Neither of the parties hereto shall at any time during the continuance hereof deal with any of the shares of the Joint Company owned by it whether by sale, pledge, gift or otherwise in any manner inconsistent with the carrying out of its obligations hereunder. Where by virtue of this Article, the Subcontractor is required to effect and maintain insurances and / or to allow the Contractor to take out insurances in the Subcontractor’s name, then at any time until such obligation has been fully performed, the Subcontractor shall produce to the Contractor’ satisfactory evidences thereof in the form required by the Contractor (such as copy of cover notes), including evidences that payment of the corresponding premiums have been made, and in the event of his failing to do so, the Contractor may himself effect such insurance and recover the cost of so doing from the Subcontractor.