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c.The foregoing indemnifications shall all survive the termination of this <br />Lease. The indemnity provisions set forth in this Lease shall apply to <br />amounts paid in settlement of a claim by an indemnified party only if <br />such settlement is approved by the indemnifying party, which approval <br />shall not be unreasonably withheld and shall include any and all legal <br />fees, costs and expert witness fees incurred by the party being <br />indemnified. <br />9.Insurance. <br />a.The Company shall maintain at its sole expense and at all times <br />statutory Workers Compensation Insurance coverage as required under <br />the laws and regulations of the State of Colorado for all its officers and <br />employees who perform work for the Company hereunder. <br />b.The Company shall purchase, at its sole expense, and shall maintain at <br />all times the following minimum insurance protection with Lessor <br />designated as an additional insured providing for written notice to <br />Lessor thirty (30) days prior to cancellation. Company shall provide <br />Lessor with a certificate of such insurance annually. <br />i. Comprehensive General Liability in the amount of$1,000,000 <br />combined single limit; <br />ii. Employer's Liability Insurance in the amount of$500,000 each <br />occurrence; <br />iii. Automobile Liability Insurance in the amount of$1,000,000 <br />combined single limit; and <br />iv. Adequate and reasonable insurance for other risks ordinarily <br />insured against in similar operations. <br />c.The Company agrees that it shall require all contractors and <br />subcontractors who perform work on the Company's behalf in <br />connection with the Property to have similar and adequate insurance in <br />full force and effect. <br />10. Title and Other Conditions. <br />a.Lessor warrants that Lessor owns the surface estate and the materials <br />within the Property subject to easements. restrictions and reservations <br />of record or in use, and Lessor agrees to defend said title against all <br />adverse claims. <br />b. The Company has accepted Lessor's title as marketable. to the best of <br />its knowledge, as of the date of this Lease. If subsequent thereto the <br />Company determines that Lessor's title to the Property and Materials <br />is not good and marketable, the Company shall so notify Lessor in <br />6 <br />Lessor Initials 1 <br />Lessee Initials