Agmt 2003 California Conservatory Theater of SL

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California Conservatory Theatre Page 5 of 12 2003-2008 Lease Public Liability and Property Damage. The Lessee shall take out and maintain in the name of the Lessee and the City during the life of the lease such Public Liability Insurance as shall protect itself, the City, its officials, officers, directors, employees, and agents from claims which may arise from operations under the lease; whether such operations be by itself; by the City, its officials, officers, directors, employees, and agents; by any sublessees; or by anyone directly or indirectly employed by either of them. This liability insurance shall include, but shall not be limited to, protection against claims arising from bodily and personal injury and damage to property resulting from the Lessee's or City's operations, use of owned or non-owned automobiles, products, and completed operations. The amounts of insurance shall not be less than the following: Single limit coverage applying to bodily and personal injury liability and property damage: $1,000,000. The following endorsements must be attached to the policy: (1) If the insurance policy covers on an "accident" basis, it must be changed to "occurrence." (2) The policy must cover personal injury, as well as bodily injury. (3) The policy must cover complete contractual liability. Exclusions of contractual liability as to bodily injuries, personal injuries, and property damage must be eliminated for the basic policy endorsements. (4) Broad form property damage liability must be afforded. Permission is granted for a deductible that shall not exceed $500 without special approval of the City. (5) The City must be named as a named insured under the coverage afforded with respect to the work being performed under this sublease. (6) An endorsement shall be provided which states that the coverage is primary insurance and that no other insurance affected by the City will be called upon to contribute to a loss under this coverage. (7) Standard form ofcross-liability. (8) Forty-five (45) days notice of cancellation. A certificate evidencing such insurance coverage shall be filed with City prior to entry upon the Premises. 17. WORKERS' COMPENSATION INSURANCE. Lessee shall maintain in force during the term of this lease, in an amount and with