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Lessor's tenants, agents, employees, licensees or invitees on the <br />Property. <br />C. The Company shall defend, indemnify, and hold harmless Lessor from <br />any and all liability resulting from the Company operations hereunder <br />pursuant to all local, state and federal environmental laws, ordinances, <br />rules and regulations, including but not limited to, the Comprehensive <br />Environmental Response, Compensation and Liability Act of 1980 (42 <br />U.S.C. § 9601 et seq.) and the Resource Conservation and Recovery <br />Act (42 U.S.C. § 6901 et seq.), as any of such laws, ordinances, rules <br />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 <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 />e. The Company shall provide Lessor with evidence of Company's <br />financial ability to provide the indemnification set forth above. <br />8. 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 />5 <br />