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therefore. In addition, the Corporation shall be responsible for any necessary workers <br />compensation and unemployment insurance required for the individuals performing <br />services hereunder, and the City shall have no obligation whatsoever in this regard. <br /> <br />4. Independent Contractor. The Corporation and neither it nor any of its <br />volunteers, employees or agents performing services hereunder shall be an employee <br />of the City. The Corporation is an independent contractor and it shall retain control <br />over the manner and means of the work set forth above. The Corporation <br />understands and acknowledges that the City shall not provide any benefits of any type <br />in connection with this Agreement, including but not limited to health or medical <br />insurance, workers compensation insurance, or unemployment insurance. The <br />Corporation shall in no case have the power to bind or obligate the City in any way to <br />any third-party. <br /> <br /> <br />5. Insurance. <br /> <br />a. The Corporation shall provide comprehensive general liability <br />insurance for bodily injury and property damage with a combined single limit of <br />$1,000,000 per occurrence. Such comprehensive general liability insurance <br />shall include, but not be limited to, coverage for mechanically-operated <br />amusement devices, alcohol sales, and fireworks displays. The policies of <br />insurance shall name the City of Mounds View as an additional insured. <br /> <br />b. The Corporation shall provide evidence of automobile and mobile <br />equipment insurance coverage for all motorized vehicles used in connection <br />with work under this Agreement with a combined single limit for bodily injury <br />and property damage of not less than $1,000,000 per occurrence. <br /> <br />c. The Corporation shall provide Workers’ Compensation coverage <br />in the statutory amount required for all individuals performing services under <br />this contract such as contractors’ employees, subcontractors, independent <br />contractors, etc. <br /> <br />d. The Corporation shall provide Employer’s Liability insurance <br />coverage (Part B. of the Workers’ Compensation Policy) in the amount of <br />$100,000 bodily injury each accident, bodily injury by disease $500,000 policy <br />limit, $100,000 bodily injury by disease each employee. <br /> <br />e. A Certificate of Insurance showing coverage as indicated above <br />with a carrier that is acceptable to the City of Mounds View as well as a copy of <br />all policies of insurance shall be submitted to the City Administrator at least 30 <br />days prior to the Festival. The City reserves the right to reject the carrier if it is <br />not an A+ carrier licensed to do business in the State of Minnesota. <br /> <br />f. Nothing herein shall be construed as a waiver of any immunity or <br />limitation on liability to which the City is entitled under law. <br /> <br />6. Termination. If either party fails to perform its obligations under this <br />Agreement, the other party may terminate this Agreement by giving written notice of <br />the intention to terminate to the other party at least thirty (30) days prior to such