TENANT / VENDOR CERTIFICATE OF INSURANCE
Insurance Requirements
Tenants are required to keep on file with the Management Office a current Certificate of Insurance evidencing sufficient coverage to satisfy the terms of their lease. The insurer must be admitted and licensed in Massachusetts and the Certificate must contain a provision that coverage will not be canceled or non-renewed without a thirty (30) days prior written notice to the Owner.
When tenant work is to be done by contractors in the building, the tenant authorizing such work shall be responsible for including in the contract for such work the following insurance and indemnity requirements to the extent that they are applicable. Insurance certificates must be received prior to construction/service. All certificates shall name the Landlord as the certificate holder as follows:
| Commercial General Liability: | $1,000,000 (Per Occurrence) $2,000,000 (Aggregate) |
| Property: | $1,000,000 |
| Automobile Liability: | $1,000, 000 |
| Worker’s Compensation: | Statutory |
| Employers’ Liability: | $1,000,000 |
| Description of Operations: | Either: 1) All Operations of the Insured or 2) Property Name |
| Additional Insured: | Clarion Lion Properties Fund Holdings, L.P. and its affiliates, successors and assigns CLPF - Cambridge Science Center, LLC and its affiliates, successors and assigns Lincoln Property Company and its affiliates, successors and assigns |
| Agent: | LPC Commercial Services, Inc. and Lincoln Property Company |
| Notice of Cancellation: | 30 Days, For Non-Payment 10 Days |
| Certificate Holder: | CLPF - Cambridge Science Center, LLC c/o Lincoln Property Company 245 First Street Cambridge, MA 02142 |
| Certificates Mailed to: | Conor Murphy, Tenant Coordinator Lincoln Property Company 245 First Street Cambridge, MA 02142 |
| Electronic Copy to: | cmurphy@lpc.com |