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7. The Contractor shall comply with all applicable federal, state and local laws, ordinances, rules and regulations. 8. The Contractor agrees that in order to protect itself and the City under the indernnity provision set forth herein, it will at all times during the term of this Agreement, keep in force policies of insurance as indicated in this contract. The insurance protection will have the following limits: A. Comprehensive Casualty General Liability; (1) Bodily Injury (including completed operations and products liability); (2) Property Damage Liability Insurance will provide explosion, Collapse and Underground coverages where applicable; (3) Personal Injury, with employment exclusion deleted: $5,000,000.00 Combined Single Limits B. Comprehensive Automobile Liability: (1) Bodily Injury $500,000.00 Each Person $1,000,000.00 Each Occurrence (2) Property Damage $100,000.00 Each Occurrence C. Workers' Compensation coverage: The Contractor further agrees to name the City as additional insured in said insurance policies and to provide a certificate of said insurance to the City prior to commencing work. The Contractor agrees to notify the City twenty-five (25) days prior to cancellation or a change in any if the aforementioned insurance policies. II. DUTIES OF THE CITY 1. The City agrees to furnish, at its cost, to the Contractor, sufficient space for the same and proper presentation of the fireworks display and all necessary Police protection, to provide the necessary perimeters for restricting the public from gaining access to the shoot site. 2. Upon execution of the terms of this Agreement, following the fireworks display on the night of July 4, 2015, payment shall be made in full by the City within two weeks. 2