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11 . Upon receipt of properly validated and substanti- <br /> ated vouchers and payrolls in such form as City may require <br /> furnished to City at least 5 days before the payroll is due, <br /> the City shall reimburse a working cash fund for all wages <br /> and salaries of TMD' s employees engaged in the operation of <br /> said transit system other than ATE' s managing personnel, <br /> along with all other employment costs allocable to the <br /> employment of such operation personnel. All other direct <br /> operating expenses related to and arising out of the opera- <br /> tion and maintenance of said system and the property <br /> appurtenant thereto including but not limited to, unfunded ' <br /> pension benefit obligations, advertising, promotion, post- , <br /> age, miscellaneous administrative expenses, etc. , shall be � <br /> an obligation of the City. Reimbursement shall be only for <br />' items and amounts actually paid and shall in no event exceed <br />' those rates or amounts previously from time to time approved <br /> by the City. <br /> 12 . City shall maintain at it' s cost and expense a <br /> policy in such amount and with such corporate surety as may <br /> be approved by City indemnifying City against dishonesty, <br /> defalcation, infidelity or shortage caused by ATE or TMD or <br /> any employee of ATE or TIrID either individually or otherwise. <br /> 13. TMD shall maintain, and furnish evidence of, a <br /> standard workmen' s compensation and employers liability <br /> policy of insurance conforming to the requirements of <br /> 7 <br />