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9A, City - County Joint Powers Agreement for TCAAP
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9A, City - County Joint Powers Agreement for TCAAP
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11/21/2012 4:46:16 PM
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11/21/2012 4:38:58 PM
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Section 4.4. Worker's Compensation Insurance. Each Party shall, at its own expense, <br /> obtain and maintain in full force and effect during the Initial Term and any Additional Term of <br /> this Joint Agreement worker's compensation insurance providing statutorily required coverage <br /> for any and all of its employees that it assigns to work for or on behalf of the JDA. <br /> Section 4.5. Requirements. All insurance required by this Section shall be taken out and <br /> maintained in responsible insurance companies authorized under the laws of the State of <br /> Minnesota to assume the risks covered thereby. Upon request, each Party will deposit annually <br /> with the other party policies evidencing all such insurance or a certificate or certificates or <br /> binders of the respective insurers stating that such insurance is in full force and effect. Unless <br /> otherwise provided in this Article IV of this Joint Agreement, each policy shall contain a <br /> provision that the insurer shall not cancel or modify it in such a way as to reduce the coverage <br /> provided below the amounts required herein without giving written notice to the Parties at least <br /> thirty (30) days before the cancellation or modification becomes effective. In lieu of separate <br /> policies, a Party may maintain a single policy, blanket or umbrella policies, or a combination <br /> thereof, having the coverage required herein, in which event the Party shall deposit with the <br /> other Party a certificate or certificates of the respective insurers as to the amount of coverage in <br /> force. <br /> (The remainder of this page left intentionally blank) <br /> 20 <br />
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