Jamba Juice 2007 Annual Report Download - page 173
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17. INSURANCE
The Distributor shall carry at its own expense during the entire term of this Agreement commercial general liability insurance, including Workmen’s
Compensation Insurance and blanket contractual liability coverage, with a combined single limit of not less than [****] for personal injury and property
damage, which shall be written by an insurance company acceptable to JJC and naming Jamba Juice Company, their franchise and licensee partners, as co-
insured on such policy, with proof of such insurance provided to JJC within thirty (30) days of Agreement date. Any such policy shall include a provision for
thirty (30) days’ written notice to JJC the event of any pending material change or cancellation of such insurance.
18. SURCHARGES
California Workers Compensation Rate Adjustment: Workers Compensation Rate surcharge will be added to each invoice when rate is at [****]. This is
based on the California rate not on Distributor individual company mod. Jamba will have no financial responsibility over a [****] mod.
Workers Compensation Rate will be reviewed and adjusted annually.
Distributor will advise Jamba of any proposed adjustments and provide the appropriate backup documentation upon request. Distributor will provide 30-day
advance notice on any proposed adjustments.
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
[****]
Adjustment for Fuel Costs: If fuel expenses increase or decrease during the term of this Agreement, Distributor and JJC agree that a fuel surcharge or credit, as
applicable, calculated as
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