6.A.(2) Comml Property Management Agreement for Redev Retail

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18. INSURANCE. The Owner will inform the Agent of the insurance to be carried with respect to the Property and its operations, and the Agent will cause such insurance to be placed and kept in effect at all times. Insurance premiums are a Property Expense. Insurance will be placed with the companies, on conditions, in amounts, and with beneficial interests acceptable to the Owner and in conformity with the Mortgage; provided, however, that public liability coverage shall be in form, substance and amounts acceptable to the Agent as well as the Owner and the Mortgagee and will name the Agent as an additional insured. The Agent will investigate and report to the Owner about all accidents, claims and potential claims for damages relating to the Property and will cooperate with the Owner's insurers in connection therewith. 19. AGENT'S BOND. The Agent agrccs that during the entire term of this Agreement that Agent will carry, at the Agents ole cost and expense, fidelity insurance coverage with sureties in the amount of not less than $100,000.00 and that Agent will provide Owner with a copy of Agent's certificate evidencing said insurance coverage. Agent will investigate and report to the Owner about all accidents, claims and potential claims for damages relating to the Property and will cooperate with Owner"s insurers in connection therewith. 20. SAVE HARMLESS AND INDIMINIFICATION. Owner Agrees: a. To indemnify, defend and save the Agent harmless from all suits in connection with the property and from liability for damage to property and injuries to or death related to the Property, except for activities arising out of Agent's willful misconduct or gross negligence, unless conduct or gross negligence was a result of Owner's instruction or direction, in which event Owner shall indemnify Agent. b. To pay all expenses incurred by the agent. including, without limitation, attorney's fees for counsel employed to represent the Agent or the Owner in any proceeding or suit involving the alleged violation by the Agent or the Owner. or both of any constitutional provision, statute, ordinance, law or regulation of any governmental body pertaining to fair employment, Federal Fair Credit Reporting Act, environmental protection of fair housing, including with limitation. those prohibiting or making illegal discrimination on the basis of race. creed, color, religion or national origin in the sale. rental or other disposition of the Property or any services rendered in connection therewith (unless the Agent is finally adjudicated to have personally and not in a representative capacity violated such constitutional provision. statute ordinance. law or regulation), but nothing herein contained shall require the Agent to employ counsel to represent the Owner in any such proceeding or suit.