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110 <br /> ZNBM=CE FOR BENEFIT OF <br /> FLORIDA EAST COAST RAILWAY COMP <br /> TO BE OBTAINED AND KEPT IN FULL F0110E AND EFFECT <br /> AT COST OF CONTRACTOR <br /> In further consideration of the sums of money herein specified <br /> to be paid to Contractor, Contractor, at its cost and expense, <br /> shall obtain and keep in effect, insurance policy or policies in <br /> the limits of $1,000,000 each person injured or killed and <br /> $2,000,000 each occurrence and $1,000,000 property damage per <br /> person and $2,000,000 property damage each occurrence directly by <br /> Contractual Liability Endorsement to Contractor's General Public <br /> Liability and Property Damage Insurance Policies insuring <br /> Contractor against loss or damage to Contractor upon the <br /> indemnities concurrently extended to the Florida East Coast Railway <br /> company and within the limits specified in this paragraph. <br /> Alternatively, Contractor may procure and keep in effect during the <br /> life of this construction contract, as aforesaid, Railroad <br /> Protective Liability Policies insuring Florida East Coast Railway <br /> Company directly as insured against losses and damages but within <br /> the limits specified in this paragraph. <br /> In addition to the above, Contractor shall, at its cost and <br /> expense, maintain a Workman's Compensation Insurance Policy as <br /> available in the State of Florida. <br /> All such insurance, directly or indirectly for the benefit of <br /> the Florida East Coast Railway Company, shall be in a form satis- <br /> factory to its Manager of Insurance and issued by a casualty <br /> company/insurance company authorized to do business in the State of <br /> Florida that has a "Best's" rating or A or A+ and a financial <br /> category size of Class XII or higher. <br /> T,°� <br /> MT <br /> '',7 - ?'. •.j P{' a p�,t:: <br /> L <br />