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10. Liabilities. <br />A, The Company shall defend, indemnify and hold harmless Lessor from and <br />against any and all claims, demands, judgments, and liability, including reasonable attorneys fees <br />and expert fees, by or to any and all third parties resulting from the negligent acts or omissions of <br />the Company or its agents, representatives, officers, employees, lessees and contractors in, on or <br />about the Property. <br />B. Lessor shall defend and indemnify and hold harmless the Company and <br />the Company's agents and employees from and against any and all claims, demands, judgments <br />and liability, including reasonable attorneys fees and expert fees, by or to any and all third parties <br />in any way related or connected to the use or operations of Lessor on the Property while this <br />Lease is in effect, or the presence of Lessor or Lessor's agents, employees, licensees or invitees <br />on the Property. <br />C. The Company shall defend, indemnify, and hold harmless Lessor from any <br />and all liability, claims, demands, judgments, and expenses (including reasonable attorney and <br />expert fees) resulting from its operations hereunder pursuant to all local, state and federal <br />environmental laws, ordinances, rules and regulations, including but not limited to, the <br />Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (42 U.S.C. <br />§ 9601 et seq.) and the Resource Conservation and Recovery Act (42 U.S.C. § 6901 et seq.), as <br />any of such laws, ordinances, rules and regulations have been or are amended from time to time. <br />D. The foregoing indemnifications shall all survive the termination of this <br />Lease. The indemnity provisions set forth in this Lease shall apply to amounts paid in settlement <br />of a claim by an indemnified party only if such settlement is approved by the indemnifying party, <br />which approval shall not be unreasonably withheld. <br />11. Insurance. <br />A. The Company shall maintain at it sole expense and at all times statutory <br />Worker's Compensation and Occupational Disease Disability Insurance coverage as required <br />under the laws and regulations of the State of Colorado for all its employees who perform work <br />for the Company hereunder on the Property. <br />B. The Company shall purchase, at its sole expense, and shall maintain at all <br />times the following minimum insurance protection. <br />i. Comprehensive General Liability and Property Damage Insurance in the <br />amount of $1,000,000 combined single limit; <br />ii. Employer's Liability Insurance in the amount of $100,000 each <br />occurrence; <br />iii. Automobile Liability Insurance in the amount of $1,000,000 combined <br />single limit; and <br />-6-