_GENERAL DOCUMENTS - C1981017 (155)

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-3- 7. Contractor shall secure, or cause anyone entering upon the premises at its request to secure, before commencing and shall maintain or cause to be maintained during the performance of the Work : (a) Comprehensive General Liability Insurance, which includes operations & premises coverage, products/completed operation coverage, contractual liability coverage, all on I n occurence basis, all with combined single limit of liability of $1 ,000,000.00; (b) Statutory Workmen's Compensation and Occupational Disease Disability Insurance; (c) Employers ' Liability Insurance with limits of $500,000.00 each occurrence; (d) Automobile Insurance with a combined single limit of liability of $1 ,000,000.00. Prior to commencing work, Contractor shall also furnish to Mid-Continent Resources, Inc. evidence of the foregoing insurance coverage in the form of Certificates of Insurance. A? 1 such insurance shall be underwritten by an insurance company a::ceptable to Mid-Continent Resources , Inc.. 8. The duties and obligations of Contractor in Sections 2 through 7 above are enforceable only against Contractor and not Colorado. 9. Colorado guarantees that the work will be designed and engineered in accordance with professional standards generally prevailing in Colorado. 10. All the covenants and agreements of Contractor contained in this Agreement shall inure to the benefit of the successors and assigns of Mid-Continent Resources, Inc.. 11 . This Agreement shall be effective for the period of time necessary for Colorado and Contractor to effect the Work, but in no event shall the permission for entry extend beyond 24 months after the date of this Agreement unless Mid-Continent Resources, Inc. has specifically agreed to an extension in writing. 12. The performance of the said reclamation activities upon the said lands shall in no way preclude or restrict Mid-Continent Resources, Inc. , its successors or assigns from utilizing the said lands for the purpose of investigating, prospecting, exploring, developing, mining, operating for, producing, consuming, transporting and marketing all grades and types of coal or any other type of mineral situated and lying or being in, under or upon the said lands by any method or methods deemed desira: le by Mid-Continent Resources, Inc. , his successors or assigns, whether the same be now or hereafter known, expressly including, but not limited to, mining by strip, open pit, underground, auger, solution, and in-situ combustion methods.