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State hereunder or pursuant to the paragraph 15 shall not be cause for Grantee to terminate this Contract <br />for default or material breach. If, after termination by the State, it is determined for any reason that Grantee <br />was not in default or that Grantee's action/inaction was excusable, such termination shall be treated as a' <br />termination for convenience and the rights and obligations of the parties shall be the same as if this <br />Contract had been terminated for convenience, as described herein. <br />23. Insurance <br />23.1 The Grantee shall obtain, and maintain at all times during the term of this agreement, insurance in <br />the following kinds and amounts: <br />a. Worker's Compensation Insurance as required by state statute, and Employer's Liability Insurance <br />covering all of the Contractor's employees acting within the course and scope of their <br />employment. <br />b. Commercial General Liability Insurance written on ISO occurrence form CG 00 01 10/93 or <br />equivalent, covering premises operations, fire damage, independent Contractors, products and <br />completed operations, blanket Contractual liability, personal injury, and advertising liability with <br />minimum limits as follows: <br />i. $1,000,000 each occurrence; <br />ii. $1,000,000 general aggregate; <br />iii. $1,000,000 products and completed operations aggregate; and <br />iv. $50,000 any one fire. <br />If a� aggregate limit is reduced below $1,000,000 because of claims made or paid, the Contractor <br />shall immediately obtain additional insurance to restore the full aggregate limit and furnish to the <br />State a certificate or other document satisfactory to the State showing compliance with this provision. <br />c. Automobile Liability Insurance covering any auto (including owned, hired and non-owned autos) <br />with a minimum limit as follows: $1,000,000 each accident combined single limit. <br />23.2 The State of Colorado shall be named as additional insured on the Commercial General Liability and <br />Automobile Liability Insurance policies (leases and construction Contracts will require the additional <br />insured coverage for completed operations on endorsements CG 2010 11/85, CG 2037, or <br />equivalent). Coverage required of the Contract will be primary over any insurance or self-insurance <br />program carried by the State of Colorado. <br />23.3 The insurance shall include provisions preventing cancellation or non-renewal without at least 45 <br />days prior notice to the State by certified mail. <br />23.4 The Contractor will require all insurance policies in any way related to the Contract and secured and <br />maintained by the Contractor to include clauses stating that each carrier will waive all rights of <br />recovery, under subrogation or otherwise, against the State of Colorado, its agencies, institutions, <br />organizations, officers, agents, employees and volunteers. <br />23.5 All policies evidencing the insurance coverages required hereunder shall be issued by insurance <br />companies satisfactory to the State. <br />23.6 The Grantee shall provide certificates showing insurance coverage required by this Contract to the <br />State within 7 business days of the Effective Date of the Contract, but in no event later than the <br />commencement of the Services under the Contract. No later than 15 days prior to the expiration date <br />of any such coverage, the Contractor shall deliver the State certificates of insurance evidencing <br />renewals thereof. At any time during the term of this Contract, the State may request in writing, and <br />the Grantee shall thereupon within 10 days supply to the State, evidence satisfactory to the State of <br />compliance with the provisions of this section. <br />Page 9 of 15 <br />