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(i) Sponsor shall maintain all insurance required above in full force and effect
<br />for the entire period covered by this Agreement.
<br />(ii) Certificates of insurance shall be furnished to the City upon execution of
<br />this Agreement and shall be approved in form by the City.
<br />(iii) Certificates and policies shall state that the policies shall not be canceled
<br />or reduced in coverage or changed in any other material aspect without
<br />thirty (3 0) days prior written notice to the City.
<br />e. If Sponsor fails or refuses to produce or maintain the insurance required by this
<br />section or fails or refuses to furnish the City with required proof that insurance has been procured
<br />and is in force and paid for, the City shall have the right, at the City's election, to forthwith
<br />terminate this Agreement. Such termination shall not affect Sponsor's right to be paid for its
<br />tune and materials expended prior to notification of termination. Sponsor waives the right to
<br />receive compensation and agrees to indemnify the City for any work performed prior to approval
<br />of insurance by the City.
<br />6. INDEMNIFICATION
<br />To the fullest extent permitted by law, Sponsor shall indemnify, defend and hold
<br />harmless City, its officers, agents and employees (collectively, the "indemnified parties") from
<br />and 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 manner are related
<br />(directly or indirectly) to this Agreement (including, without limitation, defects in workmanship
<br />and/or materials) or Sponsor's presence or activities at the Events (including the negligent and/or
<br />willful acts, errors and/or omissions of Sponsor, its principals, officers, agents, employees,
<br />vendors, suppliers, contractors, subcontractors, anyone einployed directly or indirectly by any of
<br />them or for whose acts they may be liable for any or all of them). Notwithstanding the foregoing,
<br />nothing herein shall be construed to require Sponsor to indernnify the indemnified parties from
<br />any claim arising from the sole negligence or willful misconduct of the indemnified parties. This
<br />indemnity shall apply to all claims and liability regardless of whether any insurance policies are
<br />applicable. The policy limits do not act as a. limitation upon the amount of indemnification to be
<br />provided by the Sponsor.
<br />7. CONFIDENTIALITY
<br />If Sponsor receives from the City information which due to the nature of such
<br />information is reasonably understood to be confidential and/or proprietary, Sponsor agrees that it
<br />shall not use or disclose such information except in the performance of this Agreement, and
<br />further agrees to exercise the same degree of care it uses to protect its own information of like
<br />importance, but in no event less than reasonable care. "Confidential Information" shall include
<br />all nonpublic information. Confidential information includes not only written infonnation, but
<br />also information transferred orally, visually, electronically, or by other means. Confidential
<br />information disclosed to either party by any subsidiary and/or agent of the other party is covered
<br />by this Agreement. The foregoing obligations of non-use and nondisclosure shall not apply to
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