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the City with a defense and/or indemnify the City for any claim or cause of action, whether one or more, regardless of the proportionate responsibility or liability of the Developer or the City. Neither shall anything contained in this Section VIII be interpreted or applied as providing or otherwise entitling either Developer, Developer's insurance carrier or any other party any right or ability to recover over against City any amounts of money attributable to damages, costs, expenses and/or attorneys' fees based on or arising out of a finding of comparative or proportionate responsibility or liability as against the City it being understood and agreed that City in no way intends by this Agreement to waive its sovereign immunity regarding any claim, suit or cause of action. 3. All insurance policies shall be endorsed to the effect that City of Paris will receive at least thirty (30) days' notice in advance of the cancellation effective date of any policy of insurance that is cancelled by the insurance company for any reason other than nonpayment of premium. 4. All insurance policies shall be endorsed to the effect that City of Paris will receive at least ten (10) days' notice in advance of the cancellation effective date of any policy of insurance that is cancelled by the insurance company for nonpayment of premium or by Developer for any reason. C. All insurance shall be purchased from an insurance company that meets a financial rating of A- or better as assigned by A.M. Best Company or equivalent. d. The Developer shall notify City in writing at least thirty (30) days prior to Developer cancelling or making any material change to any coverage(s) provided in, or through, the insurance policies required under this Section 8.2. Failure by Developer to provide City the notice required hereunder may, in the sole discretion of City, be deemed a material breach of this Agreement. 8.2. Indemnification: The Developer shall defend, indemnify, and hold the City, its elected officials, officers and employees harmless from all suits, actions or claims of any character, name and description brought for or on account of any injuries or damages received or sustained by any person, persons or property on account of the operations of the Developer, his agents, contractors, employees, or subcontractors; or on account of any negligent act or intentional wrongful act or omission of the Developer, his agents, contractors, employees, or subcontractors in the performance of said contract; or on account of the failure of the Developer's contractors to provide the necessary barricades, warning lights or signs; and Developer shall be required to pay any judgment, with cost including attorneys' fees, which may be obtained against the City growing out of such injury or damage. The Developer likewise covenants and agrees to, and does hereby, indemnify and hold harmless the City from and against any and all injuries, loss or damages to property of the City during the performance of any of the terms and conditions