAND BOARD MLCARES LLC Xxxx X. Xxxxxx, Chief Clerk/ Deputy Land Commissioner and Executive Secretary, VLB Date of execution: 12/30/2021 Date of execution: 12/28/2021 OGC CFO DD DGC GC REMAINDER OF PAGE INTENTIONALLY LEFT BLANK Schedule 3.02 GLO Contract No. 22-009-000-C948 1 Page LITIGATION There are no actions, suits, proceedings, claims or disputes pending, or to the best knowledge of Operator, threatened or contemplated, at law, in equity, in arbitration, or before any governmental authority, against Operator which purport to affect or pertain to the Veterans Home as of the date hereof, except as disclosed hereunder. None TEXAS GENERAL LAND OFFICE AND MLCARES LLC VETERANS LAND BOARD Xxxx X. Xxxxxx, Chief Clerk/ Deputy Land Commissioner and Veterans Land Board Date of execution:_12/30/2021 Date of execution: 12/28/2021 OGC DD DGC GC REMAINDER OF PAGE INTENTIONALLY LEFT BLANK

Policy Cancellation Endorsement. Except for ten (10) days’ notice for non-payment of premium, each insurance policy shall be endorsed to specify that without thirty (30) 30 days’ prior written notice to the BoardGLO, the policy shall not be canceled, non-renewed, or coverage and/or limits reduced or materially altered, and shall provide that notices required by this Paragraph paragraph shall be sent by certified mail to the address specified in ARTICLE X of this AgreementContract. A copy of this signed endorsement must be attached to this ScheduleContract. Revised 9/2/2016 Alternative Insurability. Notwithstanding the requirements of this ScheduleAttachment, the Board GLO reserves the right to consider reasonable alternative methods of insuring the contract in lieu of the insurance policies and/or bonds required. It will be OperatorProvider’s responsibility to recommend to the Board GLO alternative methods of insuring the AgreementContract. Any alternatives proposed by Operator Provider should be accompanied by a detailed explanation regarding OperatorProvider’s inability to obtain insurance coverage as described in this AgreementContract. The Board GLO shall be the sole and final judge as to the adequacy of any substitute form of insurance coverage. SIGNATURE PAGE FOR SCHEDULE 2.08 GLO CONTRACT 22-009-000-C948 GENERAL LAND OFFICE AND VETERANS LAND BOARD MLCARES LLC Xxxx X. XxxxxxInsurance Required: Commercial General Liability (Occurrence based) • Bodily Injury & Property Damage o $1 Million Each Occurrence o $2 Million Aggregate Limit • $5,000 Medical Expense Each Person • $1 Million Personal Injury and Advertising Liability • $2 Million Products / Completed Operations Aggregate Limit • $50,000 Damage to Premises Rented to You $1 Million CSL Automobile Insurance Statutory Workers’ Compensation & Employers Liability • $1 Million Each Accident • $1 Million Disease Each Employee • $1 Million Disease Policy Limit $500,000 Contractors Pollution Liability Insurance NOTE: Insurance certificates must be in the form approved by the Texas Attorney General, Chief Clerk/ Deputy Land Commissioner and Executive Secretary, VLB Date a sample of execution: 12/30/2021 Date of execution: 12/28/2021 OGC CFO DD DGC GC REMAINDER OF PAGE INTENTIONALLY LEFT BLANK Schedule 3.02 GLO Contract Nowhich follows this page. 22-009-000-C948 1 Page LITIGATION There are no actions, suits, proceedings, claims or disputes pending, or to the best knowledge of Operator, threatened or contemplated, at law, in equity, in arbitration, or before any governmental authority, against Operator which purport to affect or pertain to the Veterans Home as of the date hereof, except as disclosed hereunder. None TEXAS GENERAL LAND OFFICE AND MLCARES LLC VETERANS LAND BOARD Xxxx X. Xxxxxx, Chief Clerk/ Deputy Land Commissioner and Veterans Land Board Date of execution:_12/30/2021 Date of execution: 12/28/2021 OGC DD DGC GC REMAINDER OF PAGE INTENTIONALLY LEFT BLANKInsurance Certificates must:

