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C o <br /> <br />If the Parties have not executed a Redevelopment <br />Con~ract by August 1, 1997. <br /> <br /> Section 5.2. Effect. The Parties agree that upon <br />termination of this Agreement they shall have no further <br />obligation to each other except as provided for in this Agreement <br />and the Par~ies further agree to execute any document reasonably <br />necessary to give effect to a termination. <br /> <br />Section 6.1. Additional Provisions: <br /> <br />A. The Redeveloper shall not assign this Agreement. <br /> <br />The Redeveloper shall hold the Authority and the City, <br />their agents, officers and employees harmless from any <br />of the Redeveloper's acts or the acts of those <br />operating under its direction with regard to marketing, <br />development, construction, sale and all other <br />activities contemplated by this Agreement. <br /> <br />The Parties are not partners in the development of the <br />Minimum Improvements or in any activities contemplated <br />by the Agreement. <br /> <br />m o <br /> <br />If requested by the Authority, the Redeveloper shall <br />provide evidence of a general liability insurance <br />policy in an amount of one million ($!,000,000) per <br />person and two million ($2,000,000) per occurrence <br />naming the City and the Authority as insured parties <br />and which requires a 30-day written notice of <br />cancellation to the City and the Authority. <br /> <br /> iN WITNESS WHEREOF, the Authority has caused this Agreement <br />to be duly executed in its name and behalf and the Redeveloper <br />has caused this Agreement to be duly executed on or as of the <br />date first above written. <br /> <br /> <br />