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OPEX CORPORATION
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Last modified
10/3/2018 7:56:02 AM
Creation date
10/2/2018 10:41:15 AM
Metadata
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Template:
Contracts
Company Name
OPEX CORPORATION
Contract #
A-2002-031-07
Agency
Finance & Management Services
Expiration Date
6/30/2020
Insurance Exp Date
10/1/2018
Destruction Year
2025
Notes
A-2002-031-06
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b. Worker's Compensation Insurance. In accordance with the provisions of Section <br />3300 of the Labor Code, VENDOR, if VENDOR has any employees, is required to be insured <br />against Liability for worker's compensation or to undertake self-insurance. Prior to commencing <br />the perfo Imance of the work under this AGREEMENT, VENDOR agrees to obtain and maintain <br />any employer's liability insurance with limits not less than $1,000,000 per accident. <br />c. The following requirements apply to the insurance to be provided by VENDOR <br />pursuant to this section: <br />(i) VENDOR shall maintain all insurance required above in full force and <br />effect for the entire period covered by this AGREEMENT. <br />(ii) Certificates of insurance shall be furnished to the City upon execution of <br />this AGREEMENT. <br />(iii) Certificates and policies shall state that the policies shall not be canceled or <br />reduced in coverage or changed in any other material aspect without thirty <br />(30) days prior written notice to the City. <br />d. If VENDOR fails or refuses to produce or maintain the insurance required by this <br />section or fails or refuses to furnish the City with required proof that insurance has been procured <br />and is in force and paid for, the City shall have the right, at the City's election, to forthwith <br />terminate this AGREEMENT. Such termination shall not affect VENDOR's right to be paid for <br />its time and materials expended prior to notification of termination. VENDOR waives the right <br />to receive compensation and agrees to indemnify the City for any work performed prior to <br />approval of insurance by the City. <br />6. INDEMNIFICATION <br />VENDOR agrees to and shall indemnify and hold harmless the City, its officers, agents, <br />employees, VENDORS, special counsel, and representatives from liability for personal injury, <br />damages, just compensation, restitution, judicial or equitable relief arising out of claims for <br />personal injury, including health, and claims for property damage, which may arise from the <br />direct or indirect operations of the VENDOR or its contractors, subcontractors, agents, <br />employees, or other persons acting on their behalf which relates to the services described in <br />section 1 of this AGREEMENT. <br />7. CONFIDENTIALITY <br />If VENDOR receives from the City information which due to the nature of such <br />information is reasonably understood to be confidential and/or proprietary, VENDOR agrees that <br />it shall not use or disclose such information except in the perfomlance of this AGREEMENT, <br />and farther agrees to exercise the same degree of care it uses to protect its own information of <br />like importance, but in no event less than reasonable care. " Confidential Information" shall <br />51 <br />
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