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1.11 CONTRACTOR is required to provide, during the term of this Agreement, and to <br />^4 and maintain in full forceand effect, a policy or policies of «u <br />providing $500'000.00 per person and $1,000,000.00 aggregate <br />indemnifying the CONTRACTOR f the OWNER as a named insured for and <br />all damages,personal or property damages `f in carrying out the <br />duties of this contract,or part thereof,of -r f- of the <br />CONTRACTOR, agents,f and shall pay all premiums <br />thereondue. CONTRACTOR shall also be obligated to maintain workers <br />compensation insurance in conformanceand if required by <br />1.12 It is expressly provided that all insurance policies required hereunder shall and <br />must be by -fu; ,f - insurance companyor f f,; and <br />where <br />appropriate oadditional insured, subject to approval <br />by the City Attorney of the City of Paris, and the CONTRACTOR's selected <br />insurance canrier or carriers shall deliver a copy of any such policies to the City <br />Clerk of the City of f said City Clerk a current letter or <br />amendment certificate <br />from such company or companies, evidencing the fact that such insurance is in full <br />force and shall remain in effect at all times during this contract period. All such <br />policies shall be written so that OWNER will be notified of cancellation or of any <br />restrictive of policies M days prior f the effective <br />fi.te of f or amendment.fl i. be .M "` to the OWNER by <br />certified mail, return receipt requested, addressed to the City of Pads at the <br />following address: City Clerk, City of Pads, P.O. Box 9037, Paris, Texas 75461- <br />.f <br />1.13 CONTRACTOR shall keep and perform every agreement and covenant herein. <br />In the event CONTRACTOR shall default in any covenant, condition, provision, or <br />stipulation f f OWNER may notifyA verballyor, at its <br />discretion, in writing, that a discrepancy has occurred. Notice when given <br />CONTRACTORinclude a description of the discrepancy and directives for correction. <br />- solely . ff,. f to completeas contracted, <br />notifywhether notified of a discrepancy by OWNER or not, and failure of OWNER to <br />of such discrepancy ft excuse CONTRACTOR's obligations <br />f <br />+ OWNER will notbe responsible forwork,'" f ` .t work that was due to <br />CONTRACTOR ` tf or omission,or + breakdown of equipment. <br />propertiesâ–  `,f.l dumping f other misuse, and it is <br />expresslyROR obligation ti use cautionperforming work <br />at all times. <br />1.15 OWNER may terminate this agreement foror at its convenience <br />during the period of performance. If terminationfor cause, CONTRACTOTI <br />shall immediatelycease further servicesand '. be compensated only for tha <br />IE <br />