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Page 10 of 21 <br />following requirements: <br /> <br />1. Commercial General Liability Insurance. The Licensee shall secure and <br />maintain a broad form commercial general liability insurance policy with <br />coverage of not less than $2,000,000 combined single limit per <br />occurrence, with aggregate of $3,000,000, for bodily injury, personal <br />injury or property damage. Such policy shall contain a contractual <br />liability endorsement to cover the applicant’s indemnification obligations <br />under these provisions. The policy shall also contain an endorsement <br />naming City as an additional insured, in a form satisfactory to City, and <br />expressly providing that the interest of City shall not be affected by the <br />applicant's breach of policy provisions. <br /> <br />2. Automobile Liability Insurance. Should the Licensee employ <br />automobiles to execute any of its services or provisions, Licensee shall <br />maintain an automobile liability insurance policy with coverage of <br />not less than $2,000,000 combined single limit per occurrence for bodily <br />injury, personal injury or property damage. The coverage shall include <br />both hired and non-owned auto liability. The policy shall also contain an <br />endorsement naming City as an additional insured, in a form satisfactory <br />to City, and expressly providing that the interest of City shall not be <br />affected by Licensee’s breach of policy provisions. <br /> <br />3. Cyber Liability Insurance. Licensee shall maintain a cyber liability <br />insurance policy reflecting limits of not less than $2,000,000 for claims <br />for data breach, or technical errors or omissions arising from the Work. <br />The policy may be written on a “claims made” form. Licensee shall <br />maintain the cyber liability insurance coverage for at least one year after <br />the completion of the work. The policy shall contain an endorsement <br />entitling the City not less than 60 days prior written notice of any material <br />change, nonrenewal or cancellation of such policy. <br /> <br />4. Workers’ Compensation Insurance. Licensee shall comply with the <br />Oregon Workers' Compensation law by qualifying as a carrier-insured <br />employer or as a self-insured employer and shall strictly comply with all <br />other applicable provisions of such law. Licensee shall provide City with <br />such further assurances as City may require from time to time that <br />Licensee is in compliance with these Workers' Compensation coverage <br />requirements and the Workers' Compensation law. Licensee is a subject <br />employer that will comply with ORS 656.017. <br /> <br />5. Proof of insurance as required by this section may be demonstrated <br />through one or more policies of insurance, primary or excess. <br /> <br />c. A signed operations agreement between the applicant and the entity that manages <br />the local operation of the City’s bikeshare service, if applicant indicated it would