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25A - AGMT W/ VERIZON
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25A - AGMT W/ VERIZON
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Last modified
11/25/2020 12:13:49 PM
Creation date
11/25/2020 12:06:21 PM
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City Clerk
Doc Type
Agenda Packet
Agency
Information Technology
Item #
25A
Date
12/1/2020
Destruction Year
2025
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Purchasing Entity's transferee. <br />20. License of Embedded Software <br />Contractor grants to the Purchasing Entity a non-exclusive, royalty free, perpetual license to use <br />the Embedded Software to achieve the purposes of the Master Agreement. <br />General Provisions <br />21.Insurance <br />a. Unless otherwise agreed in a Participating Addendum, Contractor shall, during the term of this <br />Master Agreement, maintain in full force and effect, the insurance described in this section. <br />Contractor shall acquire such insurance from an insurance carrier or carriers licensed, authorized <br />or permitted to conduct business in each Participating Entity's state and having a rating of A-, <br />Class VII or better, in the most recently published edition of A.M. Best's Insurance Reports. <br />Failure to buy and maintain the required insurance may result in this Master Agreement's <br />termination or, at a Participating Entity's option, result in termination of its Participating <br />Addendum. <br />b. Coverage shall be written on an occurrence basis. The limits shall be as indicated below: <br />(1) Commercial General Liability including premises operations, independent contractors, <br />products and completed operations, blanket contractual liability, personal injury), <br />advertising liability bodily injury (including death) and property damage, with a limit of $1 <br />million per occurrence and $2 million general aggregate; unless otherwise required by <br />State law. <br />(2) Workers Compensation in compliance with the statutory requirements of the state(s) <br />of operation and Employers Liability with a limit of $1 million each <br />accident/disease/policy limit insurance requirements. <br />c. Contractor shall pay premiums on all insurance policies. Upon receipt of notice from its <br />insurer(s) Contractor shall provide thirty (30) days' prior written notice of cancellation to a <br />Participating Entity. <br />d. Prior to commencement of performance, Contractor shall provide to the Lead State a <br />certificate of insurance reasonably acceptableto the Lead Statethat (1) includes the Participating <br />States identified in the Request for Proposal as additional insureds as their interest may appear <br />under this Agreement, (2) the blanket additional insured endorsement, (3) provides that written <br />notice of cancellation shall be delivered in accordance with the policy provisions, and (4) provides <br />that the Contractor's liability insurance policy shall be primary, with any liability insurance of any <br />Participating State as secondary and noncontributory. Unless otherwise agreed in any <br />Verizl25XI41 A <br />
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