Exploration Activities. (a) Vista shall conduct all exploration and related activities on the Premises in a good and workmanlike manner and in accordance with accepted industry practices. All decisions with respect to the exploration of the Premises shall be made by Vista in its sole discretion. (b) Vista shall comply with all valid state, federal, state and local laws and regulations governing its activities on the Premises. If this Agreement is inconsistent with or contrary to any law or regulation, the law or regulation shall control and this Agreement shall be deemed to be modified accordingly. (c) Except as provided for in Section 5.4 (INSPECTION), Vista shall hold Owner harmless for all claims, loss, liability, liens or expense of any kind arising from or related to its activities on the Premises, excepting therefrom such claims or liability caused by the negligence or willful misconduct of Owner, its agents or employees. Vista agrees to indemnify Owner against any such claims or liability, including all costs and reasonable attorney's fees incurred by Owner in defending against such claim or liability.
Appears in 2 contracts
Sources: Option to Purchase Agreement (Vista Gold Corp), Option to Purchase Agreement (Vista Gold Corp)