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bodily injury per person, $1,000,000 aggregate per occurrence, and $50,000 property <br />damage. All policies evidencing insurance required by this paragraph shall name the City <br />and the Contractor as named insureds, and shall insure the City and the Contractor by <br />reasons of any act or omission, including negligence, of the Contractor or of the <br />Contractor's employees or agents in connection with the performance of this Agreement, <br />including claims arising out of the use of or operation of any vehicles used by the <br />Contractor or the Contractor's employees or agents in performing this Agreement. Such <br />policies shall be in form and content satisfactory to the City Attorney and shall be filed <br />with the City Clerk. A certificate showing that the Contractor has in effect the aforesaid <br />insurance covering both the Contractor and the City shall be filed with the City Clerk <br />within ten (10) days from the execution of the Agreement, and yearly thereafter, at least <br />thirty (30) days prior to the date of the expiration of said policies of insurance for each <br />year of the Agreement. All of the foregoing policies shall be issued by an insurance <br />company or companies licensed to do business in the State of Minnesota and authorized <br />to assume the risks covered thereby. Memorandum policies and receipts for the payment <br />of premiums shall be filed with the City showing payment of premiums for at least one <br />year in advance and on each renewal date provided therein. <br />Indemnification <br />The Contractor agrees to indemnify and hold harmless the City, its agents, officers, and <br />employees from any and all claims, causes of action, liabilities, losses, damages, costs, <br />expenses including reasonable attorneys' fees, suits, demands, and judgments of any <br />nature, because of bodily injury to, or death of, any person or persons and /or because of <br />damages to property of the Contractor or others, including loss of use from any cause <br />whatsoever, which may be asserted against the City on account of any act or omission, <br />including negligence, of the Contractor, or the Contractor's employees or agents in <br />connection with the Contractor's performance of this Agreement. The Contractor agrees <br />to defend any action brought against the City on any such matters, and to pay and satisfy <br />any judgment entered thereon together with all costs and expenses incurred in connection <br />therewith. The City shall in no way be liable for any claims or charges incurred by the <br />Contractor in the performance of this Agreement. <br />6. Guaranty of Nondiscrimination <br />The Contractor agrees that during the life of the Agreement, the Contractor will not, <br />within the State of Minnesota, discriminate against any employee or applicant for <br />employment because of race, color, creed, national origin or ancestry, or sex, and will <br />include a similar provision in all subcontracts entered into for the performance thereof. <br />The Agreement may be cancelled or terminated by the City, and all money due or to <br />become due may be forfeited for a second or subsequent violation of the terms or <br />conditions of this paragraph. This paragraph is inserted in the Agreement to comply with <br />the provisions of Minnesota Statutes, § 181.59. <br />7. Assignment and Transfer. <br />a. The Contractor will not make or create, or suffer to be made or created, any total <br />or partial sale, assignment, conveyance, or lease, or any trust or power, or transfer <br />in any other mode or form of or with respect to this Agreement or any part thereof <br />11 <br />