Deed - 2420-2424 Merced St - File 1356, 2002

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EXHIBIT E INSURANCE REQUIREMENTS FOR OWNER PARTICIPATION AGREEMENT SAN LEANDRO REDEVELOPMENT AGENCY The Participant shall procure and maintain for the duration of construction and improvement work on the Site and within public right-of-way insurance against claims for injuries to persons or damages to property which may arise from or in connection with the license held by the Participant, his agents, representatives, employees or subcontractors. Minimum Scope of Insurance. Coverage shall be at least as broad as: A. Insurance Services Office form number GL 0002 (ed. 1173) covering Comprehensive General liability and Insurance Services Office for number GL 0404 covering Broad Form Comprehensive General Liability; or Insurance Services Office Commercial General Liability coverage ("occurrence" form CG 0001.) 2. Minimum Limits of Insurance. The Participant shall maintain limits no less than: A. General Liability: $1,000,000 combined single limit per occurrence for bodily injury, personal injury and property damage. If aggregate limit is used, either the general aggregate limit shall apply separately to this project and location or the general aggregate limit shall be twice the required occurrence limit. 3. Deductibles and Self -Insured Retentions. Any deductibles or self -insured retentions must be declared to and approved by the Agency. At the option of the Agency, either the insurer shall reduce or eliminate such deductibles or self -insured retentions as respects the Agency, its officers, officials, employees, and volunteers; or the Participant shall procure a bond to guarantee payment of losses and related investigations, claim administration and defense expenses. 4. Other Insurance Provisions. The policies are to contain, or be endorsed to contain, the following provisions: A. General Liability Coverages. i. The Agency, its officers, officials, employees and volunteers are to be covered as insureds as respects: liability arising out of activities performed by or on behalf of the Participant; premises owned, occupied or used by the Licensee. The coverage shall contain no special limitations on the scope of the protection afforded to the Agency, its officers, officials, employees or volunteers. ii. The Participant's insurance shall be primary insurance as respects the Agency, its officers, officials, employees and volunteers. Any insurance or self-insurance maintained by the Agency, its officers, officials, employees or volunteers shall be excess of the Participant insurance and shall not contribute with it. iii. Any failure to comply with reporting provisions of the policies shall not affect coverage provided to the Agency, its officers, officials, employees or volunteers. iv. The Participant's insurance shall apply separately to each insured against whom claim is made or suit is brought, except with respect to the limits of the insurer's liability.