COMPLIANCE INFO_1995-2008 - Laserfiche WebLink

Home Browse Search

either party to enforce at any time any of the provisions of this Agreement, or the failure to require at any time performance by the other party of'any of the provisions of this Agreement, shall in no way be construed to be a present or future waiver of such provisions, nor in any way affect the right of either party to enforce each and every such provision thereafter. The express waiver by either party of any provision, condition or requirement of this Agreement shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement. 13. COUNTERPARTS This agreement may be signed in one or more counterparts. 14. COMPLIANCE WITH LAWS AND POLICIES. Far West shall bear responsibility for its compliance with all applicable federal, state and local laws and regulations, and shall abide by Customer's stated policies and practices in the course of rendering Services hereunder. 15. LICENSES. Far West shall maintain all applicable federal, state and local business and other licenses, including any professional licenses or certificates, industrial permits and/or licenses, industry specific licenses, licenses, required by the state(s) and/or locality(s) in which it does business (i.e., fictitious business names, federal tax identification numbers), insurance, and anything else customarily required of Far West as a business operator. 16. QUALIFICATIONS AND PERFORMANCE BY FAR WEST. Far West hereby represents, warrants and covenants that it: (i) possesses the requisite experience and skills to perform. the Services required hereunder, (ii) shall perform the Services in an expeditious and economical manner consistent with sound professional practices, and (iii) is adequately financed to meet any financial obligation it may be required to incur hereunder. 17. TAXES. Far West shall not be treated as an employee for federal or state tax purposes. Customer shall, to the extent it is legally required to do so, file all necessary tax information and reports with federal, state and local taxing authorities, including an Internal Revenue Service Form 1099, to report the income of Far West. Customer shall not withhold or pay income taxes, Social Security taxes, disability, workers' compensation, or unemploy inent insurance payments, and any other assessments or taxes from the monies paid to Far West hereunder, unless required to do so by law or as authorized by Far West in writing. Far West represents and warrants that Far West will report all income earned from Customer pursuant to this Agreement and pay all federal, state and local income and self-employment taxes and other assessments required to be paid under applicable law. In addition to any other indemnity provided hereunder, Far West agrees to indemnify and hold Customer harmless from and against any claims made against Customer on account of the non-payment of taxes by Far West. 18. INSURANCE. Each party will determine the types and amounts of insurance coverage it requires in connection with this Agreement. Neither party is required to obtain insurance for the benefit of the other party. Each party shall pay all costs and receive all benefits under policies arranged by it. Each party waives rights of subrogation it may otherwise have regarding the other party's insurance policies, including but not limited to property insurance, business interruption insurance, and other first -party insurance. Notwithstanding the foregoing, Far West shall maintain workers' compensation insurance with minimum limits of $1,000,000 and Commercial L!