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-2- IV. Contractor, its officials, agents, and employees agree to indemnify, save and hold harmless City and all officers, agents, and employees of City from and against all liability, damages, claims, losses, demands, suits, judgments, and costs, including reasonable attorney's fees and expenses arising out of or result- ing from the services provided by Contractor pursuant to this agreement, except those arising out of the negligent acts of the officers, agents, and employees of City. V. Prior to the execution of this Contract, Contractor has furnished to City a certificate of insurance which evidences that Contractor is insured with insurance carriers satisfactory to City against any liability which might arise from the under- takings described in this agreement. Said insurance is in minimum limits of One Hundred Thousand Dollars ($100,000.00) per person and Five Hundred Thousand Dollars ($500,000.00) for any single occurrence of bodily injury or death and Three Hundred Thousand Dollars ($300,000.00) for any single occurrence for injury to or destruction of property. Said insurance policy names City as co-insured. Said insurance contains the endorse- ment that such insurance shall not be cancelled or amended with respect to Contractor without thirty (30) days written notice by certified mail, return receipt requested, to City by the insurance company. City shall not be required to pay any premiums on said policies. Any policy herein required to be procured by Contractor shall contain an express waiver of any rights of subrogation by the insurance company against City. The minimum limits of any insurance coverage required herein shall not limit Contractor's liability under Part IV of this Agreement. VI. The Contractor shall give all notices required by, and comply with, all applicable laws, ordinances, and codes of the City of San Marcos and shall, at his own expense, secure and pay the fees or charges for all permits required for the performance of the contract work. VII. Should the terms and conditions of this contract be violated by either party or the purpose of the making of this contract be lost by either party, this contract may be terminated by giving thirty (30) days written notice to the other party citing the reason(s) or violation(s) necessitating termination. This contract shall cease and terminate on the lapse of thirty (30) days.