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4. Insurance. The consultant shall secure and maintain the following <br />minimum insurance-. <br />a. Worker's compensation insurance as required by Minnesota la. <br />bin General and Professional Liability Insurance in the amount of at least <br />$50o,000 each negligent act, error or omission and $1 1000"000 <br />aggregate each insured-, <br />c. The insured's policy shall not be cancelled until after 30 days written <br />notice to the City of the insured's Intention to cancel this insurance. <br />The consultant shall deposit with the City certificates evidencincy t1lat tile <br />,above insurance is in effect and maintained. <br />5. Indemnification. The parties shall indemnify and hold harmless each <br />other and their officials, agents and employees from any loss, claim, <br />liability and expense (including reasonable attorney's fees and expenses of <br />litigation.) arising out of any action of the respective parties in the <br />performance of the service of this contract,. <br />6. Assignment. This agreement, being intended to secure licensed electrical <br />inspection services from employees of the consultant, shall not be <br />assigned,, sublet or transferred without the written consent of the City. <br />7. Additional Work, or Studies. Ple City Community Development Director <br />may request, additional service (not to exceed $ 1,000) at the same <br />compensation rate shown in Exhibit A., <br />Additional work on services or reviews, which exceed $ 1,000, must be <br />submitted to the City Manager for approval prior to commencement of <br />work. <br />8. Conflict of Interest. The consultant agrees to immediately alert the city <br />community Development Director of' possible contractual conflicts of <br />i F <br />interest in representing the city, as well as property owners or developers <br />on the same project. Conflicts of interest may be grounds for termination <br />of 'this Agreement as per Article 2,. <br />