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INDEMNITY OF FLORIDA EAST COAST RAILWAY, L. L . C.
<br /> AND INSURANCE REQUIREMENTS
<br /> The Contractor by execution and delivery hereof, agrees that it shall_ and will at all times
<br /> hereafter indemnify, defend and save harmless the Florida East Coast Railway, L . L. 0 from and
<br /> against all judgments, and all loss, claims, damages, costs, charges , and expenses ("Costs ")
<br /> which it may suffer, sustain, or in anywise be subjected to on account of or occasioned by the
<br /> operations of the Contractor, or any of the subcontractors, or both, whether directly or indirectly
<br /> under, or pursuant to , this construction contract, including any such Costs arising from the death,
<br /> bodily injury or personal injury of, as follows :
<br /> Of any person, including without limitation upon the generality of the foregoing
<br /> description, employees and officers of Florida East Coast Railway, L.L . C . , employees and
<br /> officers of materialmen, employees and officers of the Contractor, employees and officers of all
<br /> subcontractors , and from loss damage, injury and loss of use of any real or personal property (a)
<br /> in which Florida East Coast Railway Company has any ownership interest, and (b) personal
<br /> property in the custody of Florida East Coast Railway Company under any transportation
<br /> contracts; including without limitation upon the generality of the two foregoing enumerations, all
<br /> railroad equipment commonly described as rolling stock and the contents of the same .
<br /> In furtherance of its - obligation to indemnify, defend and save harmless, Contractor shall
<br /> procure and keep in effect comprehensive general liability insurance in the Iimits of
<br /> $ 5 , 000, 000 . 00 each occurrence for bodily injury or death and $ 3 , 000, 000 . 00 property damage
<br /> each occurrence with a $5 , 000, 000 aggregate covering all obligations of Contractor to indemnify
<br /> the Railway by Contractual Assumed Liability Endorsement, with all railroad exclusives
<br /> removed. Alternatively, Contractor may procure and keep in effect during the life of this
<br /> construction contract, as aforesaid, Railroad Protective Liability Policies insuring the Railway
<br /> directly as insured against losses and damages with the limits specified in this paragraph .
<br /> In addition to the above, Contractor shall, at its cost and expenses, maintain a Workman' s
<br /> Compensation Insurance Policy as required in the State of Florida.
<br /> All such insurance, directly or indirectly for 1.the benefit of the Railway, . shall be in a form
<br /> . . . . _
<br /> satisfactory to Railway' s Manager of Insurance and issued by a casualty compaii /insurance
<br /> company authorized to do business in the State of Florida that has a ` Best ' s " rating of A or A+
<br /> and a financial category size of Class XII or higher .
<br /> EX [BIT "D "
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