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<br />4. In addition, if the Team is not the principle holder of the provided policy of <br />insurance, then the Team must also be named as an additional insured under the <br />policy. <br /> <br />Any policy of insurance tendered for compliance with this Agreement must cover <br />the participants of the activities subject to this agreement. <br /> <br />VII. Indemnity <br /> <br />The Team will indemnify, hold harmless and defend the City and its employees, <br />agents, officers and servants from any and all lawsuits, claims, demands and causes of <br />action of any kind arising from the negligent or intentional acts or omissions of the <br />Team, its officers, participants, employees or agents. This will include, but not be <br />limited to, the amounts of judgments, penalties, interest, court costs, reasonable legal <br />fees, and all other expenses incurred by the City arising in favor of any party, including <br />the amounts of any damages or awards resulting from claims demands and causes of <br />action for personal injuries, death or damages to property. This obligation by the Team <br />will not be limited by reason of the specification of any particular insurance coverage in <br />this Agreement. The Team expressly agrees to defend. indemnify and hold <br />harmless the City. its officers. agents. and employees in accordance with this <br />clause regardless of whether the injury or damage is caused in whole or in part <br />by the acts or omissions. including negligence. of the City. its officers. agents or <br />employees or any condition of the leased premises. <br /> <br />VIII. Adherence to Park Rules <br /> <br />The Team agrees that it will comply with all State and local laws and ordinances <br />that pertain to the use of the river and surrounding area, including obtaining any permits <br />necessary for special events. <br /> <br />IX. Notice <br /> <br />Written notice issued pursuant to this agreement shall be provided to the other <br />party by mail or fax at the following address or telephone number: <br /> <br />City of San Marcos <br />c/o City Manager <br />630 E. Hopkins <br />San Marcos, Texas 78666 <br />Phone: (512) 393-8000 <br /> <br />Red River Racing Team <br />c/o Executive Director <br />602 1-35 N <br />San Marcos, Texas 78666 <br />512-203-0093 <br /> <br />x. Termination <br /> <br />Should the Team default in performing any of its responsibilities under this <br />Agreement, the City shall give the Team notice, in Writing, of such default. If the Team <br /> <br />Page 3 of 4 <br />