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licenses and permits to conduct business pursuant to this Contract from the federal <br />government, State of Ohio or municipalities when legally required and maintain same in <br />full force and effect during the term of this Contract. <br />SECTION 10: INSURANCE <br />A) Vehicle Insurance. The Contractor shall obtain and maintain during the term of this <br />Contract $1,000,000 primary automobile liability insurance coverage and a $2,000,000 <br />excess automobile liability coverage. The Contractor shall supply the Recipient with a <br />copy of certificate of insurance showing such minimum liability insurance coverage <br />prior to the time this Contract is executed and on each renewal date. Said policy shall <br />contain a provision that the Recipient shall be given thirty (30) days written notice of <br />cancellation. <br />B) General Liability Insurance. Contractor shall obtain Comprehensive General Liability <br />insurance for $1,000,000. Said coverage shall be "broad form" and shall specifically <br />cover contractual liabilities including the hold harmless provisions of this Contract. <br />Prior to the star of service under this Contract, the Contractor shall provide the <br />Recipient a certificate of insurance, specifying coverage as required in this parttgmph. <br />Said policy shall contain a provision that the Recipient shall be given thirty (30) days <br />written notice of cancellation. <br />SECTION 11: INDEMNIFICATION/LIMITS OF LIABILITY <br />To the full extent of the available insurance under Section 10, only, the Contractor will <br />derend, indemnify, and hold Recipient and its employees and agents harmless from and <br />against all claims, liabilities, losses, damages, fines, penalties, payments, costs, and expenses <br />caused by and resulting from (i) the negligent or intentional misconduct of the Contractor or <br />its employees and agents, or (ii) any violation of applicable laws or regulations by the <br />Contractor or its employees and agents. <br />TO "Ilii1 FULLEST EXTIiN"I" PERM I'I"I-ED BY LAW, IN NO EVENTSI IA LL 1:1111ER <br />PARTY BE LIABLE '1"0 THE OTHL'11 FOR ANY CLAIM FOR ANY INDIRECT, <br />WILLFUL, PUNA"IVE, INCIDENTAL, EXEMPLARY. SPECIAL OR <br />CONSEQUENTIAL DAMAGES, FOR LOSS OF GOODWILL, FOR LOSS OF <br />BUSINESS PROFITS, OR DAMAGES FOR LOSS OF BUSINESS, OR LOSS OR <br />INACCURACY OP DATA OF ANY KIND, OR OTHER INDIRECT ECONOMIC <br />DAMAGES, WHE'THE'R BASED ON CONTRACT, NEGLIGENCE, TORT <br />(INCLUDING STRICT LIABILITY) OR ANY OTHER LEGAL THEORY, EVEN IF <br />SUCH PARTY HAS BEEN ADVISED OR HAD REASON TO KNOW OF THE <br />POSSIBILITY OF SUCH DAMAGES IN ADVANCE. <br />SECTION 12: RECORDS <br />The paries shall maintain such financial and other records pertaining to this Contract as may <br />be prescribed by applicable federal and state laws, rules, and regulations. The parties shall <br />retain these records fora period orthree (3) years after final payment. <br />Upon reasonable request, these records shall be made available during the term of the <br />Contract and the subsequent three-year period far examination by the paries. <br />SECTION 13: TERMINATION <br />Either Party may terminate this Contract for any reason, or for no reason, upon ninety (90) <br />days' advance written notice to the other Party. Further, Recipient acknowledges and agrees <br />that Contractor's operations are dependent upon and funded in substantial part by quasi - <br />STC and North Olmsted contract 2024 <br />