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3. PARTNERSHIP CONSIDERATION <br /> For its participation as a Partner for the Event, Partner shall provide to the City a <br /> financial contribution in the amount of $10,000.00. Partner shall not be entitled to the <br /> Partnership Benefits under this Agreement, or otherwise participate in the Event, if Partner fails <br /> to provide the$10,000.00 financial contribution described herein. <br /> a. TERM <br /> This Agreement shall commence on the date first written above and terminate on <br /> February 28, 2026, unless terminated as otherwise provided in this Agreement. <br /> S. INDEPENDENT CONTRACTOR <br /> Partner shall, during the entire term of this Agreement, be construed to be an independent <br /> contractor and not an employee of the City. This Agreement is not intended nor shall it be <br /> construed to create an employer-employee relationship, a joint venture relationship, or to allow <br /> the City to exercise discretion or control over the professional manner in which Partner performs <br /> the services which are the subject matter of this Agreement; however, the services to be provided <br /> by Partner shall be provided in a manner consistent with all applicable standards and regulations <br /> governing such services. Partner shall pay all salaries and wages, employer's social security taxes, <br /> unemployment insurance and similar taxes relating to employees and shall be responsible for all <br /> applicable withholding taxes. <br /> 6. INSURANCE <br /> Intentionally omitted. <br /> 7. INDEMNIFICATION <br /> To the fiillest extent permitted by law, Partner shall indemnify, defend and hold harmless <br /> City, its officers, agents and employees (collectively, the "City Indemnified Parties") from and <br /> against any and all claims (including, without limitation, claims for bodily injury, death or <br /> damage to property), demands, obligations, damages, actions, causes of action, suits, losses, <br /> judgments, fines, penalties, liabilities, costs and expenses (including, without limitation, <br /> attorney's fees, disbursements and court costs) of every kind and nature whatsoever <br /> (individually, a "Claim"; collectively, "Claims"), which may arise from or in any manger are <br /> related (directly or indirectly) to Partner's breach of this Agreement or Partner's presence or <br /> activities at the Event (including the negligent and/or willful acts, errors and/or omissions of <br /> Partner, its principals, officers, agents, employees, vendors, suppliers, contractors, <br /> subcontractors, anyone employed directly or indirectly by any of them or for whose acts they <br /> may be liable for any or all of them), Notwithstanding the foregoing, nothing herein shall be <br /> construed to require Partner to indemnify the City Indemnified Parties -from any claim arising <br /> from the negligence or willful misconduct of the City Indemnified Parties, This indemnity shall <br /> apply to all claims and liability regardless of whether any insurance policies are applicable. The <br /> Page 2 of 6 <br />