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f ~J. . ~ • <br />' Chevron <br />Chevron Corporation <br />One Sansome Street, Suite 904, San Francisco, California <br />Mail Address. P.G. Bez 7141, San Frercuco. CA 941267141 <br />TWX No.: 9103727340 CHEVCOAP SFO <br />Treasurers Department <br />Insurance Division <br />E. J. Kettel <br />Austant Treasurer <br />S. Sherman <br />Assistant General Maneper <br />H. D. Millar <br />flak Management <br />D. V. Barksdale <br />Corporate Rograms <br />E. C. Fey, Jr. <br />Claims <br />February 21, 1986 <br />Contract Between Department of <br />Natural Resources, Colorado and <br />Gulf Oil Corporation/Gulf Oil Subsidiaries <br />Department of Natural Resources <br />1313 Sherman Street <br />Denver, Colorado 80203 <br />Gentlemen: <br />Chevron Corporation and its subsidiaries are covered for property and <br />liability exposures through major worldwide insurance programs with <br />large deductibles. Losses that fall within these deductible levels, <br />including those for which we are contractually liable, are covered <br />by the financial resources of the Company and are administered under <br />our Self-Administered Claims Program, hereinafter referred to as the <br />Program. <br />This is to advise you that the property/liability insurance requirements <br />of the subject contracts), which were previously evidenced by the <br />attached Certificates), fall within the deductible levels of Chevron's <br />insurance programs and hence, are covered under the above-described <br />Program. The scope of coverage under the Program is equal to the <br />insurance requirements of the subject contract. <br />As it relates to you, this evidence of coverage applies to the following: <br />Coal mining ~ reclamation operations, particularly as they relate <br />to P&M Coal's Edna mine. <br />We further advise you that the Company's Worker's Compensation insurance <br />requirements are satisfied through insured/self-insured programs, <br />depending upon the location of the employee's workplace. U.S. <br />Longshoremen's and Harbor Worker's Act coverage is self-insured. <br />Unless cancelled earlier, this letter will remain in effect until the <br />expiration or earlier termination of the subject contract for any renewal <br />thereof). If this Program is cancelled or materially changed, we will <br />provide you with 30 days' prior written notice. <br />Yours truly, <br />HDM:gfs <br />Attachment <br />/~ ~-~d- <br />