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receipt of a copy of the Contractor's Right of Entry Agreement and understanding of its terms, provisions, <br />and requirements, and will inform its contractor of the need to execute the Agreement. Under no <br />circumstances will Licensee's contractor be allowed onto Licensor's premises without first executing the <br />Contractor's Right of Entry Agreement. <br />Article V. INSURANCE. <br />A. The Licensee, at its expense, shall obtain the insurance described in Exhibit B-1, hereto <br />attached. The Licensee will also provide to the Licensor a Certificate of Insurance, identifying Folder <br />No. 02374-70, issued by its insurance carrier confirming the existence of such insurance and that the <br />policy or policies contain the following endorsement: <br />UNION PACIFIC RAILROAD COMPANY is named as an additional insured with respect <br />to all liabilities arising out of the existence, use or any work performed on or associated <br />with the 'Pipeline' located on Railroad right-of-way at Mile Post 8.51, on the Altoona <br />Subdivision/Branch, at or near Lake Elmo, Washington County, Minnesota. <br />B. If the Licensee named in this Agreement is a public entity subject to any applicable statutory <br />tort laws, the limits of insurance described in Exhibit B-1 shall be the limits the Licensee then has in <br />effect or which is required by applicable current or subsequent law, whichever is greater, a portion of <br />which may be self -insured with the consent and approval of the Licensor <br />C. All insurance correspondence shall be directed to: <br />Constance R. Alvis <br />Folder No. 02374-70 <br />Union Pacific Railroad Company <br />Real Estate Department <br />1400 Douglas Street STOP 1690 <br />Omaha, NE 68179-1690 <br />Article VI. TERM. <br />This Agreement shall take effect as of the Effective Date first herein written and shall continue in <br />full force and effect until terminated as herein provided. <br />IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of <br />the date first herein written. <br />UNION PACIFIC RAILROAD COMPANY CITY OF LAKE ELMO, MINNESOTA <br />By: <br />Manager - Contracts <br />am <br />