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8.1113. - Page 65 of 72 <br />have the option to revoke Permittee's Event Permit, or may purchase <br />replacement insurance or pay the premiums that are due on existing policies <br />in order to maintain the required coverages. Permittee is responsible for any <br />payments made by the City ` Rdier Re deyelepMeRt AgeRG . to obtain or <br />maintain insurance and City 'end/er RedeyeleprneRt Anonr•„ may collect <br />these payments from Permittee or deduct the amount paid from any sums <br />due to the Permittee pursuant to the Event Permit process. <br />1.5 Submission of Insurance Policies. City and/or R devel„nmon+ <br />^reserves the right to require, at any timea4y#R4e, complete and <br />certified copies of any or all required insurance policies and endorsements. <br />- -- - <br />- - <br />MIN <br />-- - <br />I! -_ <br />- - -- --- - -- -ii-- <br />.-- <br />I-- <br />1.7-6 Reduction in Coverage/Material Changes. Permittee will notify City <br />�nrJ C�orloiol"nmon+ Agee -Gy thirty (30) days prior to any reduction in any of <br />the insurance coverage required pursuant to Permittee's Event Permit, or any <br />material changes to the respective insurance policies. <br />2. Indemnification. Permittee will defend, indemnify and hold harmless the City <br />RCity RedevelepmeRt AgeREythe--city, of Redwood City and itsthe4 <br />officers, agents, employees., and volunteers from and against all claims, damages, <br />losses and expenses including attorney fees arising out of the events conducted <br />pursuant to the Event Permit, caused in whole or in part by the willful misconduct or <br />any negligent act or omission of the Perm ittee,_—,any subcontractor, anyone directly <br />or indirectly employed by any of them or anyone for whose acts any of them may be <br />liable, except where caused by the active negligence, sole negligence, or willful <br />misconduct of City and/or Redevelopment AgeRG\/ <br />Any reasonable payment, attorney's fee, cost or expense City a;d/or <br />Redevelopment AnonG, incurs or makes to or on behalf of an injured employee <br />under the City's self-administered workers' compensation is included as a loss, <br />expense or cost, and this section will survive the expiration or early revocation of <br />the Event Permit. <br />Page 19 of 26 <br />257 <br />