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2 <br /> in Exhibit 2, HAC shall have an audit completed by an independent certified public <br /> accountant at the end of HAC ' s fiscal year, and submit such audit within 120 days of <br /> the end of HAC ' s fiscal year to the County' s Office of Management and Budget . This <br /> agreement is conditioned upon the County ' s receipt of Grant funding . <br /> 4 . HAC shall comply with all applicable laws, regulations, ordinances and Indian River <br /> County policies in the performance of this Agreement and the Grant. <br /> 5 . This Agreement may be terminated by either party in the event of a substantial failure <br /> by the other party to perform in accordance with the terms of this Agreement or the <br /> Grant upon thirty (30) days prior written notice . Either party may cure such <br /> substantial failure during the thirty (30) day notice period . In the event the County <br /> terminates this Agreement, HAC shall return all funds under this Agreement not used <br /> as of the date of termination to the County within ten ( 10) calendar days . Upon such <br /> termination by the County, in addition to any other remedies available to the County <br /> at law, in equity, or under the Grant, the County shall have the right to enter into a <br /> new agreement with any other party for the provision of services under the Grant. <br /> 6 . The parties intend that HAC shall be an independent contractor and not the agent of <br /> the County in performing the services specified in this Agreement and that HAC shall <br /> have control of its work and the manner in which it is performed. <br /> 7 . HAC shall indemnify and save harmless the County, its agents, officials, and <br /> employees from and against any and all claims, liabilities, losses, damage, or causes <br /> of action, including reasonable attorney fees, which may arise from any misconduct, <br /> negligent act, or omissions of HAC, its agents, officers, or employees in connection <br /> with the performance of this Agreement . <br /> 8 . HAC shall, no later than July 15 , 2003 , provide to the Indian River County Risk <br /> Management Division a certificate or certificates issued by an insurer or insurers <br /> authorized to conduct business in Florida that is rated not less than category A- : VII by <br /> A. M . Best, subject to approval by Indian River County ' s risk manager, of the <br /> following types and amounts of insurance : <br /> i . commercial general liability insurance in an amount not less then $500, 000 <br /> combined single limit for bodily injury and property damage, including <br /> coverage for premises/operations, products/completed operations, contractual <br /> liability, and independent contractors ; <br /> ii . business automobile liability insurance in an amount not less than $500, 000 <br /> per occurrence combined single limit for bodily injury and property damage, <br /> including coverage for owned autos and other vehicles , hired autos and other <br /> vehicles, non-owned autos and other vehicles; and <br /> iii . Workers ' Compensation and Employer' s Liability (current Florida statutory <br /> limit) . <br /> L 8 . 1 Insurance Administration. The insurance certificates, evidencing all required <br /> insurance coverages shall be fully acceptable to County in both form and content, <br /> and shall provide and specify that the related insurance coverage shall not be <br /> cancelled without at least thirty (30) calendar days prior written notice having been <br />