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<br />C. Automobile Liability. Lessee shall maintain Business Automobile Liability Insurance, <br />including owned, hired, and non-owned automobiles, with a minimum combined single <br />liability limit of $1,000,000 per occurrence. <br />D. Professional (Errors and Omissions) Liability. Lessee shall maintain Professional <br />Liability Insurance for all claims Lessee may become legally obligated to pay resulting <br />from any actual or alleged negligent act, error, or omission related to Lessee’s services <br />provided on or in the Leasehold Property. Lessee is required to carry the following <br />minimum limits: $2,000,000 per occurrence; $4,000,000 annual aggregate. <br />E. Workers’ Compensation. Lessee shall maintain Workers’ Compensation insurance for all <br />its employees in accordance with the statutory requirements of the State of Minnesota. <br />Lessee shall also carry Employer’s Liability insurance with minimum limits as follows: <br /> $500,000 – Bodily Injury by Disease per employee <br /> $500,000 – Bodily Injury by Disease aggregate <br /> $500,000 – Bodily Injury by Accident <br />Section 6.2 Insurance Policies. All insurance required by this Article 6 shall be in form <br />and content satisfactory to the City and taken out and maintained in financially sound and <br />responsible insurance companies selected by Lessee which are authorized under the laws of <br />Minnesota to assume the risks covered thereby. Lessee will deposit annually with the City policies <br />evidencing all such insurance, or a certificate or certificates of insurance or binders of the <br />respective insurers stating that such insurance is in force and effect. Unless otherwise provided in <br />this Article 6, each policy shall contain a provision that the insurer shall not cancel or modify it <br />without giving written notice to Lessee and the City at least thirty (30) days before the cancellation <br />or modification becomes effective or ten (10) days’ written notice for non-payment of premium. <br />Not less than fifteen (15) days prior to the expiration of any policy, Lessee shall furnish the City <br />evidence satisfactory to the City that the policy has been renewed or replaced by another policy <br />conforming to the provisions of this Article 6, or that there is no necessity to do so under the terms <br />of this Lease Agreement. In lieu of separate policies, Lessee may maintain a single policy, blanket, <br />or umbrella policies, or a combination thereof, having the coverage required herein, in which event <br />Lessee shall deposit with the City a certificate or certificates of the respective insurers as to the <br />amount of coverage in force upon the Improvements. Lessee’s policies shall be primary insurance <br />and non-contributory to any other valid and collectible insurance available to the City with respect <br />to any claim arising out of Lessee’s use of the Leasehold Property. <br />Section 6.3 Insurance Proceeds. Lessee will notify the City immediately in the case of <br />damage to, or destruction of, the Improvements or any portion thereof resulting from fire or other <br />casualty. <br />A. If the Improvements or any portion thereof are destroyed by fire or other casualty Lessee <br />shall, within thirty (30) days after such damage or destruction, proceed forthwith to repair, <br />reconstruct and restore the damaged Improvements to substantially the same condition or <br />utility value as they existed prior to the event causing such damage or destruction and, to <br />7 <br />2067394.0015/184093281.2 <br /> <br />