Policy Cancellation Endorsement. Except for ten (10) days’ notice for non-payment of premium, each insurance policy shall be endorsed to specify that without thirty (30) 30 days’ prior written notice to the BoardGLO, the policy shall not be canceled, non-renewed, or coverage and/or limits reduced or materially altered, and shall provide that notices required by this Paragraph paragraph shall be sent by certified mail to the address specified in ARTICLE X of this AgreementContract. A copy of this signed endorsement must be attached to this ScheduleContract. Revised 9/2/2016 Alternative Insurability. Notwithstanding the requirements of this ScheduleAttachment, the Board GLO reserves the right to consider reasonable alternative methods of insuring the contract in lieu of the insurance policies and/or bonds required. It will be OperatorProvider’s responsibility to recommend to the Board GLO alternative methods of insuring the AgreementContract. Any alternatives proposed by Operator Provider should be accompanied by a detailed explanation regarding OperatorProvider’s inability to obtain insurance coverage as described in this AgreementContract. The Board GLO shall be the sole and final judge as to the adequacy of any substitute form of insurance coverage. SIGNATURE PAGE FOR SCHEDULE 2.08 GLO CONTRACT 22-009-000-C948 INSURANCE REQUIRED: COMMERCIAL GENERAL LAND OFFICE LIABILITY (OCCURRENCE BASED)  BODILY INJURY & PROPERTY DAMAGE o $1 MILLION EACH OCCURRENCE o $2 MILLION AGGREGATE LIMIT  $5,000 MEDICAL EXPENSE EACH PERSON  $1 MILLION PERSONAL INJURY AND VETERANS LAND BOARD MLCARES LLC Xxxx X. XxxxxxADVERTISING LIABILITY  $2 MILLION PRODUCTS / COMPLETED OPERATIONS AGGREGATE LIMIT  $50,000 DAMAGE TO PREMISES RENTED TO YOU $1 MILLION CSL AUTOMOBILE INSURANCE STATUTORY WORKERS’ COMPENSATION & EMPLOYERS LIABILITY  $1 MILLION EACH ACCIDENT  $1 MILLION DISEASE EACH EMPLOYEE  $1 MILLION DISEASE POLICY LIMIT $500,000 CONTRACTORS POLLUTION LIABILITY INSURANCE NOTE: Insurance certificates must be in the form approved by the Texas Attorney General, Chief Clerk/ Deputy Land Commissioner and Executive Secretary, VLB Date a sample of execution: 12/30/2021 Date of execution: 12/28/2021 OGC CFO DD DGC GC REMAINDER OF PAGE INTENTIONALLY LEFT BLANK Schedule 3.02 GLO Contract Nowhich follows this page. 22-009-000-C948 1 Page LITIGATION There are no actions, suits, proceedings, claims or disputes pending, or to the best knowledge of Operator, threatened or contemplated, at law, in equity, in arbitration, or before any governmental authority, against Operator which purport to affect or pertain to the Veterans Home as of the date hereof, except as disclosed hereunder. None TEXAS GENERAL LAND OFFICE AND MLCARES LLC VETERANS LAND BOARD Xxxx X. Xxxxxx, Chief Clerk/ Deputy Land Commissioner and Veterans Land Board Date of execution:_12/30/2021 Date of execution: 12/28/2021 OGC DD DGC GC REMAINDER OF PAGE INTENTIONALLY LEFT BLANKInsurance Certificates must:

Policy Cancellation Endorsement. Except for ten (10) days’ notice for non-payment of premium, each insurance policy shall be endorsed to specify that without thirty (30) 30 days’ prior written notice to the BoardGLO, the policy shall not be canceled, non-renewed, or coverage and/or limits reduced or materially altered, and shall provide that notices required by this Paragraph paragraph shall be sent by certified mail to the address specified in ARTICLE X of this AgreementContract. A copy of this signed endorsement must be attached to this ScheduleContract. Revised 9/2/2016 Alternative Insurability. Notwithstanding the requirements of this ScheduleAttachment, the Board GLO reserves the right to consider reasonable alternative methods of insuring the contract in lieu of the insurance policies and/or bonds required. It will be OperatorProvider’s responsibility to recommend to the Board GLO alternative methods of insuring the AgreementContract. Any alternatives proposed by Operator Provider should be accompanied by a detailed explanation regarding OperatorProvider’s inability to obtain insurance coverage as described in this AgreementContract. The Board GLO shall be the sole and final judge as to the adequacy of any substitute form of insurance coverage. SIGNATURE PAGE FOR SCHEDULE 2.08 GLO CONTRACT 22-009-000-C948 INSURANCE REQUIRED: COMMERCIAL GENERAL LAND OFFICE LIABILITY (OCCURRENCE BASED)  BODILY INJURY & PROPERTY DAMAGE o $1 MILLION EACH OCCURRENCE o $2 MILLION AGGREGATE LIMIT  $5,000 MEDICAL EXPENSE EACH PERSON  $1 MILLION PERSONAL INJURY AND VETERANS LAND BOARD MLCARES LLC Xxxx X. XxxxxxADVERTISING LIABILITY  $2 MILLION PRODUCTS / COMPLETED OPERATIONS AGGREGATE LIMIT  $50,000 DAMAGE TO PREMISES RENTED TO YOU $1 MILLION CSL AUTOMOBILE INSURANCE STATUTORY WORKERS’ COMPENSATION & EMPLOYERS LIABILITY  $1 MILLION EACH ACCIDENT  $1 MILLION DISEASE EACH EMPLOYEE  $1 MILLION DISEASE POLICY LIMIT NOTE: Insurance certificates must be in the form approved by the Texas Attorney General, Chief Clerk/ Deputy Land Commissioner and Executive Secretary, VLB Date a sample of execution: 12/30/2021 Date of execution: 12/28/2021 OGC CFO DD DGC GC REMAINDER OF PAGE INTENTIONALLY LEFT BLANK Schedule 3.02 GLO Contract Nowhich follows this page. 22-009-000-C948 1 Page LITIGATION There are no actions, suits, proceedings, claims or disputes pending, or to the best knowledge of Operator, threatened or contemplated, at law, in equity, in arbitration, or before any governmental authority, against Operator which purport to affect or pertain to the Veterans Home as of the date hereof, except as disclosed hereunder. None TEXAS GENERAL LAND OFFICE AND MLCARES LLC VETERANS LAND BOARD Xxxx X. Xxxxxx, Chief Clerk/ Deputy Land Commissioner and Veterans Land Board Date of execution:_12/30/2021 Date of execution: 12/28/2021 OGC DD DGC GC REMAINDER OF PAGE INTENTIONALLY LEFT BLANKInsurance Certificates must: