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Letter Agreement — Qing Wei Page 2 12. Commercial General Liability Insurance (CGL). Speaker/Performer shall maintain commercial general liability insurance naming the City, its officers, employees, agents, volunteers and representatives as additional insured(s) and shall include, not be limited to protection against claim arising from bodily and personal injury including death resulting therefrom and damage to property, resulting from any act or occurrence arising out of Speaker/Performer's operations in the performance of this Agreement, including without limitation, acts involving vehicles; The amounts of insurance shall be not less than the following: Insurance Services Office Form CG 00 01 covering CGL on an "occurrence" basis, including property damage, bodily injury and personal and advertising injury with limits no less than $1,000,000 per occurrence. If a general aggregate limit applies, either the general aggregate limit shall apply separately to this project/location (ISO CG 25 03 or 25 04) or the general aggregate limit shall be twice the require occurrence limit. 13. Workers' Compensation. If Speaker/Performer has employees, workers' compensation insurance is required by the State of California, with Statutory Limits, and Employer's Liability Insurance with a limit of no less than $1,000,000 per accident for bodily injury or disease. 14. Broader Coverage. If Speaker/Performer maintains broader coverage and/or higher limits than the minimums shown above, the City requires and shall be entitled to the broader coverage and/or the higher limits maintained by the Speaker/Perfonner. Any available insurance proceeds in excess of the specified minimum limits of insurance and coverage shall be available to the City. 15. Certificates of Insurance. Speaker/Performer shall furnish the City with original Certificates of Insurance including all required amendatory endorsements (or copies of the applicable policy language effecting coverage required) and a copy of the Declarations and Endorsement Page of the CGL policy listing all policy endorsements to City before work begins. The City reserves the right to require complete, certified copies of all required insurance policies, including endorsements affecting the coverage required by these specifications, at any time. 16. Primary Coverage. For any claims related to this contract, the Speaker/Performer's coverage shall be primary insurance coverage at least as broad as ISO CG 20 0104 13 as respects to the City, its officers, officials, employees, agents and volunteers. 17. Waiver of Subrogation. The Insurance Company agrees to waive all rights of subrogation against the City, its elected or appoints officers, officials, agents, and employees for losses paid under the terms of any policy which arise from work performed by the Speaker/Performer for the City. This provision also applies to the Speaker/Performer's Workers' Compensation policy. 18. Cancelation of Insurance Policy. Each insurance policy required shall not be canceled, except with thirty (30) days written notice to the City. 19. Self -Insured Retentions. Self -insured retentions must be declared to and approved by the City. The City may require the Speaker/Perfo Tier to purchase coverage with a lower retention or provide proof of ability to pay losses and related investigations, claim administration, and defense expenses within the retention. The policy language shall provide, or be endorsed to provide that the self -insured retention may be satisfied by either the named insured or City. 20. Acceptability of Insurers. Insurance is to be placed with insurers authorized to conduct business in the state with a current A.M. Best's rating of no less than ANII, unless otherwise acceptable to the City. 21. Claims Made Policies. If any of the required policies provide claims -made coverage: (1) the retroactive date must be shown, and must be before the date of the contract or the beginning of contract work; (2) insurance must be maintained and evidence of insurance must be provided for at least five (5) years after completion of the contract of work; (3) if coverage is canceled or non -renewed, and not replaced with another claims-inade policy form with