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Everett Forward Grant Program | Agreement | Page 3 <br />Compensation act, disability benefit act, or other employee benefit act of any jurisdiction which would <br />otherwise be applicable in the case of such claim. These indemnification obligations shall survive the termination <br />of the Agreement. <br />15. Insurance. <br />A. Upon execution of this Contract, Grantee, at its own cost, shall have procured and will maintain for the <br />duration of this Contract, the minimum insurance as specified below: <br />General Liability: $1,000,000 combined single limit per occurrence for bodily injury, personal injury <br />and property damage <br />B. The Contractor shall furnish the City with a certificate of insurance for the insurance listed above. The City <br />reserves the right to require complete, certified copies of all required insurance policies at any time. <br />C. By requiring such minimum insurance coverage, the City shall not be deemed or construed to have assessed <br />the risks that may be applicable to Grantee under this Contract. Grantee shall assess its own risks and, if it <br />deems appropriate and/or prudent, maintain greater limits and/or broader coverage. <br />D. Nothing contained within these insurance requirements shall be deemed to limit the scope, application <br />and/or limits of the coverage afforded, which coverage will apply to each insured to the full extent provided <br />by the terms and conditions of the policy(s). Nothing contained within this provision shall affect and/or alter <br />the application of any other provision contained within this Contract. <br />E. Coverage shall not be suspended, voided, canceled, reduced in coverage or in limits, until after forty-five <br />(45) days prior written notice, has been given to the City. <br />F. Insurance coverage is to be placed with insurers with a Bests' rating of no less than A: VIII, or, if not rated <br />with Bests', with minimum surpluses the equivalent of Bests' surplus size VIII. <br />G. If at any time any of the foregoing policies fail to meet minimum requirements, Grantee shall, upon notice <br />to that effect from the City, promptly obtain a new policy, and shall submit the same to the City, with the <br />appropriate certificate, for approval. <br />16. Electronic Signature This Agreement may be signed in counterparts, each of which shall be deemed an <br />original, and all of which, taken together, shall be deemed one and the same document. Signature on this <br />Agreement or amendment thereof may be by email, fax, photocopy, pdf or other electronic means, in which <br />case such signatures will be deemed original signatures for all purposes. As one example of this, the Grantee <br />may sign by AdobeSign and the City by scanned or other signature, in which case such signatures by both <br />parties will be deemed original signatures for all purposes. <br />[signatures on following page]