Re: [AGA-sc] AGA2008

"Insurance? We ain't got no Insurance. We don't need no Insurance. We don't have to show any stinking Insurance!"

We've never shown it because we don't have it. What they would be looking for is liability insurance that could provide some assurance that they could be paid or saved harmless in the event AGA is responsible for any damage to person or property.

Where I work we insist that tenants and contractors take out policies that name us as the insured party. Compared to that, Sheraton is tame. Nonetheless, we've never had to do this before. And we haven't factored in any insurance costs. We've promised to make them harmless, that should be enough. We can show them our assets (i.e., bank account if they want to some assurance but I think we should resist on this one. It's not like we're going to put hundreds of glass boxes in a room and fill them water then stick electrical wires in them.

----- Original Message ----
From: Larry Lampert <l_lampert@yahoo.com>
To: Aquatic Gardeners Association Board <aga-sc@thekrib.com>
Sent: Monday, December 17, 2007 12:01:25 PM
Subject: Re: [AGA-sc] AGA2008 - CONTRACT

Ya know, I left the Force Majeure section untouched
because I thought that we were covered under the
"Government Authority" but I almost made the change as
you did so let's go with it.

My only other question was why did we strike the
Insurance Clause. Don't we usually provide proof of
Insurance? On second thought I am not sure that we
have before, hmmmm...

By the way great job on the preliminary numbers
work-up. Can't think of any changes to your estimated
costs. They are about as accurate a guestimation as we
can get for now, thanks!!!!!

Regards,

Larry
--- "S. Hieber" <shieber@yahoo.com> wrote:

> On second thought, I definitely prefer this version,
> which differs from the one I previously sent only in
> the Force Majeure section.
>
> Regardless of the practicality of performance, I
> want to be able to terminate without liability if
> the Homeland Security declares Atlanta a REd zone.
>
> sh
>
>
>
> ----- Original Message ----
> From: Larry Lampert <l_lampert@yahoo.com>
> To: Aquatic Gardeners Association Board
> <aga-sc@thekrib.com>
> Sent: Thursday, December 13, 2007 6:44:32 PM
> Subject: [AGA-sc] AGA2008 - CONTRACT
>
> Hi Everyone,
>
> Please find attached the unedited and my "red-lined"
> version of a proposed contract for the Sheraton in
> Downtown Atlanta. I am guessing you will like my
> version a little better ;-). ALthough I am equally
> confident my friend Scott Heiber will make an even
> better version!
>
> For reference puproses I also included the final
> version of the AGA2006 deal we did with the Sheraton
> Gateway in San Fran.
>
> Please review and make your comments. Also please
> feel
> free to create your own red-line version. Come on in
> the water's fine!
>
> After you get a chance to go over it I will share
> some
> additional comments but the net of it is I think it
> is
> close enough to what we need for us to come to
> terms.
> Let me know what you think.
>
> Now the fun starts!!!
>
> Thanks,
>
> Larry>
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