99-24 Exhibit to Temporary Extension Agreement.pdf

perform through thethe date date ofof termination termination of of the the contract contract andand the the Operator Operator shall be shall be subject subject toto damages damages in in an an amount amount equalequal toto the the costs costs associated associated with with re-bidding the re-bidding the contract. contract. 31 31

b. b. AA Restoration Restoration Bond Bond in in thethe form form acceptable acceptable to to the the West Orange Township West Orange Township Attorney, and Attorney, and in in the the amount amount equal equal toto $50,000, $50,000, dulyduly executed executed by by the the successful successful Respondent (Operator), Respondent (Operator), as as principal principal and and byby aa reputable reputable surety surety company company rated rated A+ A+ or better or better by by A.A. M. M. Best Best Company’s Company’s Insurance Insurance Ratings Ratings licensed licensed to to do

licensed to to do do business business under the under the laws laws of of and and in in the the State State of of NewNew Jersey Jersey andand satisfactory satisfactory to to the the Township Township of West Orange. The Restoration Bond must specifically provide that it will of West Orange. The Restoration Bond must specifically provide that it will indemnify and indemnify and pay pay allall costs costs related related toto any any actions actions required required to to restore restore thethe property

restore thethe property property to its to its original original condition condition as as itit existed existed prior prior to to the the receipt receipt of of any any Class Class A, A, B B or or Class Class C material C material at at the the site site at at the the beginning beginning of of the the contract. contract. This This specifically specifically includes, includes, but is but is not not limited limited

includes, but is but is not not limited limited to, to, costs costs and and expenses expenses incurred incurred by by any any adverse adverse governmental governmental regulatory action regulatory action and and costs costs and and expenses expenses potentially potentially incurred incurred to to remediate remediate transport and transport and dispose dispose of of the the Township’s Township’s Vegetative Vegetative Waste Waste at at sites sites other other than than thethe Facility. If Facility. If the

than thethe Facility. If Facility. If the the Surety Surety on on the the Bond Bond furnished furnished filesfiles bankruptcy bankruptcy or or becomes becomes insolvent or insolvent or its its right right to to dodo business business is is terminated, terminated, or or itit ceases ceases to to meet meet thethe requirements stated requirements stated herein, herein, the the Operator Operator shallshall within within fivefive (5) (5) days days thereafter thereafter substitute another substitute another Bond Bond and and Surety

thereafter substitute another substitute another Bond Bond and and Surety Surety fromfrom aa reputable reputable surety surety company company rated rated A+A+ or or better by better by A.M. A.M. Best Best Company’s Company’s Insurance Insurance Ratings Ratings licensed licensed to to do do business business in in the the State of State of New New Jersey Jersey acceptable acceptable to to the the Township Township of of West West Orange. Orange. C. c. Worker’s Compensation Insurance Worker’s Compensation Insurance per per state state requirements.

Worker’s Compensation Insurance per per state state requirements. requirements. d. d. A comprehensive A comprehensive General General Liability Liability Policy Policy with with aa combined combined single single limit limit of of for bodily $2,000,000 for $2,000,000 and property injury and bodily injury The policy damage. The property damage. shall policy shall include coverage include coverage for for “XCU” “XCU” exposures exposures and and completed completed operations operations coverage. coverage. e. e. An Automobile Public An Automobile Public Liability Liability and and Property Property Damage

Liability and and Property Property Damage Damage Policy Policy with with aa combined single combined single limit limit of of $2,000,000 $2,000,000 for for bodily bodily injury injury and and property property damage. damage. f. f. All certificates of All certificates of insurance insurance shall shall stipulate stipulate that that the the insurance insurance will not be will not be changed or changed or canceled canceled without giving thirty without giving thirty (30) (30) days days prior prior written written notice

prior written written notice notice to to the Township the Township of of West Orange by West Orange by registered registered mail. mail. Any notice of Any notice of termination shall termination shall constitute constitute an an immediate immediate default default and and permit permit the the Township Township to immediately to immediately terminate terminate this this agreement. agreement. g. g. Certificates shall Certificates shall show show the the type, type, amount, amount, class class of of operations