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DO NOT RECORD <br />Licensee shall protect, defend, indemnify and save and hold harmless Licensor, its <br />officers, officials, employees, and agents from and against any and all liability, loss, <br />damage, expenses, costs (including without limitation costs and fees of litigation of any <br />nature) arising out of or in connection with Licensee's performance of this Agreement or <br />Licensee's failure to comply with any of Licensee's obligations contained in the <br />Agreement by Licensee, its officers, agents or employees except such loss or damage <br />which was caused by the sole negligence or willful misconduct of Licensor. In the event <br />Licensor is named as codefendant, Licensee shall notify Licensor of such fact and shall <br />represent Licensor in such legal action unless Licensor undertakes to represent itself as <br />codefendant in such legal action, in which event Licensor shall bear its own litigation <br />costs, expenses and attorney's fees. Licensee further agrees to indemnify, hold harmless, <br />and pay all costs for the defense of the Licensor, including fees and costs for special <br />counsel to be selected by Licensor, regarding any action by a third party challenging the <br />validity of this Agreement, or asserting that personal injury, damages, just compensation, <br />restitution, judicial or equitable relief due to personal or property rights arises by reason <br />of the terms of, or effects arising from this Agreement. Licensor may make all <br />reasonable decisions with respect to its representation in any legal proceeding. <br />Section 4.02 Insurance <br />In addition to the Licensee's covenant to indemnify and hold harmless Licensor, Licensee <br />shall obtain and furnish to Licensor, a policy of general public liability insurance, <br />commercial general liability insurance including motor vehicle coverage covering the <br />License Area. The policy shall indemnify Licensee and Licensor, their officers, agents <br />and employees, while acting within the scope of their duties, against any and all claims <br />arising out of or in connection with the License Area, and shall provide coverage in not <br />less than the following amount: combined single limit bodily injury, personal injury and <br />property damage, liability, of $3,000,000 per occurrence. The City also requires an <br />Additional Insured Endorsement, as attached and incorporated herein as Exhibit D. The <br />policy shall name Licensor, its agents, officers, employees and volunteers as Additional <br />Insureds, and shall specifically provide that any insurance coverage which maybe <br />applicable to the License Area shall be deemed excess coverage and that Licensee's <br />insurance shall be primary. Under no circumstances shall the above-mentioned insurance <br />contain a "deductible" or any other similar form of limitation on the required coverage. <br />Licensee is required to give the Licensor no less than thirty (30) days notice of <br />cancellation or reduction in coverage. No cancellation provision in any insurance policy <br />shall be construed in derogation of the continuous duty of Licensee to furnish insurance <br />during the term of this Agreement. <br />Section 4.03 Property Insurance <br />Licensee shall provide to Licensor, before entering the License Area, and shall maintain <br />in force during the entire term of this Agreement, property insurance with extended <br />coverage endorsements thereon, on the License Area in an amount equal to the full <br />replacement cost and/or value thereof; this policy shall contain a replacement cost <br />4 <br />250-6 <br />