Common use of Right to Self-Insure Clause in Contracts

Right to Self-Insure. Upon written approval by the Executive Director, Consultant may self-insure if the following conditions are met: 1. Consultant has a formal self-insurance program in place prior to execution of this Agreement. If a corporation, Consultant must have a formal resolution of its board of directors authorizing self- insurance. 2. Consultant agrees to protect the City, its boards, officers, agents and employees at the same level as would be provided by full insurance with respect to types of coverage and minimum limits of liability required by this Agreement. 3. Consultant agrees to defend the City, its boards, officers, agents and employees in any lawsuit that would otherwise be defended by an insurance carrier. 4. Consultant agrees that any insurance carried by Department is excess of Consultant’s self-insurance and will not contribute to it. 5. Consultant provides the name and address of its claims administrator. 6. Consultant submits its most recently filed 10-Q and its 10-K or audited annual financial statements for the three most recent fiscal years prior to Executive Director’s consideration of approval of self- insurance and annually thereafter. 7. Consultant agrees to inform Department in writing immediately of any change in its status or policy which would materially affect the protection afforded Department by this self-insurance. 8. Consultant has complied with all laws pertaining to self-insurance.

Right to Self-Insure. Upon written approval by the Executive Director, Consultant may self-insure if the following conditions are met: 1. Consultant has a formal self-insurance program in place prior to execution of this Agreement. If a corporation, Consultant must have a formal resolution of its board of directors authorizing self- insurance. 2. Consultant agrees to protect the City, its boards, officers, agents and employees at the same level as would be provided by full insurance with respect to types of coverage and minimum limits of liability required by this Agreement. 3. Consultant agrees to defend the City, its boards, officers, agents and employees in any lawsuit that would otherwise be defended by an insurance carrier. 4. Consultant agrees that any insurance carried by Department is excess of Consultant’s 's self-insurance and will not contribute to it. 5. Consultant provides the name and address of its claims administrator. 6. Consultant submits its most recently filed 10-Q and its 10-K or audited annual financial statements for the three most recent fiscal years prior to Executive Director’s 's consideration of approval of self- insurance and annually thereafter. 7. Consultant agrees to inform Department in writing immediately of any change in its status or policy which would materially affect the protection afforded Department by this self-insurance. 8. Consultant has complied with all laws pertaining to self-insurance.

Right to Self-Insure. Upon written approval by the Executive Director, Consultant may self-insure if the following conditions are met: 1. Consultant has a formal self-insurance program in place prior to execution of this Agreement. If a corporation, Consultant must have a formal resolution of its board of directors authorizing self- insurance. 2. Consultant agrees to protect the City, its boards, officers, agents and employees at the same level as would be provided by full insurance with respect to types of coverage and minimum limits of liability required by this Agreement. 3. Consultant agrees to defend the City, its boards, officers, agents and employees in any lawsuit that would otherwise be defended by an insurance carrier. 4. Consultant agrees that any insurance carried by Department is excess of Consultant’s self-'s self insurance and will not contribute to it. 5. Consultant provides the name and address of its claims administrator. 6. Consultant submits its most recently filed 10-Q and its 10-K or audited annual financial statements for the three most recent fiscal years prior to Executive Director’s 's consideration of approval of self- insurance and annually thereafter. 7. Consultant agrees to inform Department in writing immediately of any change in its status or policy which would materially affect the protection afforded Department by this self-insurance. 8. Consultant has complied with all laws pertaining to self-insurance.

Right to Self-Insure. Upon written approval by the Executive Director, Consultant may self-insure if the following conditions are met: 1. Consultant has a formal self-insurance program in place prior to execution of this Agreement. If a corporation, Consultant must have a formal resolution of its board of directors authorizing self- self-insurance. 2. Consultant agrees to protect the City, its boards, officers, agents and employees at the same level as would be provided by full insurance with respect to types of coverage and minimum limits of liability required by this Agreement. 3. Consultant agrees to defend the City, its boards, officers, agents and employees in any lawsuit that would otherwise be defended by an insurance carrier. 4. Consultant agrees that any insurance carried by Department is excess of Consultant’s self-insurance and will not contribute to it. 5. Consultant provides the name and address of its claims administrator. 6. Consultant submits its most recently filed 10-Q and its 10-K or audited annual financial statements for the three most recent fiscal years prior to Executive Director’s consideration of approval of self- self-insurance and annually thereafter. 7. Consultant agrees to inform Department in writing immediately of any change in its status or policy which would materially affect the protection afforded Department by this self-insurance. 8. Consultant has complied with all laws pertaining to self-insurance.