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EXHIBIT B <br />INSURANCE REQUIREMENTS <br />You must keep the following insurance in force with companies licensed to do business in the state or comrnwiwealth where the <br />Shopping Center is located. during the Event Period and such other times as Licensee occupies the Event Location: <br />(i) Commercial General Liability Insurance on the Event Location and the business operated in or from the Event Location, <br />including coverage against assumed or contractual liability under this Agreement, with minimum limits for bodily injury. property damage or personal and <br />advertising Injury of $1,000.000 per occurrence and $2,000,000 general aggregate, except for the Events set forth below, which require such insurance as <br />follows: <br />Type of Event <br />Commercial General Liability <br />Occurrence/Aggregate Requirement <br />$1 MM/53MM <br />Dance <br />Petting Zoo <br />51MM/$3MM <br />Vehicle Display Event <br />51MM/S3MM <br />Vehicle Driven Event <br />$2MM/S5MM <br />Concert (ProfessionaUNot Community Event) <br />$5MM/$5MM <br />Carnival <br />$5MM/$5MM <br />Circus <br />'55MM/$5MM <br />Dunk Tank <br />SSMM/$5MM <br />Rock Climbing <br />S$MM/S5MM <br />Martial Arts or Other Sporting Event <br />$5MM/S5MM <br />Firearms or Weapons Show <br />55MM/55MM <br />All Other High Risk Events <br />$5MM/$5MM <br />lii) Workers Compensation Insurance in statutory limits for all employees and Employers Liability insurance which affords limits of not <br />less than 51.000,000 each coverage and policy limit; <br />(iii) "All Risk' property Insurance, covering all of Licensee's inventory, trade fixtures, furniture, furnishings, and equipment not affixed to <br />the Event Location. and covering all of the improvements installed in the Event Location by or for the Licensee in an amount equal to the full replacement cost <br />value of all such equipment, furniture and trade fodures, without co-insurance; and <br />(iv) If You are serving alcohol at the Event, liquor liability Insurance, including coverage for bodily injury or property damage with <br />minimum limits of $2,000,000 per occurrence and $5.000,000 general aggregate <br />All Contractors must keep the following insurance in force with companies licensed to do business in the state or commonwealth where <br />the Shopping Center Is located, during the Event Period and such other times as the Contractor occupies the Shopping Center. <br />(i) Workers Compensation Insurance in statutory limits for all employees and Employers Liability Insurance which affords limits <br />of not less than S1,000,000 each coverage and poky limit; <br />iii) Employer's Liability - minimum of $500,000 each accident 5500,000 disease, policy limit, $500,000 disease, par employee; <br />(iii) Commercial General Liability (naming Owner and Manager as additional insureds) - 51,000,000 per occurrence Combined <br />Single Limit; $2,000,000 aggregate (i.e., such insurance shall include contractual liability, personal injury protection and completed operations coverage); <br />(iv) Auto Liability (if deemed appropriate by Manager) - $1,000.000 minimum; <br />h') Property insurance coverage for tools and equipment brought onto and/or used on the Property by the contractor - an <br />amount equal to the replacement costs of all such tools and equipment and <br />(vi) For any Contractors that are providing armed security services for the Event, Commercial General Liability (naming Owner <br />and Manager as additional insureds) which affords limits of not less 52,000,000 per occurrence Combined Single Limit; $5,000,000 aggregate (Le., such <br />insurance shall include contractual liability, personal injury protection and completed operations coverage. and be primary and iron -contributory to coverage <br />carried by Owner and its managing agent); <br />You shall deliver to Us certificates of the insurance required by this Exhibit B. The insurance company or companies providing the <br />insurance required hereunder must have a Best Rating of A -VI It or better. You hereby waive all subrogation rights of Your insurance carrier in favor of <br />Licensor and its partners, beneficiaries, trustees, officers, employees and agents with respect to the property damage and rental loss insurance required to <br />be carried hereunder. If You breach Your obligation to obtain and keep in effect any insurance required by this paragraph. You shall indemnify and hold <br />Licensor harmless against any loss that would have been covered by such insurance, <br />The certificates required by this Exhibit B will provide either that (i) "Should any of the above described poicies be cancelled before <br />the expiration date thereof, the issuing insurer will endeavor to mail thirty (30) days' written notice to the Certificate Folder; or (ii) "Should any of the above <br />described policies be cancelled before the expiration date thereof, notice will be delivered in accordance with the policy provisions." Your Commercial <br />General Liability Insurance potties shall name Licensor and its management agent (and any other person or entity as may be requested by Licensor in <br />writing) as additional insureds, as their respective interests may appear, and will be primary, non-contributory and not in excess of any other coverage <br />maintained by Licensor or any other party. <br />Page 5 of 6 Licereor <br />COE* Licensee <br />*COE is self insured and <br />will provide self insurance <br />letter on request <br />