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local, state or federal government entity with jurisdiction over <br /> CONTRACTOR adopts any law,rule, regulation or order which has the effect <br /> of increasing CONTRACTOR'S costs to deliver the services under this <br /> Agreement. CONTRACTOR shall provide written notice to CITY promptly <br /> after CONTRACTOR'S costs increase or an event occurs that <br /> CONTRACTOR determines in good faith will result in increased costs. <br /> D. The CONTRACTOR shall provide all compensation and benefits, including <br /> but not limited to health insurance and 401K match, to its employees working <br /> under this agreement at a level equal to or greater than the compensation and <br /> benefits currently provided to the employees as of the Effective Date. <br /> e. Section 8 WORKING FiJNDS is hereby deleted in its entirety and replaced with <br /> the following: <br /> Section 8. PENSION LIABILITY. <br /> The CITY and the CONTRACTOR acknowledge no pension benefits have been <br /> provided to MV (and/or its subsidiary) employees. The CITY and the <br /> CONTRACTOR further acknowledge there are no anticipated changes that will <br /> create employer liability for employee pensions. MV (and/or its subsidiary) <br /> employees have been eligible for employer contributions to employees' 401(K) <br /> retirement accounts. The City shall be liable for any claims for pension benefits if <br /> any, earned on or before Dec. 31, 2019, and all employer obligated 401(K) <br /> payments and fees, through Dec. 31, 2019, and shall indemnify and defend <br /> CONTRACTOR for all liabilities related thereto. Commencing Jan. 1, 2020, <br /> CONTRACTOR shall be liable for all employer's obligated 401(K) payments and <br /> fees, and shall indemnify CITY for all liabilities related thereto. <br /> f. Section 15 CONTRACTOR'S RESIDENT MANAGEMENT PERSONNEL is <br /> hereby deleted in its entirety and replaced with the following: <br /> Section 15. Reserved. <br /> g. Section 16 THIRD PARTY LIABILITY is hereby deleted in its entirety and <br /> replaced with the following: <br /> Section 16. Reserved. <br /> h. Section 17 INSURANCE is hereby deleted in its entirety and replaced with the <br /> following: <br /> 17. INSURANCE. CONTRACTOR, at its own expense, will at all times during <br /> the term of this Agreement carry insurance in accordance with the provisions of <br /> Appendix E. Such insurance shall name CITY as an additional insured. Prior to <br />