3.8 Temporary Expansion Liquor License

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Liquor Liability $1,000,000 per occurrence $2,000,000 annual aggregate Comprehensive Liability $1,000,000 property damage per occurrence $2,000,000 general aggregate $2,000,000 products— completed operations aggregate $100,000 fire legal liability each occurrence $5,000 medical expenses 3. Miscellaneous. LICENSE HOLDER shall maintain in effect all insurance coverages required under this Paragraph at LICENSE HOLDER's sole expense and with insurance companies licensed to do business in the state in Minnesota and having a current A.M. Best rating of no less than A-, unless specifically accepted by City in writing. In addition to the requirements stated above, the following applies to the insurance policies required under this Paragraph: a. All polices shall be written on an "occurrence" form ("claims made" and"modified occurrence"forms are not acceptable); b. All policies shall contain a waiver of subrogation naming "the City of Pequot Lakes;" c. All policies shall name "the City of Pequot Lakes" as an additional insured; d. All policies shall insure the defense and indemnity obligations assumed by LICENSE HOLDER under this Agreement; and e. All polices shall contain a provision that coverages afforded thereunder shall not be canceled or non-renewed or restrictive modifications added,without thirty(30)days prior written notice to the City. A copy of the LICENSE HOLDER's insurance declaration page, Rider and/or Endorsement, as applicable, which evidences the compliance with this Agreement, must be filed with City prior to the issuance of the temporary license. 4. Indemnification. LICENSE HOLDER agrees to indemnify and hold the City harmless from any claims arising from the event for which the temporary liquor license is issued herein. 5. This Agreement may be executed in counterparts. Page 5 of 9