TRI VALLEY MASTERS - THE AQUATIC CENTER RENTAL AGREEMENT

5 DBAC by the Masters and TVMers. a) City shall not be liable for any Masters debts, lost revenues, or lost profits in any way connected with the use of the DBAC by Masters, or City’s cancellation of Masters use of the DBAC as provided in Section 1.b), above. 11) Insurance. Masters shall maintain throughout the term of this Agreement insurance against claims for injuries to persons or damages to property which may arise from or in connection with Masters, TVMers or Masters invitees use of the DBAC. Masters shall provide City with a certificate of insurance and an additional insured endorsement that names the City of Pleasanton, its officers, employees, agents and volunteers as additional insured. The cost of such insurance shall be borne by Masters. The insurance shall include the following: a) Minimum Limits of Insurance - Masters shall maintain insurance with limits no less than: i) General Liability: Two Million Dollars ($2,000,000) combined limit for bodily injury and property damage. ii) Workers' Compensation: Workers' Compensation Insurance for all of Masters employees, all in strict compliance with State laws, and to protect the City from any and all claims. b) Other Insurance Provisions - The general liability policy shall contain or be endorsed to contain. the following provisions: i) Masters insurance shall be the primary insurance with respect to City, its officers, officials, employees, agents, and volunteers, except for claims arising from the sole negligence of City. ii) Coverage shall state that Masters insurance shall apply separately to each insured against whom a claim is made, or suit is brought, except with respect to the limits of Masters liability. c) The specific coverage obligations set forth in this Section 10 are minimums only, and the Masters shall have the obligation to provide the minimum coverages stated in this Agreement or such greater or broader coverage, if available in the Masters policies. d) The Certificate of Insurance shall provide in writing that the insurance afforded by this Certificate shall not be suspended, voided, canceled, reduced in coverage or in limits without providing notice to the City in accordance with California Insurance Code section 677.2 which requires the notice of cancellation to: 1) include the effective date of the cancellation; 2) include the reasons for the cancellation; and 3) be given at least 30 days prior to the effective date of the cancellation, except that in the case of cancellation for nonpayment of premiums or for fraud, the notice shall be given no less than 10 days prior to the effective date of the cancellation. Notice shall be sent by Docusign Envelope ID: 661F3B0B-CAA6-4E4F-94AF-0DD332936F6D