Common use of Employers' Liability and/or Worker's compensation Insurance Clause in Contracts

Employers' Liability and/or Worker's compensation Insurance. covering the LRT Consultant’s legal liability towards its employees due to death and/or injury as a result of an accident or illness while or during the course of his work with a limit of liability of NIS 20,000,000 for an injured party, an event and in total for the entire annual period of insurance. For Worker's compensation, with limit of liability of USD 1,000,000. The aforesaid insurance is not subject to any restriction concerning hours of work, work at heights or at depths, sub-contractors and their employees, baits and poisons, as well as youth employment. The insurance is extended to indemnify the Company, should the Company be deemed the employer of all or any of the LRT Consultant’s employees. Period: as from until (hereinafter: “the Insurance Period”)

Employers' Liability and/or Worker's compensation Insurance. covering the LRT Consultant’s legal liability towards its employees due to death and/or injury as a result of an accident or illness while or during the course of his work with a limit of liability of NIS 20,000,000 USD 5,000,000 for an injured party, an event and in total for the entire annual period of insurance. For Worker's compensation, with limit of liability of USD 1,000,000. The aforesaid insurance is not subject to any restriction concerning hours of work, work at heights or at depths, sub-contractors and their employees, baits and poisons, as well as youth employment. The insurance is extended to indemnify the Company, should the Company be deemed the employer of all or any of the LRT Consultant’s employees. Period: as from until (hereinafter: “the Insurance Period”)