indemnification agreement template is a indemnification agreement template sample that gives infomration on indemnification agreement template doc. When designing indemnification agreement template, it is important to consider different indemnification agreement template format such as indemnification agreement template word, indemnification agreement template excel. You may add related information such as construction indemnity agreement sample, types of indemnity agreements, subcontractor indemnification agreement, indemnity agreement real estate.
indemnification agreement template
b. as a condition of such, the indemnified party wishes to be indemnified and held harmless, as more fully set forth in this indemnity agreement below. in consideration of foregoing, and of the mutual covenants contained herein, the receipt and sufficiency of which are hereby acknowledged, the parties to this agreement hereby agree as follows: pandatip: an example of where this agreement may be useful is where a party is using another’s property for a function, and the latter party does not want to have any responsibility for what may happen at the function. in connection with [description]; or (ii) any accident, injury or death to persons, or loss of or damage to property, or fines and penalties which may result, in whole or in part, by reason of [description] except to the extent that such damage is due solely and directly to the negligence of the indemnified party.
in witness whereof, the parties to this agreement have caused this indemnity agreement to be duly executed, delivered and effective as of the date of the last party to sign below. if more than two partners are involved, the template can be modified to include them as well. pandadoc is not responsible for examining or evaluating such third party materials, and does not provide any warranties relating to the third party materials.
protect yourself or your client by using this sample indemnity agreement template (hold harmless agreement) as a base to establish financial responsibility. indemnitee shall, as a condition precedent to indemnitee’s right to be indemnified under this agreement, give the company notice in writing as soon as a simple indemnification agreement template (also known as a hold harmless agreement); sections to hold harmless a company or business for any burden, , construction indemnity agreement sample, construction indemnity agreement sample, types of indemnity agreements, subcontractor indemnification agreement, indemnity agreement real estate, indemnity agreement real estate
indemnification agreement template format
the company shall indemnify indemnitee to the fullest extent permitted by law if indemnitee was or is or becomes a party to or witness or other participant in, or is threatened to be made a party to or witness or other participant in, any claim by reason of (or arising in part out of) any indemnifiable event against expenses and other liabilities, including all interest, assessments and other charges paid or payable in connection with or in respect of such expenses. in addition, indemnitee shall give the company such information and cooperation as it may reasonably require and as shall be within indemnitees power, to the extent that doing so is consistent with the exercise of the indemnitees rights under the federal and state constitutions. the company hereby agrees to indemnify the indemnitee to the fullest extent permitted by law, notwithstanding that such indemnification is not specifically authorized by the other provisions of this agreement, the companys certificate of incorporation, the companys bylaws (as now or hereafter in effect) or by statute. the company agrees with indemnitee that the company is the indemnitor of first resort of indemnitee with respect to matters for which indemnification is provided under this agreement and that the company will be obligated to make all payments due to or for the benefit of indemnitee under this agreement without regard to any rights that indemnitee may have against the other indemnitor.
if indemnitee is entitled under any provision of this agreement to indemnification by the company for some or a portion of expenses or other liabilities incurred in connection with any claim, but not, however, for all of the total amount thereof, the company shall nevertheless indemnify indemnitee for the portion of such expenses and other liabilities to which indemnitee is entitled. in the event of an action instituted by or in the name of the company under this agreement to enforce or interpret any of the terms of this agreement, indemnitee shall be entitled to be paid all expenses incurred by indemnitee in defense of such action (including costs and expenses incurred with respect to indemnitees counterclaims and cross-claims made in such action), and shall be entitled to the advancement of expenses with respect to such action. if the company and indemnitee have previously entered into an indemnification agreement providing for indemnification of indemnitee by the company, the parties entry into this indemnification agreement shall be deemed to amend and restate such indemnification agreement to read in its entirety as, and to be superseded by, this indemnification agreement. nothing contained in this agreement shall be construed as giving indemnitee any right to be retained in the employ of the company or any of its subsidiaries or affiliated entities.
print or download a customized hold-harmless (indemnity) agreement. for example: where the indemnitee was found to be negligent or the cause of any indemnity agreement. agreement of indemnification dated (date) between (undersigned) and ______(indemnitees)______. for value received, an indemnity agreement is a contract that ‘holds a business or company form indemnity, intermediate form indemnity, limited form indemnity, , mutual hold harmless agreement template, indemnity agreement sample india, should i sign an indemnity agreement, should i sign an indemnity agreement, indemnification clause, construction indemnity agreement sample, types of indemnity agreements, subcontractor indemnification agreement, indemnity agreement real estate, mutual hold harmless agreement template, indemnity agreement sample india, should i sign an indemnity agreement, indemnification clause
indemnification agreement template download
in consideration and as a condition of the indemnifier and the indemnitee entering into this agreement and other valuable consideration, the receipt and sufficiency of which consideration is acknowledged, the indemnifier and the indemnitee agree as follows: 2. indemnity. in the event of any claim or action, indemnitee must promptly provide indemnifier with written notice of the claim or action and will notify indemnifier of any legal proceedings relating to the claim or action within five (5) days of indemnitee’s receipt of notice of such proceedings. during the course of this agreement, it may be necessary for indemnitee to share proprietary information, including trade secrets, industry knowledge, and other confidential information, to indemnifier in order for indemnifier to indemnify the indemnitee.
this section remains in full force and effect even after termination of the agreement by it’s natural termination or the early termination by either party. in the event any provision of this agreement is deemed invalid or unenforceable, in whole or in part, that part shall be severed from the remainder of the agreement and all other provisions should continue in full force and effect as valid and enforceable. this agreement may be entered into and is legal and binding both in the united states and throughout europe. the parties acknowledge and agree that this agreement represents the entire agreement between the parties.