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default within thirty (30) calendar days of the Notice of Termination or within a <br />reasonable time period as otherwise stated. If a Party receives a Notice of <br />Termination and fails to remedy the default or the breach to the satisfaction of the <br />other Party within the time period established in the Notice of Termination or any <br />extension thereof, granted by the Party not at fault, this Agreement will be deemed <br />terminated. <br />2.6.2 Termination by Mutual Written Agreement. This Agreement <br />may be terminated by mutual written agreement executed by both Parties, subject <br />to the provisions of Section 2.6.3 below. <br />2.6.3 Duties of Parties upon Termination. Upon termination of this <br />Agreement for default or by mutual written agreement, the Parties agree to work <br />together cooperatively to develop a coordinated plan for transferring work <br />completed up to the time of termination and determining reasonable contract close- <br />out costs. Termination by any Party shall not extinguish or release either Party from <br />liability, claims or obligations to third parties existing as of the time of termination. <br />Any costs incurred prior to proper notification of termination will be borne by the <br />Parties in accordance with the terms of this Agreement. The Indemnification and <br />Insurance provisions set forth in Section 2.7 below and all remedial provisions shall <br />survive termination of this Agreement. <br />2.7 Indemnification and Hold Harmless. Tukwila shall defend, indemnify, <br />and hold Kent, its officers, officials, employees, agents and volunteers harmless <br />from any and all claims, injuries, damages, losses or suits, including all legal costs <br />and attorney fees, arising out of or in connection with Tukwila's performance of this <br />Agreement, except for that portion of the injuries and damages caused by Kent's <br />negligence. Similarly, Kent shall defend, indemnify and hold Tukwila, its officers, <br />officials, employees, agents and volunteers harmless from any and all claims, <br />injuries, damages, losses or suits, including all legal costs and attorney fees, arising <br />out of or in connection with Kent's performance of this Agreement, except for that <br />portion of the injuries and damages caused by Tukwila's negligence. <br />IT IS FURTHER SPECIFICALLY AND EXPRESSLY UNDERSTOOD THAT <br />THE INDEMNIFICATION PROVIDED HEREIN CONSTITUTES EACH PARTY'S WAIVER <br />OF IMMUNITY UNDER INDUSTRIAL INSURANCE, TITLE 51 RCW, SOLELY FOR THE <br />PURPOSES OF THIS INDEMNIFICATION. THE PARTIES FURTHER ACKNOWLEDGE <br />THAT THEY HAVE MUTUALLY NEGOTIATED THIS WAIVER. <br />The provisions of this section shall survive the expiration or <br />termination of this Agreement. <br />2.8 Insurance. Each Party shall carry and maintain, for the duration of <br />this Agreement, general liability, property damage, and errors and omissions <br />insurance coverage with an admitted carrier for the state of Washington with the <br />following minimums: <br />INTERLOCAL AGREEMENT REGARDING MAINTENANCE <br />OF SOUTH 200TH STREET BRIDGE - 5 of 7 <br />(Between Cities of Kent and Tukwila) <br />