Independent Contractor Contract -Catering (Page 3 of 8) in pdf

4.2 Either party may cancel this agreement upon thirty (30) days prior written notice.

4.3 Each party has the right to terminate this Agreement immediately upon written notice

to the other party, at any time, in the event of any material breach by the other party of its

obligations under this Agreement.

5. RELATIONSHIP OF PARTIES

At all times during the term of this Agreement, Vendor shall be an independent

contractor to RIT and nothing in this Agreement shall be construed to place the parties in

a relationship whereby Provider would be considered to be the agent of RIT for any

purpose whatsoever. Provider is not authorized to enter into any contract or assume any

obligation for RIT.

6. INSURANCE

Vendor shall, at its own expense, maintain insurance as outlined below with

minimum limits as referenced. Rochester Institute of Technology shall be named as an

additional insured on policies providing coverage for #1 and #3 below;

Note: For Contracts providing goods/services to the RIT Inn, in addition to RIT’s

name, include as an additional insured “The 5257 West Henrietta Road, LLC.” For

Contracts providing goods/services to the RIT High Technology Incubator, Inc., in

addition to RIT’s name, include as an additional insured “RIT High Technology

Incubator, Inc.”

1) Commercial General Liability (1986 ISO form or later) with minimum limits of

$1,000,000 per

occurrence/$2,000,000 aggregate written on an occurrence basis.

2) Auto Liability (including owned, hired and non-owned autos): $1,000,000

combined single limit

(each accident).

3) Excess Liability: $3,000,000 minimum limits in excess of underlying limits. The

umbrella shall be no more restrictive than underlying coverage.

4) Worker’s Compensation and Employer's Liability: Statutory New York State

limits.

Additionally, if applicable:

5) Professional Liability: Minimum limits of $1,000,000. Coverage shall be

maintained for at least four years subsequent to the termination date of this

contract; during such four-year period, Supplier shall assure that there is no

change to the retroactive date of coverage.

These coverage’s and limits are to be considered minimum requirements under this

contract and in no way limit the liability of Vendor.

This insurance shall be written by a company licensed to do business in New York State

with a minimum A.M. Best rating of A- VII. Each policy shall provide for notification to

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