2026-07-14 · Board Packet · Page 22

Lease Agreement
Between
The Board of Education of the Los Alamos Public Schools
And
Carla Jaramillo  dba “Hair Experts”
INITIALS: ____________  & _____________      PAGE 9 of 15      
   LESSEE                       LESSOR                                                
           
a. Lessee agrees, at Lessee’s own cost and expense, to procure and continue in force 
throughout the Term of this Lease for the benefit of Lessor and Lessee general liability 
insurance against any and all claims for injuries to persons or damage to property 
occurring in, upon or about the Leased Premises, such insurance at all times to be in an 
amount not less than $1,000,000 for bodily injury or death arising out of any one 
occurrence and $100,000 for property damage arising out of any one occurrence.  
Lessee shall deliver a copy of such certificate of insurance to Lessor upon the Effective 
Date and within ten (10) days after written request of the same by Lessor.  
b. In accordance with New Mexico state law, Lessor shall maintain during the term and any 
extended term of this Lease such risk-related insurance coverage as is provided by the 
New Mexico Public School Insurance Authority Act, Sections 22-29-1 through 22-29-12, 
NMSA 1978, including, property, casualty and general liability coverage, with such limits 
as are specified from time to time by state law.
c. Lessee agrees to indemnify and hold Lessor harmless from all demands, claims, causes 
of action and/or judgments, and reasonable expenses incurred in defending the same, 
for injury to person, loss of life or damage to property occurring in or about the Leased 
Premises or arising out of or occurring by virtue of any negligent act or omission by 
Lessee, and/or its contractors, agents, independent contractors or employees.  Lessee 
shall have no indemnification obligation to defend Lessor should such demand, claim, 
cause of action and/or judgment be caused by the negligence of Lessor, its employees, 
agents and invitees.
ARTICLE 15 - DAMAGE OR DESTRUCTION
In the event of the partial or total destruction of the Leased Premises during the Term of this 
Lease, from any cause other than by failure or neglect on the part of the Lessee to perform or 
observe any term, representation or condition hereof, Lessor shall forthwith repair the same, 
unless Lessor or Lessee shall elect to terminate this Lease as hereinafter set forth.  Such 
destruction shall not annul or void this Lease except as hereafter provided and except that