A permittee who will sponsor an open house shall file, before a permit shall be issued, (a) a permit application form and fee with the Zoning Official to obtain a permit; (b) a certificate of insurance with the Zoning Official evidencing that liability insurance is in effect in an amount of not less than one million ($1,000,000.00) dollars and naming the Borough as an additional insured, issued by an insurance company authorized to do business within the State of New Jersey; and (c) with the Borough Clerk a signed indemnification and hold harmless agreement, in a form acceptable to the Borough Attorney, agreeing to indemnify and hold harmless the Borough, its officers, elected officials, agents, employees and assigns, from any and all claims, suits or causes of action for damages or injuries resulting from the placement of such signs upon the public right-of-way.