Common use of Compensation and Employer Clause in Contracts

Compensation and Employer. s Liability with a limit of $1 million; and Professional Liability with a per claim limit of $1 million. Such insurance shall be primary and non-contributing to any insurance maintained by Rockwell and the insurers will give thirty (30) days prior written notice to Rockwell in the event of cancellation or material change in coverage. The Commercial General Liability, Automobile Liability, and Workers' Compensation coverages will each include a waiver of subrogation in favor of Rockwell. Seller shall include Rockwell as an additional insured on Commercial General Liability insurance. Insurers must be reasonably acceptable to Rockwell and possess minimum Best's rating of `A -` and be licensed to conduct business in all states in which Seller shall operate as part of this Agreement. Failure to obtain and maintain the required insurance shall be considered a material breach of contract.

Appears in 3 contracts

Samples: Support Services Agreement (Snap2 Corp), Support Services Agreement (Snap2 Corp), Support Services Agreement (Snap2 Corp)

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Compensation and Employer. s Liability with a limit of $1 million; and Professional Liability with a per claim limit of $1 million. Such insurance shall be primary and non-contributing to any insurance maintained by Rockwell and the insurers will give thirty (30) days prior written notice to Rockwell in the event of cancellation or material change in coverage. The Commercial General Liability, Automobile Liability, and Workers' Compensation coverages will each include a waiver of subrogation in favor of Rockwell. Seller shall include Rockwell as an additional insured on Commercial General Liability insurance. Insurers must be reasonably acceptable to Rockwell and possess minimum Best's rating of `A -` 'A-' and be licensed to conduct business in all states in which Seller shall operate as part of this Agreement. Failure to obtain and maintain the required insurance shall be considered a material breach of contract.

Appears in 1 contract

Samples: Support Services Agreement (Snap2 Corp)

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