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86- 10328 3 Section 9.3. Mutual Release of Liability for Hazards - Covered by Insurance. The Tenant of Lot 2 and the Owner of Lots 2 and 3- hereby mutually release and discharge each other from all claims and liabilities arising from or caused by any hazard covered by insurance under Section_ 9.1 in connection with prop- erty on or activities associated with the Parking Garage, regard - less of the cause of the damage or loss. The Tenant of Lot 1, Tenant of Lot 2 and Owner of Lots 1, 2 and 3 hereby mutually release and discharge each other from all claims and liabilities arising from or caused by any hazard covered by the insurance under Section 9.2 in connection with property on or activities associated with the preconstruction, construction, maintenance, repair or operation of the Parking Garage and Parking Lot, regardless of the cause of the damage. Section 9.4. General Contractors. During the construction of the Parking Lot and Parking Garage, the Landlord will require all its general contractors to carry (a) Builder's Risk, in the full amount of the construction project for all risk perils with $1,000 deductible paid by the general contractors on a completed value form; (b) Comprehensive General Liability; (c) Comprehen- sive Automobile Liability Insurance covering all owned and non- owned automobiles; (d) Statutory Workmen's Compensation and (e) an additional one million dollar umbrella policy. The general contractor's insurance policies shall name the Owners and Tenants of Lots 1, 2 and 3 as named insured for the Builder's Risk insurance as described in Subsection (a) above. Prior to the start of any work, each general contract shall provide the Owners -24- a I �I