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<br />City of Sunny Isles Beach <br /> <br />18070 Collins Avenue, Sunny Isles Beach, Florida 33160 <br />(305) 947-0606 phone (305) 949-3113 Fax <br /> <br />4. OPTIONS TO REWEW. Prior to, or upon completion of the initial one (1) year term, <br />the City shall have the option at its sole discretion to renew this Agreement for an additional four <br />(4) one year renewal terms. <br /> <br />5. COMPENSATION. The City shall receive twenty percent (20%) monthly percentage of <br />sales made by Contractor, in addition to sponsorship of items as more particularly set forth in <br />Attachment "A". <br /> <br />6. INDEPENDENT CONTRACTOR RELATIONSHIP. The Contractor is an <br />independent contractor and shall be treated as such for all purposes. Nothing contained in this <br />agreement or any action of the parties shall be construed to constitute or to render the Contractor <br />an employee, partner, agent, shareholder, officer or in any other capacity other than as an <br />independent contractor other than those obligations which have been or shall have been <br />undertaken by the City. Contractor shall be responsible for any and all of its own expenses in <br />performing its duties as contemplated under this agreement. The City shall not be responsible for <br />any expense incurred by the Contractor. The City shall have no duty to withhold any Federal <br />income taxes or pay Social Security services and that such obligations shall be that of the <br />Contractor, other than those set forth in this agreement. Contractor shall furnish its own <br />transportation, office and other supplies as it determines necessary in carrying out its duties <br />under this agreement. <br /> <br />7. INSURANCE. Contractor shall, at its sole cost and expense, during the period of any <br />work being performed under this Agreement, procure and maintain the following minimum <br />insurance coverages to protect the City and Contractor against all loss, claims, damage and <br />liabilities caused by Contractor, its agents or employees, as more particularly set forth below: <br /> <br />(a) General liability insurance with limits of One Million Dollars <br />($1,000,000.00) combined single limit occurrence. Coverage must be afforded on <br />a form no more restrictive than the latest edition of the Comprehensive General <br />Liability Policy, without restrictive endorsements, as filed by the Insurance <br />Services Office, and must include: <br /> <br />Premises and/or Operations. <br /> <br />Independent Contractors. <br /> <br />Broad Form Property Damage. <br /> <br />Broad Form Contractual Coverage applicable to this specific Agreement. <br /> <br />C1112-009 VENDING MACHINES AGREEMENT <br /> <br />Page 2 of 8 <br />