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This agreement serves as a specimen for all agreements referenced in the action to be prepared and executed once approved. <br /> 3. Workers' Compensation. If CONTRACTOR is an "employer", as set forth in <br /> <br /> California Labor Code Section 3300 et seq., or utilizes participants as "employees," as set forth in <br /> California Labor Code Section 3350 et seq., CONTRACTOR shall obtain and keep in force during the <br /> <br /> term of this Agreement full Workers' Compensation insurance coverage for injuries suffered by <br /> <br /> participants. Said insurance policy shall guarantee CITY at least thirty (30) days written notice of <br /> cancellation or modification. CONTRACTOR shall carry medical and accident insurance for those <br /> participants not qualifying as "employees" for Worker's Compensation Coverage, pursuant to <br /> California Labor Code Section 3350, et seq. <br /> 4. Equipment Coverage. CONTRACTOR shall purchase a policy or policies of <br /> insurance covering loss or damage to any and all Equipment provided to or purchased by <br /> CONTRACTOR in accordance with this Agreement. Said insurance shall be in the amount of the full <br /> replacement value thereof, providing protection against the classification of fire, extended coverage, <br /> vandalism, malicious mischief, theft, and special extended perils. Governmental entities may <br /> substitute a certificate of self-insurance. <br /> 5. Proof of Insurance. Certificates and endorsements must be submitted and approved by <br /> CITY prior to any work under this Agreement. CONTRACTOR understands that CITY will make no <br /> payments under this Agreement until the required certificates and endorsements have been approved by <br /> CITY. <br /> IX. <br /> CORPORATE STATUS <br /> All corporate CONTRACTORS shall be in good standing, without suspension by the <br /> California Secretary of State, Franchise Tax Board and Internal Revenue Service. Any change in <br /> corporate status or suspension shall be reported immediately to CITY. <br /> X. <br /> ASSIGNABILITY <br /> None of the duties of, or work to be performed by, CONTRACTOR under this Agreement <br /> shall be subcontracted or assigned to any agency, consultant, or person without the prior written <br /> consent of CITY. CONTRACTOR must submit all subcontracts and other agreements that relate to <br /> this Agreement to CITY. No subcontract or assignment shall terminate or alter the legal obligations of <br /> CONTRACTOR pursuant to this Agreement. <br /> XI. <br /> LAWS GOVERNING THIS AGREEMENT <br /> In its performance under this Agreement, CONTRACTOR shall fully comply with the <br /> requirements of the following, whether or not otherwise referred to in this Agreement: <br /> 1. The Act and all applicable federal statutes, regulations, policies, procedures and directives, <br /> including but not limited to, 20 C.F.R. Parts 652 and 660 through 671. <br /> 2. All applicable State statutes, regulations, policies, procedures and directives; <br /> 2 5A-15 Page 11 of 15 <br /> <br />