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MSA 2021 <br />ability to grant licenses except as may be specifically set forth in a SOW/Proposal. All improvements, <br />add-ons or modifications to any party's Confidential Information shall remain the exclusive property of the <br />party who owns or has rights to such Confidential Information. <br />11. INSURANCE <br />SpearTip will maintain the following policies of insurance covering all Services furnished by SpearTip to <br />Client during the Term of this Agreement. <br />11.1 General Liability (Bodily Injury, Property Damage, Personal and Advertising) insurance, in an <br />amount not less than One Million Dollars ($1,000,000) per occurrence with an annual aggregate of not <br />less than Two Million Dollars ($2,000,000); <br />11.2 Network Security insurance in an amount not less than Five Million Dollars ($5,000,000) per <br />occurrence. <br />11.3 Technology Errors and Omissions insurance in an amount not less than Five Million Dollars <br />($5,000,000) per occurrence. <br />11.4 Automobile liability insurance (covering hired and non -owned vehicles) in a combined single limit of <br />not less than One Million Dollars ($1,000,000); <br />11.5 Excess Liability insurance in an amount not less than Four Million Dollars ($4,000,000) per <br />occurrence with an annual aggregate of not less than Four Million Dollars ($4,000,000); <br />11.6 Employee Dishonesty (Theft) in the amount of not less than One Million Dollars ($1,000,000) per <br />claim; <br />11.7 Workers Compensation and Employees Liability Insurance as prescribed by law. <br />Upon request, SpearTip will provide certificates of insurance for the coverages specified above. <br />12. WARRANTIES AND REMEDIES FOR BREACH OF WARRANTY <br />12.1 Quality of Services. SpearTip warrants that the Services will be performed in a workmanlike <br />manner with the same degree of professionalism, skill, and care consistent with industry standards <br />reasonably applicable to the performance of such Services. <br />12.2 Place of Correction. SpearTip may perform the investigation and correction services pursuant to <br />this section at SpearTip's offices to the extent possible. If Client requires SpearTip to travel to Client's <br />place of business, Client will reimburse SpearTip for the reasonable travel time and expenses of <br />SpearTip's personnel. If a reported breach of warranty is attributable to a cause other than the SpearTip <br />Services, then SpearTip will be entitled to payment for its investigation and correction efforts on a time <br />and materials basis at the rates applicable to the SOW/Proposal. <br />12.3 Compliance with Laws; Background Checks. In performing the Services, SpearTip shall comply <br />with all federal, state and local laws and regulations. SpearTip represents and warrants that all of its <br />employees and contractors that perform any type of Service for Client, or has access to Client's <br />Confidential Information, have undergone a comprehensive criminal history records check and passed <br />same without exception and with satisfactory results <br />12.4 Exclusions. <br />12.4.1 SpearTip shall have no liability pertaining to any software or hardware deficiencies and Client's <br />remedy for such deficiencies shall be solely against the software vendor or hardware manufacturer. <br />