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A-2 <br />589814v1MU205-49 <br /> <br />IV. INDEPENDENT CONTRACTOR. <br /> <br />All services provided pursuant to this Agreement shall be provided by the Contractor as an <br />independent contractor and not as an employee of the EDA for any purpose. Any and all officers, <br />employees, subcontractors, and agents of the Contractor, or any other person engaged by the Contractor <br />in the performance of work or services pursuant to this Agreement, shall not be considered employees <br />of the EDA. Any and all actions which arise as a consequence of any act or omission on the part of <br />the Contractor, its officers, employees, subcontractors, or agents, or other persons engaged by the <br />Contractor in the performance of work or services pursuant to this Agreement, shall not be the <br />obligation or responsibility of the EDA. The Contractor, its officers, employees, subcontractors, or <br />agents shall not be entitled to any of the rights, privileges, or benefits of the EDA’s employees, except <br />as otherwise stated herein. <br /> <br />V. INDEMNIFICATION. <br /> <br />The Contractor, and any and all officers, employees, subcontractors, and agents of the <br />Contractor, or any other person engaged by the Contractor in the performance of work or services <br />pursuant to this Agreement, shall indemnify, defend, and hold harmless the EDA and its officials, <br />employees, contractors and agents from any loss, claim, liability, and expense (including reasonable <br />attorneys’ fees and expenses of litigation) arising from, or based in the whole, or in any part, on any <br />negligent act or omission by the Contractor, its officers, employees, subcontractors, and agents, or any <br />other person engaged by the Contractor in the performance of work or services pursuant to this <br />Agreement. In no event shall the EDA be liable to the Contractor for consequential, incidental, indirect, <br />special, or punitive damages. <br /> <br />VI. INSURANCE. <br /> <br />The Contractor shall maintain reasonable insurance coverage throughout this Agreement. The <br />Contractor agrees that before any of the Services can be performed, the Contractor shall procure at a <br />minimum: Worker’s Compensation Insurance as required by state law; and Commercial General Liability <br />in an amount of not less than $1,500,000.00 per occurrence for bodily injury or death arising out of each <br />occurrence, and $1,500,000.00 per occurrence for property damage. To meet the Commercial General <br />Liability requirements, the Contractor may use a combination of Excess and Umbrella coverage. The <br />Contractor shall provide the EDA with a current certificate of insurance including the following language: <br />“The Mounds View Economic Development Authority is named as an additional insured with respect to <br />the commercial general liability and umbrella or excess liability, as required by the contract. The umbrella <br />or excess liability policy follows form on all underlying coverages.” Such certificate of liability insurance <br />shall also contain a statement that such policies of insurance shall not be canceled or amended unless thirty <br />(30) days’ written notice is provided to the EDA, or ten (10) days’ written notice in the case of non- <br />payment. <br /> <br />VII. CONFLICT OF INTEREST. <br /> <br /> The Contractor shall use best efforts to meet all professional obligations to avoid conflicts of <br />interest and appearances of impropriety. <br /> <br />VIII. MISCELLANEOUS PROVISIONS. <br />