2026-01-28 Response from the Landowner; Deed; Contract Agreement

Home

Docusign Envelope ID: FD616E7E-3155-4C4C-A06A-ACFDO1 F6FF28 EXHIBIT A INSURANCE PROVISIONS The terms in this Exhibit A written with initial capital letters are defined terms, all of which are set forth in the Location Agreement to which this Exhibit A is attached (the Agreement"). . At all times during the term of the Agreement, Producer shall purchase and maintain, at Producer's sole expense, commercial general liability commercial automobile liability, and workers' compensation and employers liability insurance with all of the coverages and requirements detailed herein below. The policy shall be written by an insurer with a rating by A.M. Best Company, Inc. of A/VII better. The insurance shall be written on an "occurrence" form covering the use and occupancy of the Property and all operations of Producer including 1 Premises Operations; 2. Independent Contractors; 3. Products Completed Operations; 4. Blanket Contractual Liability; 5 Personal and Advertising Injury; . Fire Legal Liability; and 7. Employees Names as Additional Insureds. The insurance shall be written on an Insurance Services Offices, Inc ("ISO ) Commercial General Liability Policy form or its equivalent. At the request of Hokukano Ranch, Inc. ("Owner"), Producer shall deliver a certificate of insurance therefore. Each of such policies shall name the Owner as an additional insured. Owner shall be provided ten (10) days written notice of cancellation for any reason including nonpayment of premium, coverage reduction, termination, non- renewal or material change in the coverage, scope or amount of the policy, and ten (10) days written notice prior to lapse which shall be delivered to the Owner by the insurer Coverage limits shall not be less than the following: Commercial General Liability - $2,000,000 combined single limit bodily injury and property damage per occurrence, subject to $2,000 000 general aggregate per policy year; $2,000,000 products and completed operations aggregate per policy year; Personal and Advertising Injury — $2,000,000 per person/organization per policy year, subject to $2,000,000 general aggregate per policy year; Commercial Automobile Liability- $2,000,000 combined single limited bodily injury and property damage per accident and annual aggregate; Aircraft Liability — $2,000 000 per occurrence subject to $2 000,000 general aggregate per policy year; Workers Compensation and Employer's Liability - statutory limits required by applicable laws; Fire Legal Liability — $250,000 per fire; or such greater limits as Owner may reasonably determine. If the limits of available liability coverage become substantially reduced as a result of claim payments Producer shall immediately at its own expense purchase additional liability insurance to increase the amount of available coverage to the limits of liability coverage required by the Agreement The Owner makes no representation or warranty that the limits of liability specified to be carried by Producer under the terms of the Agreement are adequate to protect Producer against the risks required to be insured hereunder or otherwise. If Producer believes that any such insurance coverages required by the terms of the Agreement is insufficient Producer acknowledges that Producer may, at its own expense, provide such additional insurance as Producer deems appropriate A. Producer, for itself and its owners, affiliates partners employees, successors and assigns, hereby waives and releases any and all claims against the Owner and its employees, agents successors successors in trust and assigns, arising out of or related to Producer's occupancy and/or use of the Property, or any associated equipment, 9 3124861_1