Common use of Additional Insurance Coverage Clause in Contracts

Additional Insurance Coverage. Without derogating from Contractor's liability and obligations pursuant to the Agreement and/or under any applicable law, in addition to the foregoing insurance the Contractor shall effect and maintain the following insurances: 21.2.1. From the initial Purchase Order and during the entire term of this Agreement an Employers' Liability Insurance in respect of the non-Israeli employees employed by Contractor. 21.2.2. From the initial Purchase Order and during the entire term of this Agreement Third Party Liability Insurance and Employers Liability Insurance on an annually renewable basis, as specified in Exhibit M2 hereto. 21.2.3. From the date of initial Purchase Order and through all periods in which Contractor and/or the Company may be held legally liable, provided that such period shall not be less than seven (7) years or the term of this Agreement, whichever is longer, a Product Liability Insurance and Professional Liability Insurance on an annually renewable basis, as specified in Exhibit M2 hereto. 21.2.4. Any and all vehicles that will be brought to the Project/Site by the Contractor and/or anyone acting on its behalf will be covered, throughout the entire terms of this Agreement and any subsequent period, by Compulsory Insurance (for bodily injury) as required by law, Comprehensive Property Insurance for the vehicles and also Third Party (vehicle) Insurance covering property damages and also bodily injuries that there is no legal requirement to insure, with a limit of liability of not less than the standard limit of liability that is customary at the time of arranging or renewing such insurance, as the case may be.