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Project until Final Completion of the Work for the following types of insurance in the amounts <br />listed: <br />i. Worker's Compensation Insurance with limits for Coverage A Statutory - State of <br />North Carolina and Coverage B Employers Liability $500,000 each accident and <br />policy limit and disease each employee. <br />ii. Comprehensive General Liability and Property Damage Insurance ($500,000 Each <br />Occurrence; $1,000,000 Aggregate). <br />iii. Contractual Liability (Bodily Injury and Property Damage $500,000 Each Occurrence; <br />Property Damage $1,000,000 Aggregate). <br />iv. Personal Injury, with Employment Exclusion deleted ($1,000,000 Aggregate). <br />v. Comprehensive Automobile Liability Insurance (Bodily Injury $100,000 Each <br />Person/Each Accident, $300,000 Each Occurrence; Property Damage $100,000 Each <br />Occurrence). <br />b. Additional Insured - The Owner shall be named as additional insured on all forms of <br />insurance except Worker's Compensation. Each certificate of insurance and policy required <br />hereunder, except the worker's compensation policy, shall bear the provision that "The policy <br />cannot be canceled or reduced in amount and that coverage cannot be eliminated in less than <br />thirty (30) days after mailing written notice to the Owner of such alteration, cancellation, or <br />elimination, the written notice to be sent by Certified Mail." <br />c. Performance Bonds - Contractor shall furnish bonds covering the faithful performance of the <br />Contract and payment of all obligations arising under any of the Contract Documents or related <br />in any way to the Work. Contractor shall immediately furnish a copy of such bonds to any <br />requesting person who appears to be a potential beneficiary of bonds covering payment <br />obligations arising under any of the Contract Documents. This subsection 6(c) applies only to <br />Contracts of fifty thousand dollars ($50,000.00) or more where the total cost for the project is <br />three hundred thousand dollars ($300,000.00) or more. <br />7. INDEMNITY <br />a. The Contractor shall indemnify and hold harmless to the extent permitted by law the Owner <br />and its agents and employees from and against any and all claims, damages, losses and <br />expenses, including attorney's fees, arising out of or resulting from the performance or <br />nonperformance of the Work, provided that any such claim, damages, loss or expense (A) is <br />attributable to bodily injury, sickness, disease or death or injury to, or destruction of, property, <br />including the loss of use resulting therefrom; and (B) is caused in whole or in part by any <br />breach of any provision of the Agreement or by any negligent or wrongful act or omission of <br />the Contractor, any Subcontractor, or supplier of the Contractor, anyone directly or indirectly <br />employed by any of them or anyone for whose acts any of them may be liable. The <br />indemnification obligation under this paragraph shall not be limited in any way by any <br />limitation of the amount or type of damages, compensation or benefits payable by or for the <br />Contractor or any subcontractor under workers' compensation acts, disability benefits acts or <br />other employee benefit acts. <br />b. The Contractor shall indemnify and hold harmless Owner from any lien of whatever type <br />through the purchase of appropriate bonds and insurance as designated in Section 6 above. In <br />Revised November 2011 4 <br />