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(it) Certificates of insurance shall be furnished to the City upon execution of <br />this Agreement and shall be approved 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 (30) days prior written notice to the City. <br />C. If Contractor 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 <br />procured and is in force and paid for, the City shall have the right, at the City's election, <br />to terminate this Agreement, Such termination shall not affect Contractor's right to be <br />paid for its time and materials expended prior to notification of termination. Contractor <br />waives the right to receive compensation and agrees to indemnify the City for any work <br />performed prior to approval of insurance by the City. <br />6. INDEMNIFICATION AND HOLD HARMLESS <br />Contractor agrees to and shall defend, indemnify and hold harmless the City, its officers, <br />agents, employees, consultants, special counsel, and representatives from liability. (1) for <br />personal injury, damages, just compensation, restitution, judicial or equitable relief arising out of <br />claims for personal injury, including death, and claims for property damage, which may arise <br />from the operations of the Contractors or its subcontractors, agents, employees, or other persons <br />acting on their behalf which relates to the services described in section I of this Agreement; and <br />(2) from any claim that personal injury, damages, just compensation, restitution, judicial or <br />equitable relief is due by reason of the terms of or effects arising from this Agreement. This <br />indemnity and hold harmless agreement applies to all claims for damages, just compensation, <br />restitution, judicial or equitable relief suffered, or alleged to have been suffered, by reason of the <br />events referred to in this Section or by reason of the terms of, or effects, arising from this <br />Agreement. Contractor further agrees to indemnify; hold harmless, and pay all costs for the <br />defense of the City, including fees and costs for special counsel to be selected by the City, <br />regarding any action by a third party challenging the validity of this Agreement, or asserting that <br />personal injury, damages, just compensation, restitution, judicial or equitable relief due to <br />personal or property rights arises by reason of the terms of, or effects arising fron this <br />Agreement, City may make all reasonable decisions with respect to its representation in any <br />legal proceeding. <br />7. CONFLICT OF INTEREST CLAUSE <br />Contractor covenants that it presently has no interests and shall not have interests, direct <br />or indirect, which would conflict in any manner with performance of services specified under <br />this Agreement. <br />