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internal controls and procedures shall include documentation and verification of all gate receipts and admissions and enumeration of admissions. 8. The Association shall purchase liability insurance coverage in an amount of not less than $500,000 per individual injury and $1,000,000 per occurrence during the term of the County Fair. On all insurance policies the County shall be named as additional insured on the policy and copies of the policy shall be submitted to the County at least two weeks prior to the start of the County Fair. The insurance company must be licensed to issue insurance policies in the state of Florida, and must be rated at least A+VII per Best's Key Rating Guide. The policy must be "occurrence" and not "claims made," and the certificate of insurance must provide that the County be given a 30 -day written notice of insurance company's intent to cancel or terminate the policy of insurance. In addition the Association must provide proof of insurance from the amusement/midway company in the amount of $1,000,000 per occurrence/$5,000,000 aggregate, adding County as an additional insured and subject to all above insurance requirements necessary for the Association. 9. The Association hereby releases and holds harmless the County, and the County's officers, employees, and agents, from and against any and all claims for damages, costs, third party claims, judgments, and expense to persons or property, except as a result of the County's negligence, that may arise out of, or be occasioned by, the County Fair, and from any act or omission of any representative, agent, or employee of the Association, and the Association shall indemnify the County against any such claims and any judgments that may be entered in connection therewith, including costs and attorney fees. The Association shall indemnify the County against any claim for damage that any utility, whether publicly or privately owned, may sustain or receive in connection with the County Fair. It is the intention of the parties, and a condition of this agreement, that the Association shall fully and totally indemnify the County against any kind or character of claim whatsoever, except as a result of the County's negligence, that may be asserted against the County or against the County's officers, employees, or agents. Association hereby agrees to defend any and all suits, claims, and causes of action brought against the County arising out of or in connection with the County Fair, except as a result of the County's negligence, and pay any judgment or judgments that may be rendered against the County or against the County's officers, employees, or agents in connection therewith. 10. Association shall be responsible for the payment and approval of all expenses arising from and related to the promotion and operation of the County Fair. Association shall pay to County on or before August 15, 2008„ and on or before August 15 of each successive year during the term of this Agreement that the Association operates the County Fair, one-third of the net profits from the County Fair for the use of the Fairgrounds, to be held by the County in a separate account, which the County shall use for future Fairgrounds improvements. 11. The County will provide trash containers and garbage collection. The Association will pay for water service and sewage pickup for the County Fair. The County may provide up to thirty (30) traffic barricades and up to (30) traffic cones for the Association's use exclusively in connection with the County Fair if, in the County's Public