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effect a policy or policies of Workers Compensation insurance, with coverage not less thin the mEnn- imnm required by the State of California. D. Each insurance policy (and certificate thereof) obtained by Tennant pursuant to this lease shall contain a clause that the insurer will provide Owner and Men s designee(s) with'at least 30 days prior written notice of any material change, nonrerecaal or cancellation of the policy. Each such insurance policy shall be with an insurance copy authorized to do business in the State of Cali- fornia and rated not less than Best's Financial Class X and Best's Policyholder Rating B+. A cer- tificate_(on the standard ACORD form and issued by an authorized representative of the insurer) evidencing g the coverage under each such policy, as well as a certified copy of the aforementioned additional insured lessor endorsement, shall be delivered to Omer and Owner's designee(s) prior to commencement of the lease term. Each such policy snail provide that any loss payable thereunder shall be payable notwithstanding: (1) any act, omission or neglect by Tenant, or by any subtenant of Tenant, or (2) any occupation or use of the Property (or any portion thereof) by Tennant, or by any subte- nant of Tenant, for purposes more hazardous than permitted by the terms of such policy or policies, or (3) any foreclosure or other action or proceeds taken by any mortgagees) or trmstee(s) pursnr- ant to any provision of any mortgage(s) or deed(s) of trust covering the Property, or (4) any change in title or ownership of the Property. E. Any insurance policies required hereunder shall be written as primary policies, not, contributing with or in excess of any coverage which Owner or Owners designee(s) may carry, with loss payable clauses satisfactory to owner and in favor of Owner, or at Owners option, in have of Owner and owners designee(s). Tenant shall procure and maintain all policies (that it is required to obtain hereunder) entirely at its own expense and shall, at least 20 days prior to the expiration of any such policies, furnish Owner with renewals or "binders" thereof, or Owner shall have the right (bunt not the obligation, which shall be solely Tenant's to order such insurance and charge the cost the- reof to Tenant. No such payment by Owner shall constitute a waiver of any other of Owner's rights under this lease. Tenant shall not do or permit to be done anything which shall invalidate the insurance policies referred to herein or the coverage thereunder. if Tenant (or any subtenant of Tenant) does or permits to be done anything which shall reimburse. Owner for any additional premiums attributable to any, act or omission or operation of Tennant (or any subtenant of Tenant) causing such increase in the cost of insurance. Any amount owed by Tenant under this paragraph shall be payable as additional rent for the month immediately succeeding the month in which Tenant received a bill therefor from Owner. F. If, on account of the failure of Tenant to comply with the provisions of this Article, Owner is deemed a co-insurer by its insurance carrier, then any loss or damage which Owner shall sustain by reason thereof shall be borne by Tenant and shall be immediately paid by Tenant upon receipt of a bill therefor and evidence of such loss. G. Owner makes no representation that the limits of liability specified to be carried by Tenant under the, terms of this lease are adequate to protect Tenant against Tenant's indemnification obli- gations under this lease, and if Tenant believes that any such insurance coverage called for under this lease is insufficient, Tenant shall provide, at its own expense, such additional insurance as Tenant deems adequate, because the limits of any insurance coverage required under this Article still not limit the liability of Tenant under this lease. H. If the lease term is more than five years, then (rot more frequently than each five years) if in Owners opinion the amount of any insurance coverage maintained by Tenant at that time is not ade- quate, Tenant shall increase the insurance coverage as reasonably required by Owner. AMC.LE 46. CLH ATM RIGHTS. All rights, options and remedies of Owner contained in this lease shall be construed and held to be cumulative, and no one of them shall be exclusive of the other, and Owner shall have the right to pursue any one or all of such remedies or any other remedy or relief which may be provided by law or equity, whether or not stated in this lease. MAR 1988 -22-