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11.4 Failure to Maintain Coveraoe. If Consultant fails to comply with these <br />insurance requirements, then City will have the option to declare Consultant in <br />breach, or may purchase replacement insurance or pay the premiums that are <br />due on existing policies in order to maintain the required coverages. Consultant <br />is responsible for any payments made by City to obtain or maintain insurance <br />and City may collect these payments from Consultant or deduct the amount paid <br />from any sums due Consultant under this Agreement. <br />11.5 Submission of Insurance Policies. City reserves the right to require, at any <br />time, complete copies of any or all required insurance policies and <br />endorsements. <br />12. Business License. Consultant will obtain and maintain a City of Redwood City <br />Business License for the term of the Agreement, as may be amended from time -to -time. <br />13. Maintenance of Records. Consultant will maintain complete and accurate records <br />with respect to costs incurred under this Agreement. All records will be clearly <br />identifiable. Consultant will allow a representative of City during normal business hours <br />to examine, audit, and make transcripts or copies of records and any other documents <br />created pursuant to this Agreement. Consultant will allow inspection of all work, data, <br />documents, proceedings, and activities related to the Agreement for a period of three <br />(3) years from the date of final payment under this Agreement. <br />14. Ownership of Documents. Any reports and other material prepared by or on <br />behalf of Consultant under this Agreement (collectively, the "Documents") shall be and <br />remain the property of the City. In the event this Agreement is terminated, all work <br />product produced by Consultant or its agents, employees and subcontractors pursuant <br />to this Agreement will be delivered to City pursuant to the termination clause of this <br />Agreement. Consultant will have the right to make one (1) copy of the work product for <br />Consultant's records. <br />15. Coovriahts. Consultant agrees that all copyrights that arise from the Services will <br />be vested in City and Consultant relinquishes all claims to the copyrights in favor of City. <br />16. Notices. The name of the persons who are authorized to give written notices or to <br />receive written notice on behalf of City and on behalf of Consultant under this <br />Agreement. <br />ATTY/AGR/2017.053/ FUNG COLLABORATIVES PROJECTS <br />REV: 03-22-1715 <br />Page 5 of 12 <br />