Workers' Compensation As required by statute in the state where the applicable Property is located and where any operations relating to the contract are located, with waiver of subrogation against Owner, Manager and Submanager.

• Employer's Liability $1,000,000 each accident.

• Commercial General Liability* $4,000,000 per occurrence and aggregate

• Business Automobile Coverage $1,000,000 (any auto / owned / non-owned / hired) per accident

*Vendors may fulfill their insurance obligations through the use of any combination of primary and umbrella coverage. This coverage shall be primary to Owner's, Manager's and Submanager's insurance and will cover Owner, Manager and Submanager as Additional Insureds for claims arising out of the Vendor's ongoing and completed operations for or on behalf of Owner, Manager or Submanager. Owner, Manager and Submanager shall be named as Additional Insureds (see below) by endorsement to Vendor's Commercial General Liability and Auto Liability insurance policies.

(ii) If a Vendor's work involves professional design or engineering, special evidence of $1,000,000 in professional liability coverage may also be required by Manager.

(iii) If a Vendor's work involves any hazardous or toxic substances or materials such as Asbestos or Asbestos abatement, special evidence of $1,000,000 in Contractor's Pollution Liability coverage may also be required by Manager.

(iv) Manager or Submanager may require additional coverage as they deem reasonable and may waive certain limits or requirements on a case-by-case basis. Submanager shall require each Vendor to submit certificates of insurance and endorsements in form and substance satisfactory to Manager or Submanager as evidence of the coverages required. Each required policy will provide for (A) waiver of subrogation against Owner, Manager and Submanager; and (B) if Vendor's liability insurance limit is subject to a policy aggregate, the aggregate limit must apply per project, or per location. All such policies will provide for 30 days' prior written notice to Submanager or Manager of cancellation and shall be issued by insurers with a Best's rating of A - VII or higher as reported in the most recent Property & Casualty Reports Key Rating Guide edition.

(v) For Projects in which Submanager acts as Project Submanager, Manager will require all PJM Contractors to extend broad form indemnities to all of Owner, Manager and Submanager and name Owner, Manager and Submanager as additional insured.

ADDITIONALLY INSUREDS - All service providers should name:

CLPF - Bellevue Office, LLC, Clarion Partners, LLC, and KGIP as additionally insured by endorsement.

CERTIFICATE HOLDER BOX

Clarion Partners, LLC CLPF-Bellevue Office11100 NE 8th Street Bellevue, WA 98004