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Last modified
1/7/2020 4:34:22 PM
Creation date
1/7/2020 4:32:19 PM
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Contracts
Company Name
LA CLIPPERS
Contract #
N-2020-002
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Expiration Date
12/16/2020
Insurance Exp Date
1/1/1900
Destruction Year
2025
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$1,000,000 per occurrence with coverage up to $5 million per occurrence through <br />an umbrella policy, Such insurance shall (a) name the CITY, its officers, <br />employees, agents, volunteers and representatives as additional insured(s); (b) be <br />primary with respect to insurance or self-insurance programs maintained by the <br />City; and (e) contain standard separation of insureds provisions. <br />b. Worker's Compensation Insurance. In accordance with the California Labor Code, <br />Clippers are required to be insured against liability for worker's compensation or to <br />undertake self-insurance. Prior to commencing the performance of the Services under this <br />Agreement, Clippers agree to obtain and maintain any employer's liability insurance with <br />limits not less than $1,000,000 per accident. <br />C. The following requirements apply to the insurance to be provided by Clippers <br />pursuant to this Section: <br />(i) Clippers shall maintain all insurance required above in full force and effect <br />for the Terris. <br />(ii) Certificates of insurance shall be furnished to the City upon execution of <br />this Agreement and shall be approved by the City. <br />(iii) Certificates and policies shall state that the policies shall not be cancelled <br />or reduced in coverage by Clippers without thirty (30) days' prior written <br />notice to the City. <br />(iv) Clippers shall supply City with a fully executed additional insured <br />endorsement. <br />d. If Clippers fail or refuse to produce or maintain the insurance required by this <br />Section or fail or refuse to furnish the City with required proof that insurance has <br />been procured and is in force and paid for, the City shall have the right, at the City's <br />election, to forthwith terminate this Agreement. Such termination shall not affect <br />Clippers' right to be paid for its time and materials expended prior to notification <br />of termination. <br />10. REPRESENTATIONS & WARRANTIES <br />Each Party hereto represents and warrants to the other Party that: (a) it has the power and <br />authority to execute, deliver and perform this Agreement in accordance with its terns; (b) the <br />consummation of the transactions contemplated herein have been duly authorized by all requisite <br />corporate action on the part of each Party hereto and does not and will not violate any provision <br />of law or constitute a default under any agreement or other instrument by which such Party is <br />bound; and (c) this Agreement, when executed by the undersigned on behalf of the respective <br />Parties, shall constitute valid and legally binding obligation of the Parties, enforceable in <br />accordance with its terms. <br />Page 4 of 10 <br />
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