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4) With regard to the liability insurance policies required above, such insurance policies shall name CITY as an additional insured on endorsements ISO CO 20 10 10 01 and CO 20 37 10 01, or broader, with completed operations coverage. 5) All policies required hereunder shall provide for the following: (i) name as additional insureds the CITY and its officers, agents and employees; (ii) specify that such policies are primary insurance to any other insurance available to the additional insureds, with respect to any claims arising out of this License and that insurance applies separately to each insured against whom claim is made or suit is brought, except with respect to the insurer's limit of liability, and (iii) include a waiver of subrogation endorsement or provision wherein the insurer acknowledges acceptance of LICENSEE's waiver of claims against CITY. Such policies shall also provide for severability of interests and that an act or omission of one of the named insureds which would void or otherwise reduce coverage shall not reduce or void the coverage as to any insured, and shall afford coverage for all claims based on acts, omissions, injury or damage which occurred or arose (or the onset of which occurred or arose) in whole or in part during the policy period. Sudden and accidental pollution coverage in the liability policies required hereunder shall be limited to losses resulting from LICENSEE's activities (and LICENSEE's Agents and Invitees) under this License (excluding nonnegligent aggravation of existing conditions with respect to Hazardous Materials). 6) Prior to the Commencement Date of this License, LICENSEE shall deliver to CITY certificates of insurance and additional insured policy endorsements from insurers in a form satisfactory to CITY, evidencing the coverages required hereunder, together with complete copies of the policies at CITY's request. In the event LICENSEE shall fail to procure such insurance, or to deliver such policies or certificates, CITY may procure, at its option, the same for the account of LICENSEE, and the cost thereof shall be paid to CITY within five (5) days after delivery to LICENSEE of bills therefore. 7) Should any of the required insurance be provided under a form of coverage that includes a general annual aggregate limit or provides that claims investigation or legal defense costs be included in such general annual aggregate limit, such general aggregate limit shall double the occurrence or claims limits specified above. 8) Should any of the required insurance be provided under a claims made form, LICENSEE shall maintain such coverage continuously throughout the term of this License and, without lapse, for a period of three (3) years beyond the License expiration or termination, to the effect that should any occurrences during the License term give rise to claims made after expiration or termination of the License, such claims shall be covered by such claims-made policies. 9) LICENSEE's compliance with the provisions of this Section shall in no way relieve or decrease LICENSEE's indemnification obligations under this License or any of LICENSEE's other obligations hereunder. Notwithstanding anything to the contrary in this License, this License shall terminate immediately, without notice to LICENSEE, upon the lapse of any required insurance coverage. LICENSEE shall be responsible, at its expense, for separately insuring LICENSEE's personal property. 19. Entire Aareement: Severabilitv. This Agreement contains the sole and complete agreement between the parties relating to the Sublicense Area and the License. This Agreement may not be changed orally and may be amended only by an agreement in writing ATTY/AGR/2013.107DOCKTOWN YACHT CLUB SUBLICENSE AGREEMENT REV:08-21-13 VR Page 9 of 12