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\ procure and keep in effect during the life of this agreement workmen’s compensation and employer’s liability insurance, contractor’s public liability and property damage insurance, and contractor’s contractual liability and property damage insurance; contractor for a period of 365 days after completion of construction, to jguarantee wiring, plumbing, heating, roofs, sprinkler equipment, etcQ to be in good repair and adequate to furnish proper service for which installed, and is in compliance with building codes, ordinances, etc., and laws of City of Industry, County of Los Angeles, and State of California; construction of building is by virtue of lease option agreement between Las Vegas Land and Water Company and Western Auto Supply Company, and in executing C.L.D. 15510, contractor agrees that covenants, warranties and guaranties shall be for the benefit of Western Auto Supply Company as well as Las Vegas Land and Water Company; accordingly, Contractor agrees to indemnify and hold harmless Las Vegas Land and Water Company from any claim made against it by Western Auto Supply Company, be and the same is hereby ratified, approved and confirmed. On motion duly seconded, it was RESOLVED, that the action of President Bailey and Assistant Secretary How in executing C.L.D. No. 15474, agreement made July 21, 1966 between Las Vegas Land and Water Company and -5- ? i'\