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f V PAYMENT FOR WORK PERFORMEDt Within a reasonable time after completion of the work to be performed under this contract and acceptance by the Engineer of the Railroad Company, the Railroad Company agrees to pay you, upon presentation of your invoice in triplicate, ninety percent {90%) of the value of the work performed. The ten percent {10%) retained may be paid to you immediately, or at the option of the Railroad Company, may be retained until the time allowed by law for the filing of liens upon or against the said work shall have expired, and until all Hens filed upon or against the work shall have been fully discharged by you. LIABILITY? Notwithstanding anything contained herein to the contrary, you agree* To accept exclusive liability for the payment of any and all payroll taxes or contributions for unemployment insurance or old age pensions or annuities which are measured by the wages, salaries or other remuneration paid to your employees. You further agree to reimburse the said Railroad Company for any of the aforesaid taxes and contributions which by law said Railroad Company may be required to pay, and to comply with all valid administrative regulations respecting the assumption of liability for the aforesaid contributions and the supplying of information to the proper designated authorities. PERSONAL INJURIES AND PROPERTY DAMAGE* You shall indemnify and hold harmless the Railroad Company from and against any and all claims, demands, costs or expenses of whatsoever nature, arising from or growing out of injury to or death of any person or persons whomsoever, or damage to or destruction of property belonging to any person whomsoever resulting from or in any manner connected with the doing of the work to be performed by you under this contract. LIENS* You shall pay in full all persons who perform labor upon said premises in connection with the said work, and shall not suffer any mechanic6s liens of any nature to be enforced against said premises for any such work, and shall indemnify and hold harmless the Railroad Company from and against any and all liens, claims, demands, costs or expenses of whatsoever nature in any way connected with or growing out of such work or labor performed. — 2 —