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DOLLARS ($5,000,000)per year(which may be included under an umbrella policy for such amount), except as otherwise approved by the Community Development Director in consultation with County's risk manager, commensurate with the nature of the activities with respect to the Property and the risks being insured against. The parties shall mutually review the insurance limits hereunder on the fifth(5th) and each succeeding five (5) year anniversary of the Term of this Agreement, and upon the granting of an extension of the Term of this Agreement, with the objective that such insurance limits shall be adjusted at such times to conform to then prevailing County standards. Each policy of insurance hereunder shall name the County as an additional insured, and shall provide for blanket contractual liability coverage. 6.4.2. Workers' Compensation Insurance. Developer shall also provide,or cause to be provided, during periods when development and/or construction is actually occurring on the Property, Workers" Compensation insurance as required by law,together with a contingent employer's liability endorsement in favor of County, covering employees of Developer and employees of any contractor, subcontractor, agent or representative of Developer. 6.4.3. General Requirements for Insurance. Each policy of insurance carried by Developer hereunder shall provide that it may not be cancelled without at least thirty(30) days" prior written notice to County. Developer shall furnish to County a copy of each policy of insurance carred hereunder, or a certificate thereof, stating that such insurance is in full force and effect and, in the case of the public liability insurance, showing County named as an additional insured. Any insurance required to be maintained by Developer hereunder may be maintained under a so-called""blanket policy,"" insuring other parties and other locations, so long as the amount of insurance required to be provided hereunder is not thereby diminished. 6.4.4. Mutual Release. Each Party, for itself and to the extent it is legally permissible for it to do so, and without affecting the coverage provided by insurance required to be maintained by Developer hereunder, on behalf of its insurer hereby releases and waives any right to recover against the other Party from any liability for(i) damages for injury to or death of Persons, (ii) any loss or damage to property, (iii) any loss or damage to buildings or other improvements, or(iv) claims arising by reason of any of the foregoing, to the extent that such damages and/or claims under(i)through(iv) are covered(and only to the extent of such coverage)by insurance actually carried by each Party, irrespective of any negligence on the part of such Party which may have contributed to such loss or damage. The provisions of this subsection 6.4.4 are intended to restrict each Party(as permitted by law) to recovery for loss or damage against insurance carriers to the extent of such coverage, and waive fully, and for the benefit of the other Party, any rights and/or claims which might give rise to a right of subrogation in any such insurance carrier. 6.5. No Supercedure. The provisions of Sections 6.1. through 6.4 shall not supersede and shall be in addition to any requirements contained in any of the Existing Approvals or otherwise imposed pursuant to the Existing Approvals, Reserved Discretionary Approvals, Ordinances or this Agreement;provided that such insurance need not be duplicate of other insurance meeting the requirements of Sections 6.1. through 6.4. W02-SFIM61481145.2 -50-