21. INDEMNITY AND PUBLIC LIABILITY INSURANCE
(A) Tenant shall indemnify and save harmless Landlord and its Agent from any and all liability,
damage, expense, cause of action, suits, claims, judgments and cost of defense arising from injury to
person or personal property in and on the Demised Premises, or upon any adjoining sidewalks or public
areas of the Building, which arise out of the use and occupancy of the Demised Premises or the act,
failure to act or negligence of Tenant, its agents, contractors, employees, subtenants or licensees.
(B) In order to assure such indemnity, Tenant shall, at its sole cost, carry and keep in full force
and effect at all times during the term of this Lease, a commercial comprehensive general liability policy
with a single limit of at least Two Million Dollars ($2,000,000.00) including coverage for bodily injury,
property damage and personal injury liability.
(C) Tenant shall also carry and maintain at its sole cost and expense excess liability and umbrella
coverage with a limit of liability of no less than $4,000,000 per occurrence and $4,000,000 general
aggregate. Such coverage shall provide protection against bodily injury, property damage, contractual
liability and personal injury loss.
22. WORKERâS COMPENSATION INSURANCE Tenant shall carry and keep in full force and effect at
all times during the term of this Lease, at its sole cost, workerâs compensation or similar insurance in form
and amounts required by law. Such insurance shall contain waiver of subrogation provisions in favor of
Landlord and its management agent.
23. ALL RISK COVERAGE INSURANCE Landlord shall obtain and maintain All Risk Coverage
insurance covering the Building and the Building-standard tenant improvements to the level specified in
Exhibit B. Tenant shall obtain and maintain throughout the term of this Lease and any extension periods All
Risk Coverage insurance insuring against damage to and loss of Tenantâs Alterations and tenant
improvements (above the level of the Building-standard tenant improvements as specified in Exhibit B),
fixtures, equipment, furniture, and all other personal property in and about the Demised Premises. Landlord
and Tenant hereby release each other and waive any claims they may have against the other for loss or
damage to the Building, Demised Premises, tenant improvements, fixtures, equipment and/or any other
personal property arising from a risk insured against under the All Risk Coverage insurance policies to be
carried by Landlord and Tenant, as required above, even though such loss or damage was caused by the
17 King I Office Lease
Execution Document Puckett & Faraj, PC
MCLEAN 354397.8 101274.055
negligence of Landlord, Tenant, or their respective agents or employees (or any combination thereof), except
for the amount of the deductible under said policies. Landlord and Tenant agree to obtain and maintain
throughout the term of this Lease endorsements to their respective All Risk Coverage policies waiving the
right of subrogation of their insurance companies against the other party and its agents and employees.
Except to the extent expressly provided herein, nothing contained in this Lease shall relieve Landlord or
Tenant of any liability to each other or to their insurance carriers which Landlord or Tenant may have under
law or the provisions of this Lease in connection with any damage to the Building, Demised Premises, tenant
improvements, fixtures, equipment, furniture, and all other personal property, by fire or other casualty.
24. TENANTâS CONTRACTORâS INSURANCE
(A) Tenant shall require any contractor of Tenant performing work on the Demised Premises to
carry and maintain, at no expense to Landlord:
(1) commercial comprehensive general liability insurance, including contractorâs liability
coverage, contractual liability coverage, completed operations coverage, broad form property damage
endorsement and contractorâs protective liability coverage, to afford protection with limits, for each
occurrence, of not less than One Million Dollars ($1,000,000.00) with respect to personal injury, death, or
property damage; and
(2) workerâs compensation or similar insurance in form and amounts required by law.
(3) Excess liability or umbrella insurance written on a per occurrence basis with policy
limits of no less than Two Million Dollars ($2,000,000) per occurrence and Two Million Dollars
($2,000,000) general aggregate.
25. REQUIREMENTS FOR TENANTâS INSURANCE POLICIES
(A) The company or companies writing any insurance which Tenant is required to carry and
maintain or cause to be carried or maintained pursuant to this Lease as well as the form of such insurance
shall at all times be subject to Landlordâs approval and any such company or companies shall be a good
and responsible insurance company, licensed to do business in the Commonwealth of Virginia. Tenantâs
public liability and All Risk Coverage insurance policies and certificates evidencing such insurance shall
name Landlord and its Agent as additional insured and shall also contain a provision by which the insurer
agrees that such policy shall not be cancelled except after thirty (30) days written notice to Landlord.
Tenant agrees to provide to Landlord prior to taking possession of the Demised Premises the certificates
evidencing such insurance; Landlord may withhold delivery of the Demised Premises without delaying
the Commencement Date, or triggering any abatement of rent, if Tenant fails to provide Landlord with
these certificates.
(B) Any insurance carried or to be carried by Tenant hereunder shall be primary over any policy
that might be carried by Landlord. If Tenant shall fail to perform any of its obligations regarding the
acquisition and maintenance of insurance, Landlord may perform the same and the cost of same shall be
deemed additional rent, payable upon Landlordâs demand.