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Res 1996-008
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Res 1996-008
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Last modified
6/13/2007 12:41:15 PM
Creation date
6/13/2007 12:41:15 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
1996-8
Date
1/22/1996
Volume Book
122
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<br /> ¿g(j- <br /> 5.2 No Other Damacres. IN NO EVENT SHALL SANDPIPER BE <br /> LIABLE TO CLIENT OR ANY THIRD PARTY FOR LOST PROFITS¡ <br /> CONSEQUENTIAL¡ SPECIAL¡ INCIDENTAL¡ OR PUNITIVE DAMAGES¡ <br /> HOWSOEVER ARISING OUT OF OR RELATED TO THIS AGREEMENT <br /> REGARDLESS OF THE BASIS OF THE CLAIM, WHETHER IN CONTRACT¡ <br /> TORT ¡ STRICT LIABILITY OR OTHER LEGAL OR EQUITABLE THEORY <br /> WHETHER OR NOT SANDPIPER HAS BEEN ADVISED OF THE POSSIBILITY <br /> OF SUCH DAMAGES. <br /> 5.3 Indemnification BY Client. Client shall indemnify <br /> Sandpiper and hold it harmless from any losses, costs, expenses, <br /> damages¡ and liabilities, including without limitation, <br /> reasonable attorneys fees and court costs, relating to any claim <br /> by any third party arising from or related to this Agreement. <br /> For purposes of this Paragraph 5.3, the indemnification of <br /> Sandpiper shall include the indemnification of Sandpiper's <br /> employees, agents, affiliates and third parties performing <br /> services for Client on behalf of Sandpiper. <br /> .'. <br /> 5.4 Procedure for Indemnification. In the event any third <br /> party asserts any claim against Sandpiper with respect to any <br /> matter to which the indemnification of Paragraph 5.3 is <br /> applicable¡ Sandpiper shall give notice to Client of such claim <br /> and Client shall have the right at its election to take over the <br /> defense or settlement of such claim at its own expense by giving <br /> notice of such election in writing to Sandpiper.' If Client does <br /> not give notice and does not proceed to diligently defend such <br /> third party claim within thirty (30) days after notice from <br /> Sandpiper, Client shall have no further right to defend such <br /> claim or participate in the negotiation of any settlement but <br /> shall reimburse Sandpiper for all losses, costs¡ expenses, <br /> damages, and liabilities, including without limitation, <br /> reasonable attorneys' fees and court costs related to the defense <br /> or settlement of such claim. Sandpiper must be a party to any <br /> settlement agreement which includes an admission of liability, <br /> any obligation to perform or re.frain from performing any act <br /> (other than payment of amounts in settlement) or the imposition <br /> of fines or other monetary obligations upon Sandpiper. <br /> ARTICLE 6 - CONFIDENTIALITY <br /> 6.1 Client's Ob1iQations. Client agrees that the <br /> Proprietary Information and the contents of this Agreement <br /> (collectively "Confidential Information") are and \ shall be <br /> treated as the confidential information of Sandpiper. Client <br /> shall exercise at least the same degree of care to safeguard the <br /> confidentiality of the Confidential Information as Client would <br /> exercise with respect to Client's own confidential information. <br /> Client may not duplicate¡ sell or disclose to others the <br /> Confidential Information, in whole or in part, without the prior <br /> written permission of Sandpiper. This prohibition on disclosure <br /> shall not apply to disclosure by Client to its employees who have <br />
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