R92-02 AUTHORIZING AGREEMENT - CARLE CLINIC ASSOCIATION, P.C.

Home Browse Search

SECTION X - PROFESSIONAL AND GENERAL LIABILITY COVERAGE INSURANCE 10.1 Each party shall maintain professional and general liability insurance coverage in amounts reasonably sufficient to protect themselves and their agents and employees in the event of any suits, causes of action or claims being made against them by persons being serviced under this Agreement. 10.2 Each Party shall provide to the other satisfactory evidence of such professional and general liability coverage as required above and that such insurance coverage is effective as of the effective data of this Agreement. Evidence of such insurance coverage shall be provided by each party to the other annually thereafter. 10.3 Each Party shall give to the other at least thirty (30) days advance notice in writing of any proposed cancellation, termination or modification of such insurance. Such insurance policy or policies shall contain an endorsement requiring the insurer(s) of the Parties hereto to likewise give notice as stated herein. 10.4 In the event Carle Clinic receives notice of any proposed cancellation, termination or modification of the insurance policy of the Provider, Carle Clinic reserves the right to continue such insurance policy in force for the Provider, if possible, and to deduct the amount of premium that might be due from any compensation owing to the Provider. The purpose of this reservation of right is to assure that there is insurance coverage ag�:nst claims as provided in this Agreement. This paragraph imposes no duty upon Carle Clinic to exercise such right, but merely give Carle Clinic the right to do so if it desires. 10.5 Carle Clinic shall not be liable for any claim, injury, damages, demand or judgment based on negligence or any other legal grounds (including, but not limited to, warranty of inerchantability, contract or products liability), arising out of the rendering of Demonstration Services by Provider or the sale, distribution, provision, manufacturing or use of any item, good or service provided by Provider to any Patient in accordance with this Agreement. Further, Provider shall save and hold harmless,defend and indemnify Carfe Clinic, its officers, directors, agents and employees from any and all suits, causes of action, claims, demands, expenses, costs, judgment and interest arising out of the rendering of Demonstration Services by Provider, or distribution, provision, manufacturing or use of any item, good or service provided by Provider to any Patient in accordance with this Agreement. 10.6 Carle Clinic shall save and hold harmless, defend and indemnify Provider, its officers, directors, agents and employees from any and all suites, causes of action, claims, 5