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6.2 If during the month-to-month extension period the Contractor <br />notifies the City that it desires to continue the Agreement, <br />the Contractor must submit, in writing, any proposed changes <br />in the terms and conditions of the Agreement, including rate <br />increases. After receipt of the Contractor's proposed <br />extension of this Agreement, the City shall approve or <br />disapprove of the proposed extension on or before thirty (30) <br />days after receipt of the Contractor's proposal. <br />VII <br />E ~PERFOR <br />7.1 All terms and conditions of this Agreement are considered to <br />be material and a failure to perform or a breach of any <br />condition, term or provision of any part of the Agreement <br />shall be considered a default constituting grounds for <br />termination or other default relief by either party of this <br />Agreement. Should either party fail to perform any of its <br />contractual obligations, the other party shall give the other <br />party fifteen days written notice by certified mail, with <br />opportunity to cure the default. The notice shall set forth <br />the causes and reasons for the proposed termination and <br />cancellation. The failure of either party to give notice <br />shall not be deemed a waiver of subsequent defaults or failure <br />to perform. <br />7.2 In the event that either party is delayed or prevented from <br />continuing in the performance of this Agreement by reason of <br />an Act of God, catastrophe, riot, war, governmental .order or <br />regulation, strike or other similar or different contingency <br />beyond the control of the affected party, said party shall not <br />be liable for damages arising solely out of such contingency. <br />VIII <br />URANCE AND INDEMNIf'ICATIO <br />8.1 The Contractor shall, at its own expense, maintain in full <br />force and effect during the term of this Agreement Employer's <br />Liability, Worker's Compensation, Public Liability and <br />Property Damage insurance. All insurance shall be by insurers <br />.licensed to do business in the State of Texas. The Contractor <br />shall furnish the City certificates of insurance or other <br />evidence satisfactory to the City to the effect that such <br />insurance has been procured and is in force. The certificates <br />shall name the Contractor and the City as insured parties. <br />The certificates shall contain the following express <br />obligations: <br />PAGE 4 OF 7 <br />