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INSURANCE SERVICES AGREEMENT <br />THIS AGREEMENT is made as, of January 1, 2018, by and between Gibson Insurance <br />Agency, Inc. ("Agent") and <br />City of South Bend ("Client"). <br />05��ffik <br />Client hereby engages Agent to provide advisory and brokerage services to Client for the <br />purposes of assistance in the procurement and placement of Client's property and casualty <br />Insurance needs with appropriate insurers, and/or other services as needed. <br />TERM OF AGREEMENT <br />This Agreement shall terminate upon thirty (30) days written, notice by either party to the <br />other. <br />3, STATUTORY COMPLIANCE <br />Agent shall comply with all applicable Insurance laws, including but not limited to <br />Indiana Code § 27-1-15.6. <br />4. AGENT'S DUTIES <br />Agent shall serve with objectivity and complete loyalty solely the insurance interests of <br />Client however, all decisions related to Client's business shall be made by Client in its sole and <br />absolute discretion, for which Client hereby assumes the sole responsibility, Agent shall receive <br />and have access to information that is considered proprietary and confidentialto Client. Both <br />during and after the term of this Agreement, Agent agrees to preserve and protect reasonably the <br />confidential nature of this information, <br />AGENT'S COMPENSATION AND EXPENSES <br />For all services rendered by the Agent under this Agreement, Client shall pay the Agent <br />the fees identified on Exhibit "A" attached hereto and made a part hereof. <br />IN WITNESS WHEREOF, this Agreement has been duly executed by the parties hereto <br />as of the date first written above. <br />APPROVED <br />"Client" Board of P?,thlic Nvcl"Agent" <br />By: F,By: <br />Printed: Printed: <br />Title: Tlitle� <br />Attachment: <br />Exh LL&--L=p <br />Date Printed: December 18, 2017 <br />