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<br /> ?'l {/ <br /> Page 4 <br /> 8. <br /> Sign Crafters agrees to file with the City a policy of public liability insurance issued <br /> by an insurance company duly authorized to do business in the State of Texas in minimum <br /> ..~~ limits of $250,000.00 per person and $500,000.00 for any single occurrence for bodily <br /> injury or death and $100,000.00 for any single occurrence for injury to or destruction of <br /> property. The insurance policy shall name the City as co-insured. The insurance shall <br /> contain the endorsement that such insurance may not be canceled or amended with <br /> respect to Sign Crafters without 30 days prior written notice by certified mail, return receipt <br /> requested, to the City by the insurance company. Sign Crafters shall pay all of the <br /> premiums for this insurance policy. The policy shall contain an express waiver of any <br /> , <br /> rights of subrogation by the insurance company against the City. A certificate of the <br /> coverage shall be delivered by Sign Crafters to the City within 10 days of the execution of <br /> this agreement and annually thereafter. The minimum limits of any insurance coverage <br /> herein required shall not limit Sign Crafters' liability under Section 7 of this agreement. <br /> 9. <br /> Sign Crafters agrees that any right, duties and/or liabilities created herein are <br /> assignable only upon the express written approval and authorization by City. <br /> 10. <br /> If Sign Crafters fails to keep any of its agreements or to make any payment to the <br /> City when due, the City may, by giving Sign Crafters a 30 day written notice, cancel and <br /> terminate this agreement. Upon any termination of this agreement, Sign Crafters shall <br /> immediately remove all benches in place and shall restore the area previously occupied <br />