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15. INDEMNIFICATION PROCEDURES. <br /> a. Notice of Claims. If CLIENT, or VENDOR receives notice of any claim or circumstances, <br /> which could give rise to an indemnified loss, the receiving party shall give written notice to <br /> the other parties within 10 days. The notice must include the following: <br /> i. a description of the indemnification event in reasonable detail, and <br /> ii. the basis on which indemnification may be due, and <br /> iii. the anticipated amount of the indemnified loss. <br /> This notice does not stop or prevent CLIENT from later asserting a different basis for <br /> indemnification or a different amount of indemnified loss than that indicated in the initial <br /> notice. If CLIENT do not provide this notice within the 10 day period, it does not waive <br /> any right to indemnification except to the extent that VENDOR is prejudiced, suffers loss, <br /> or incurs expense because of the delay. If VENDOR does not provide this notice within the <br /> 10-day period, it does not waive any right to indemnification except to the extent that <br /> CLIENT is prejudiced, suffers loss or incurs expenses because of the delay. <br /> b. Defense of Claims. <br /> i. Assumption of Defense. VENDOR may assume the defense of the claim at its own <br /> expense. If VENDOR assumes the defense of the claim, VENDOR shall then <br /> control the defense and any negotiations to settle the claim. VENDOR shall notify <br /> CLIENT of any and all offers to settle the claim. <br /> ii. Continued Participation. If VENDOR elects to defend the claim, CLIENT may <br /> retain separate counsel to participate in (but not control) the defense and to <br /> participate in (but not control) any settlement negotiations. VENDOR may settle the <br /> claim without the consent or agreement of the CLIENT, unless it (1) would result in <br /> injunctive relief or other equitable remedies or otherwise require CLIENT to comply <br /> with restrictions or limitations that adversely affect CLIENT, (2) would require <br /> CLIENT to pay amounts that VENDOR does not fund in full, or(3) would not result <br /> in CLIENT's full and complete release from all liability to the plaintiffs or claimants <br /> who are parties to or otherwise bound by the settlement. <br /> 16. Insurance. <br /> a. VENDOR shall maintain in effect certain insurance coverage, which is described as <br /> follows: <br /> 1RIESPRO <br /> Master Service Agreement Page 11 <br />