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8.4 SR 04-05-2021
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8.4 SR 04-05-2021
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4/6/2021 8:59:58 AM
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SPOHN <br />RANCH <br />S NA I PAI <br />DESIGN. BUILD. COME TOGETHER. <br />one arbitrator. At the option of the first to commence an arbitration, the arbitration shall bead min iste red either by the American Arbitration <br />Association (AAA) pursuant to its Commercial Rules or by JAMS pursuant to its Comprehensive Arbitration Rules and Procedures. Judgment <br />on the Award may be entered in any court having jurisdiction. This clause shall not preclude parties from seeking provisional remedies in aid <br />of arbitration from a court of appropriate jurisdiction. The arbitrator shall, in the Award, allocate costs, reasonable attorney's fees, expert - <br />witness fees, other litigation fees and expenses including the costs of arbitration to the prevailing party in accordance with the Attorney's <br />Fees provision. Judgment on any arbitration award may be entered by any court of competent jurisdiction. <br />Spohn shall, at its expense, procure and maintain insurance with carriers acceptable to Client, and in amounts set forth below. Spohn shall <br />provide certificates of insurance to Client upon request. The certificates of insurance shall provide that there will be no cancellation nor <br />reduction of coverage without thirty (30) days prior written notice to Client. Required coverage amounts: <br />o Workers Compensation and Employers Liability insurance in the amount of $1,000,000; <br />o Automobile Coverage for all Owned, Non -Owned and Hired vehicles in the amount of $1,000,000 per occurrence, $2,000,000 <br />aggregate; <br />o Comprehensive General Liability or Commercial General Liability insurance covering all operations or job specific in the amount of <br />$1,000,000 per occurrence, $2,000,000 aggregate; <br />o Excess Liability/ Umbrella Insurance in the amount of $5,000,000; <br />o Errors and Omissions/ Professional Liability insurance in the amount of $2,000,000 per occurrence, $2,000,000 aggregate. <br />These Terms and Conditions are necessarily incorporated by reference into any other related agreement; Client agrees that Iowa law shall <br />govern the relationship between the Client and Spohn to the fullest extent of applicable law including enforcement of any part of these <br />Terms and Conditions or any other related agreement between or among Client and Spohn. <br />Each Term and/or Condition herein is severable in the event one or more provisions are unenforceable for any reason <br />SPOHN RANCH, INC. I P 626-330-5803 1 F 626-330-5503 1 W SPOHNRANCH.COM <br />E INFO@SPOHNRANCH.COM 1 6824 S CENTINELA AVE. LOS ANGELES, CA 90230 <br />
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