The Company agrees, throughout the term of this Agreement, at its own expense and without limiting its liabilities under this Agreement, to:

(i) insure its operations under a contract of general civil liability, with a first rate insurer [optional: licensed in [country to be completed]], to the amount of EUR [Specify]agreed under Article [specify Liability Cap Clause];

(ii) present an annual certificate of the insurance to the Partner;

(iii) require that all insurance shall be endorsed to provide Partner with 30 days advance written notice of cancellation or material change.

The Partner agrees, throughout the term of this Agreement, at its own expense and without limiting its liabilities under this Agreement, to:

(i) insure its operations under a contract of general civil liability, with a first rate insurer [optional: licensed in [country to be completed]], to the amount of EUR [Specify]agreed under Article [specify Liability Cap Clause];

(ii) present an annual certificate of the insurance to the Company;

(iii) require that all insurance shall be endorsed to provide the Company with 30 days advance written notice of cancellation or material change.