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CHEVRON EMC 9258420213 03/04 '04 15:50 N0.104 05190 <br /> nuUOt! 01MAKn t[uyl M-115VN0. 9160 6210No•2273 P- ,5 05 <br /> Whom it employs in cur.-fag out its activities on the Property; azo(ii) <br /> COMMetcial General Liability lnsuranoe cm an"oeovrrenca,basis,with <br /> dLO <br /> ductibles rcaaaaably acceptable to Owner,with a combined single limit for <br /> d"Y iWury and PrOPeOY damage of Dot less thaw Two Million and No/100 <br /> Donwv($2,000'000); "(iii)xulomobilc liability im"ance,includLng oovamgc <br /> for all owned, hired and non-owned automobiles,with not leas dean Two Million <br /> =4 N01104 DOVArs ($2,000,000),combined side mit each oeatll°lCtaC�for <br /> miury and property damage, <br /> (b) Those eutitics amd pcmn.s named below dWi be inclu&d as an add!Y cel <br /> insured under the coverage specified above with the followingprovi.sXons <br /> included within each applicable policy or=andomsemaat to the policy, a certified <br /> dopy of which shall be&livered to Owner prior to entry onto the Property. <br /> Cover a afforded by flit®PoUcy shall also apply to Owner, <br /> and each Of its and tear members, managers Bud affiliates and <br /> all Of tbefr respective officers,directors,slaamholdera, and <br /> employees and all of their respective salocessors and assigns,as <br /> additional insureds,but eddy with ra peat to legal liability or <br /> claims caused by, arising out of or resulting from the acts or <br /> amiaeima of the named insured Or others performing acts on <br /> belalf of the named insured. <br /> (c) Each insurance policy shall: (i)except as Otherwise approved in writing by <br /> Owner,be issued by insurance carriers licensed and approved,to do business in <br /> California,having a general policyholders rating of not loss than an"'A" and <br /> :5rmciel rating of not less than "'VIII"in the tnost current Best's insurwce' <br /> Report; (ii)coat"a a provision that the policy shsll not be subject to material <br /> a.lteaEtion to the dets°iment of Owner or ChevronTexaco Agent or canuell.ation <br /> without at laatst thirty(30) days'prior written rz ice being given to Owxzr*Dy <br /> reliatered tail;(ii})provide that sucb policy or policies and the coverage <br /> evidtwed thereby are primary and stay insurance maintained by the additional <br /> ins=ds is a toncontribtrting with such primary coverage; and(iv)contain <br /> severability of interul and cross liability clauses. <br /> (d) ChemaTexacc shall cause 311 ChevrOnTexaco Agents tO waive all rlg�ats <br /> agairfst Owner and the othaw 3"tional iatsureds for damages caused bye fug and <br /> OOM perils and any other risk to the extent covered by ChevroaTeomco Ager:.ts, <br /> Policies of imufance or requin d to be covered by Che-yronT"exaoo Agents' <br /> Policies of insurance as set forth above. <br /> (aB Notting contained in these insur=0C requirements is to be constnmd 3s <br /> lacraiting tlae type, quality or q=tity of imurawe ChevronTexaco Agents should <br /> maintain or the extent of ChevronTexaco Agents' responsibility for psymx�etat of <br /> damages resulting twin its operatic=,. <br /> Sits Accts Agmimnr <br /> a ya Page 4 of 9 <br /> 2098361759 => CHEVRON EMC ,TELT9258420213 03/04'04 11.53 <br />