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EXHIBIT F
<br />ASSET MANAGEMENT SERVICES TERMS AND CONDITIONS
<br />Vendor Contracts, CBRE, Inc. ( "Consultant ") shall negotiate contracts on behalf of City with third patty
<br />vendors ( "Vendors ") for the operation, repair, maintenance and servicing of a property, consistent with
<br />industry standards. Such service contracts shall be entered into with Vendors by Consultant as agent for
<br />and in the name of City and terminable with respect to the property on 30 days notice or less, unless
<br />otherwise approved by City ( "Vendor Contracts"), Consultant shall require that any Vendor performing
<br />work on the property maintain insurance satisfactory to City. Consultant shall obtain certificates of
<br />insurance for all such insurance and furnish copies to City upon request. The funds necessary to pay for
<br />such services shall be paid by City.
<br />2. Environmental Risk Management. Notwithstanding anything to the contrary contained herein, City
<br />acknowledges and understands that Consultant is not qualified to (x) evaluate the presence or absence of
<br />hazardous or toxic substances, mold, waste, materials, electromagnetic field, radon, radioactive materials,
<br />or other environmental concerns under applicable law, upon, within, above, or beneath the Property
<br />(collectively, "Hazardous Materials "); (y) maintain or evaluate compliance with environmental, Hazardous
<br />Materials or waste laws, rules and regulations; or (z) conduct or ensure clean-up or remediation of
<br />Hazardous Material spills or contamination. Any environmental assessment report for a property will be
<br />obtained from an independent environmental consultant retained by City. In no event will Consultant make
<br />an independent determination as to the presence or absence of Hazardous Materials, or whether City, the
<br />Property or any particular tenant is in violation or compliance with any laws relating to Hazardous
<br />Materials ( "Hazardous Materials Laws"), Consultant shall have no obligation or liability with respect to
<br />the abatement, clean -up or remediation of any spill of or contamination from any Hazardous Materials
<br />relating to a property. City agrees that, with respect to any abatement, clean-up or remedial action, City
<br />shall employ a qualified and licensed environmental clean-up company to undertake such responsibilities.
<br />3, Insurance
<br />(a) During the Term, Consultant shall maintain 'the following insurance relating to its services
<br />hereunder:
<br />INSURANCE
<br />Workers' Compensation
<br />Employer's Liability
<br />Commercial
<br />General Liability insurance
<br />Business Automobile Coverage
<br />Professional Liability Insurance
<br />Fidelity or Commercial Crime
<br />(Employee Dishonesty)
<br />Umbrella Liability Insurance
<br />LIMITS
<br />$;1,000,000 per accident.
<br />$1,000,000 per accident
<br />$1,000,000 per occurrence/ $2,000,000 annual aggregate
<br />$1,000,000 per accident
<br />$1,000,000 per occurrence/ $2,000,000 amoral aggregate
<br />$2,000,000 per occurrence
<br />$5,000,000 per occurrence and annual aggregate
<br />Consultant may fulfill its liability insurance obligations through any combination of primary and
<br />umbrella coverage. Upon request, Consultant shall famish City certificates of insurance
<br />evidencing the insurance coverage required under this subsection. Should Consultant's insurance
<br />coverage be cancelled or non renewed for any reason, Consultant shall endeavor to provide City 30
<br />days prior written notice of such cancelation or non- renewal.
<br />25G -43
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