Agmt20 Redwood City Improvement Association-CBID Operating Agreement

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20.1.2 Business Automobile Liability Insurance. RCIA shall maintain coverage with limits not less than $1,000,000 per each accident for owned, hired and non - owned automobiles. 20.1.3 Workers' Compensation Insurance. RCIA shall maintain coverage as required by the California Labor Code. The Workers' Compensation policy shall contain an endorsement stating that the insurer waives any right to subrogation against the City, its officers, agents, employees and volunteers. 20.1.4 Employer's Liability Insurance. RCIA shall maintain coverage with limits not less than $1,000,000 per each accident for bodily injury or disease. 20.1.5 Professional Liability Insurance. RCIA will maintain coverage with limits not less than $1,000,000 per occurrence. Professional Liability may be written as claims -made coverage. 20.2. Notice of Cancellation. This insurance shall be in force during the life of the Agreement and any extensions of it and shall not be canceled without RCIA providing thirty (30) days prior written notice to City sent pursuant to the Notice provisions of this Agreement. 20.3 Providing Certificates of Insurance and Endorsements. Prior to City's execution of this Agreement, RCIA shall provide to City certificates of insurance and above -referenced endorsements sufficient to satisfaction of City's Risk Manager. In no event shall RCIA commence any work or provide any Services under this Agreement until certificates of insurance and endorsements have been accepted by City's Risk Manager. 20.4 Failure to Maintain Coverage. If RCIA fails to comply with these insurance requirements, then City shall have the option to declare RCIA in breach, or may purchase replacement insurance or pay the premiums that are due on existing policies in order to maintain the required coverages. RCIA is responsible for any payments made by City to obtain or maintain insurance and City may collect these payments from RCIA or deduct the amount paid from any sums due RCIA under this Agreement. 20.5 Submission of Insurance Policies. City reserves the right to require, at any time, complete copies of any or all required insurance policies and endorsements. shall 21. Laws. RCIA shall comply with all laws, statutes, ordinances, rules and regulations of all applicable governmental authorities. 22. Indemnification. 22.1. Scope of IndemnitX. To the fullest extent permitted by law, RCIA shall defend, indemnify and hold the City, its elected officials, officers, directors, employees, agents, volunteers, successors and assigns free and harmless from any and all claims, demands, ATTY/AGR/2020.108/RWC CBID OPERATING AGREEMENT REV: 06-25-2020 MI Page 14 of 18