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2. The insurance shall cover the full value of the Contract, together with all materials located on the site during the entire period of construction, and until said project is accepted in writing by Temple Israel. The Contractor shall be responsible for payment of all deductibles resulting from losses under the coverage provided herein. 3. The insurance shall be of the type know as "Multiple Peril Builder's Risk" policy on a completed value form. Such policy shall provide ' minimum coverage as recommended by the Construction Industry Cooperative Committee of Minnesota. In the event of occupancy the Contractor shall notify the insurance company and obtain a "Use of ' Occupancy Wavier" such that the policy will not be invalidated by occupancy. The Contractor shall file such endorsement with the Project Manager and Maintenance Supervisors. 10. LAYOUT OF WORK The Contractor shall take measurements and verify dimensions of existing or old work if any, that affect his work or to which his work is to be fitted. The ' Contractor alone shall be responsible for the correctness of all measurements and shall verify all grades, lines. levels. elevation and dimensions. ( 11. MISCELLANEOUS The following terms may have been stated but this will not alleviate Contractor from all set of Terms and Conditions. ' 1. That no extra work or changes done by the Contractor shall be paid for unless authorized by Temple Israel in writing. 1 2. That this Agreement constitutes the entire understanding of the parties and that this Agreement may be modified only by written agreement of both parties. t3. That absent contrary provision on the face hereof, the Job price includes all freight charges and all taxes assignable to the Job. 1 4. To protect partially completed work on the Job and equipment or materials left at the Job site and to be financially responsible for any damage occurring by Contractor's failure to do so. 14