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Section 5 - Standard Terms and Conditions
<br />Term
<br />The Agreement shall be to effect from the date of signing until the work is complete, notwithstanding enduring provisions.
<br />Fees and payment of those fees shall be as listed in the Agreement and Incorporated by reference. Late payments are cause
<br />for suspension of the program. Section 5 of the Agreement acts as notice of the payments due dates per this agreement.
<br />If a purchase Order outlining additional services for additional periods is offered by the Client and accepted by
<br />SPEVCO, the term of this agreement shall be extended until such services have been completed.
<br />Insurance
<br />SPEVCO Insurance does not cover negligence of non-SPEVCO personnel, for example, vendor brand ambassadors and
<br />client employees. Client agrees to provide proof of the following insurance for Branded events:
<br />Contiatevert;jiiUtnlll:Cpl,,LC11bUity, - CGL with limits of at least $1,000,000 each occurrence and $z,000g000 Annual
<br />Aggregate. This requirement may be satisfied by a CGL Special Event policy. SPEVCO shrill be named as Additional
<br />Insured, Client shall provide liability coverage that is primary and non-contributory and hereby warrants same.
<br />Commercial-1111.1i1 _eb - Umbrella coverage with limits of at least S1,000,0Oo. SPEVCO shall be named as additional
<br />insured. Client shall provide liability coverage that is primary and non-contributory and hereby warrants same,
<br />LiquD Liability - Client hereby warrants that Alcohol shall not be served or consumed at the event space. Client
<br />warrants to actively control the environment, prohibiting the consumption of alcohol in the event space. in the
<br />event alcohol is consumed in or around the event space or on the vehicle, by signing this agreement Client accepts
<br />all responsibility for every, any, and all injury; harm or incident and fully indemnities SPEVCO from every, any,
<br />and all liability for same. if Alcohol shall be served or consumed, Client agrees to provide or purchase a Liquor
<br />Liability Policy.
<br />7N.0] i4t.C5 CGlttjlc*1iSitti4JL ltltd..FtnplGyea S Z, dibliily - Employers Liability Insurance limits of at least $500,000 each
<br />accident for bodily injury by accident and $500„000 each employee for injury by disease, Worker's compensation
<br />shall be in compliance with all statutes.
<br />• Vh- aver off Subrogation and Flow Novell - Client waives ail rights against SPEVCO, its parent and Affiliates, each
<br />of their respective officers, directors, agents, or employees for recovery of damages and will have a waiver of
<br />subrogation endorsed to all insurance required herein, if Client hires any subcontractor(s) br relation to the
<br />covered event, the same insurance provisions of the subcontractors) shall be required,
<br />Confidential Relationship
<br />Parties agree to maintain the confidentiality of non-public information during the term of this agreement or until such
<br />information becomes public knowledge through no action of SPEVCO or until client advises SPEVCO there is no further
<br />need,.
<br />t Parties agree to not disclose, use, reproduce or otherwise disseminate any confidential information for 18 months
<br />after the termination of this agreement,
<br />Parties agree to use best efforts and take reasonable precautions to prevent the unauthorized dissemination of
<br />confidential information,
<br />• Parties agree to limit internal disclosure and use of confidential information to employees and agents with a need
<br />to know while fulfilling any obligations under the terms of this agreement.
<br />Parties agree to not to use confidential information for their benefit or the benefit of another entity.
<br />Parties agree to require employees or agents to abide by terms of this agreement regarding confidential
<br />information.
<br />Parties agree to return to the other party all Confidential information, including, but not limited to all
<br />documentation, writings, disks, or other rnedia referring to or about it at the conclusion of the term of this
<br />agreement or upon written request of either party at any time,
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