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4 <br /> 5. Billing and Payment: The Contractor shall submit a bill to the Town for work performed <br /> under the terms of this Agreement. The Contractor shall bill and the Town shall pay the <br /> rates set forth therein.Payment will be made by the Town within thirty(30) days of receipt <br /> of an accurate invoice, approved by the contact person or his/her designee. <br /> 5. Indemnification and Hold Harmless:The Contractor agrees to indemnify and hold harmless <br /> the Town of Chapel Hill and its officers, agents and employees from all loss, liability, <br /> claims or expense (including reasonable attorneys' fees) arising from bodily injury, <br /> including death or property damage to any person or persons caused in whole or in part by <br /> the negligence or willful misconduct of the Contractor except to the extent same are caused <br /> by the negligence or misconduct of the Town. <br /> 6. Financial Records: Contractor agrees to allow the Town to inspect its financial books and <br /> records upon reasonable notice during normal working hours. <br /> 7. Termination for Cause: In the event that Contractor shall cease to exist as an organization <br /> or shall enter bankruptcy proceedings, or be declared insolvent, or liquidate all or <br /> substantially all of its assets, or shall significantly reduce its services or accessibility to <br /> Chapel Hill residents during the term of this Agreement; or in the event that Contractor <br /> shall fail to render a satisfactory accounting as provided herein,then and in that event the <br /> Town may terminate this Agreement and Contractor will return all payments already made <br /> to it by the Town for services which have not been provided or for which no satisfactory <br /> accounting has been rendered. <br /> 8. Insurance Provisions: The Town requires evidence of Contractor's current valid insurance <br /> (if applicable) in the amounts stated below during the duration of the named project and <br /> further requires that the Town be named as an additional insured for Comprehensive <br /> General Liability and Business Automobile policies. The required coverage limits are: 1) <br /> Comprehensive General Liability and Business Automobile - $1,000,000 per occurrence <br /> and 2)Workers' Compensation-$100,000 for both employer's liability and bodily injury <br /> by disease for each employee and$500,000 for the disease policy limit. <br /> 7. Voluntary Agreement Not to Discriminate: The Contractor contractually agrees to <br /> administer all functions pursuant to this Agreement without discrimination because of race, <br /> creed, sex, national origin, age, economic status, sexual orientation, gender identity or <br /> gender expression. <br /> 8. Federal and State Legal Compliance: The Contractor must be in full compliance with all <br /> applicable federal and state laws, including those on immigration. <br /> 9. E-Verify: The Contractor shall comply with the requirements of Article 2 of Chapter 64 of <br /> the North Carolina General Statutes.Further,should Contractor utilize a sub-Contractor(s), <br /> Contractor shall require the sub-Contractor(s) to comply with the requirements of Article <br /> 2, Chapter 64 of the General Statutes. Pursuant to North Carolina General Statute § 143- <br /> Small Service Agreement Revised 5/2016 Page 2 of 5 <br />