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REV: 04-05-24 LF <br />approved by City in writing. These minimum amounts of coverage will not <br />constitute any limitations or cap on Vendor's indemnification obligations under this <br />Master Purchase Agreement. <br />1.1.1 Commercial General Liability Insurance. Vendor will maintain <br />occurrence based coverage with limits not less than $2,000,000 per <br />occurrence. If the submitted policies contain aggregate limits, such limits <br />will apply separately to the Services, project, or location that is the subject <br />of this Master Purchase Agreement or the aggregate will be twice the <br />required per occurrence limit. The Commercial General Liability insurance <br />policy will be endorsed to name the City, its officers, agents, employees and <br />volunteers as additional insureds, and to state that the insurance will be <br />primary and not contribute with any insurance or self-insurance maintained <br />by the City. <br />1.1.2 Workers' Compensation and Employer's Liability Insurance. <br />Vendor will maintain coverage as required by the California Labor Code and <br />Employer’s Liability limits with limits not less than $1,000,000 per each <br />accident for bodily injury or disease. The Worker’s Compensation policy will <br />contain an endorsement stating that the insurer waives any right to <br />subrogation against the City, its officers, agents, employees, and <br />volunteers. <br /> <br />1.2. Notice of Cancellation. This insurance will be in force during the life <br />of the Master Purchase Agreement and any extensions of it and will not be <br />canceled without Vendor providing ten (10) days prior written notice to City sent <br />pursuant to the Notice provisions of this Master Purchase Agreement. <br />1.3 Providing Certificates of Insurance and Endorsements. Prior to <br />City’s execution of this Master Purchase Agreement, Vendor will provide to City <br />certificates of insurance and above-referenced endorsements sufficient to <br />satisfaction of City’s Risk Manager. In no event will Vendor commence any work <br />or provide any Services under this Master Purchase Agreement until certificates <br />of insurance and endorsements have been accepted by City’s Risk Manager. <br />1.4 Failure to Maintain Coverage. If Vendor fails to comply with these <br />insurance requirements, then City will have the option to declare Vendor in breach. <br />1.5 Submission of Insurance Policies. City reserves the right to require, <br />at any time, complete copies of any or all required insurance policies and <br />endorsements. <br />ATTY/AGR.2024.047/BWNVT MOTORS, LLC DBA SERRAMONTE FORD (Page 9 of 9)