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17. Insurance. During the term of this Agreement, LICENSEE shall maintain the following <br />insurance coverage. The insurance carrier is required to maintain an A.M. Bet rating of <br />not less than 'AMI": <br />A. Commercial General Liability Insurance. Commercial general liability <br />insurance written on an occurrence basis, on a form that provides coverage at least as <br />broad as form ISO CG 00 01 covering the insured with a duty to defend against claims of <br />bodily injury, personal injury and property damage arising out of LICENSEE's activities <br />(which shall include the Activities described in Section 4 above), assumed liabilities, or <br />use of the City Property, including contractual liability coverage for the performance by <br />LICENSEE of the indemnity agreements set forth in this Agreement, and coverage for <br />damage to the City Property (including all improvements in LICENSEE's care, custody, <br />or control), for limits of liability not less than: <br />Bodily Injury, Personal Injury and Property Damage: <br />$1,000,000 each occurrence and $2,000,000 annual aggregate <br />B. Automobile Liability Insurance. Automobile liability insurance policy in insurance <br />form CA 0001 with a minimum limit of not less than $1,000,000 per accident. Coverage <br />shall be applicable to all owned, hired or non -owned vehicles on the City Property. <br />C. Workers' Compensation and Employers' Liability. Workers' compensation policy <br />written in accordance with the laws of the State of California. This policy shall <br />include Employer's liability coverage with limits not less than $1,000,000 per <br />occurrence. LICENSEE shall submit to City, along with the certificate of <br />insurance, a Waiver of Subrogation endorsement in favor of City, its officers, <br />agents, employees, and volunteers. <br />D. Damage to LICENSEE Property. LICENSEE hereby waives any recovery of <br />damages against CITY (including its employees, officers, directors, agents, or <br />representatives) for loss or damage to any structures, tenant improvements and <br />betterments, fixtures, equipment, and any other personal property. <br />E. Other. <br />1) The minimum limits of policies of insurance required of LICENSEE under <br />this Agreement shall in no event limit the liability of LICENSEE under this Agreement. <br />Such insurance shall: (i) name CITY as an additional insured; (ii) be primary insurance <br />as to all claims thereunder and provide that any insurance carried by CITY is excess and <br />is non-contributing with any insurance requirement of LICENSEE; (iii) provide that such <br />insurance shall not be canceled or coverage changed unless thirty (30) days' prior <br />written notice shall have been given to CITY; and (iv) contain a waiver of subrogation <br />and cross -liability endorsement or severability of interest clause acceptable to CITY. <br />LICENSEE shall deliver certificates thereof on or before the Commencement Date and <br />delivery of such policy or policies shall be a prerequisite to and condition of LICENSEE's <br />right to use the City Property pursuant to this Agreement. <br />2) For all liability policies required above, LICENSEE shall cause CITY to <br />be named as a Certificate Holder on Accord -25 Certificates of Insurance that contain <br />language requiring 30 days written notice to CITY in the event of cancellation or material <br />change in any scheduled policy. <br />REV: 06-25-2020 PR <br />ATTY/AGR.2020.107/SC Redwood City, LLC (Page 7 of 13) <br />