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The City shall indemnify and hold harmless the Association, its officers, directors, agents, and employees from <br />be asserted against or incurred by the Association arising, directly or indirectly from any activities conducted <br />or services performed by the City pursuant to this agreement, or from any event occurring on the premises <br />owned by the City during any period in which activities are being performed, conducted, or sponsored on the <br />premises by the City. <br />VIII. <br />The Association shall keep and maintain during the term of this agreement, a comprehensive general liability <br />policy, with the City named as Additional Named Insured, with limits of liability of not less than Two Million <br />Dollars ($2,000,000.00) combined single limit bodily injury and property damage per occurrence, with a <br />minimum deductible of One Thousand ($1,000.00) per occurrence. Thirty (30) days prior notice of policy <br />cancellation shall be provided to the City. Effective policy must not exclude parti <br />scheduled or unscheduled activities at the facilities, including third party rentals. Other policy exclusions are <br />permissible, provided that they do not contradict the terms of this Agreement. The Association shall furnish <br />the City with a Certificate of Insurance evidencing such coverage prior to execution of this Agreement. Such <br />insurance shall include contractual liability insuring the indemnity agreements contained in this Agreement. <br />Rentals for Rough Stock Events will require a Rough Stock Rider policy with limits of liability of not less than <br />$1,000,000 combined single limit bodily injury and property damage per occurrence, with a minimum <br />deductible of One Thousand ($1,000.00) per occurrence to be provided in addition, by the Renter with the City <br />of La Porte . The Association shall furnish the City with a Certificate of <br />Insurance evidencing such coverage by the Renter for Rough Stock Events, prior to the event. <br />IX. <br />The Association shall not assign, transfer, convey, sublet or otherwise dispose of the Agreement, or any part, <br />to any person, partnership, company, corporation, club or association without prior written consent of the <br />City of La Porte. <br />X. <br />This instrument contains the entire Agreement between the parties relating to the rights granted in the <br />Agreement and the obligations assumed as a part of the Agreement. Any representations or modifications <br />concerning this Agreement shall have no force or effect unless modified in writing, and signed by each party to <br />the Agreement. <br />XI. <br />This Agreement shall remain in effect for a term of Ten (10) ich primary term shall <br />commence upon the execution of this Agreement by both parties thereto. At the end of the primary term of <br />this Agreement, both the City and the Association have the option to continue the Agreement for two (2) <br />additional five (5) year terms. Such option shall be executed in writing by the President of the Association and <br />the City Manager or his designee, no later than 30 days before the expiration of the primary term. Should <br />Page 5 of 9 <br /> <br /> <br />