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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: 1. indemnified activity. 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. 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 is legal and binding between the parties as stated above. the parties acknowledge and agree that this agreement represents the entire agreement between the parties.
a simple indemnification agreement template (also known as a hold harmless agreement); sections to hold harmless a protect yourself or your client by using this sample indemnity agreement template (hold harmless agreement) as a base whereas, it is reasonable, prudent and necessary for the company contractually to obligate itself to indemnify, and to , indemnity agreement sample pdf, indemnity agreement sample pdf, subcontractor indemnification agreement, hold harmless and indemnity agreement pdf, hold harmless agreement template.
print or download a customized hold-harmless (indemnity) agreement. for example: where the indemnitee was found to be negligent or the cause of any accidents, such as through faulty equipment, they also mention the scope and duration of indemnity. breach of indemnity contract clause and penalty charges for put simply, indemnity is security or protection against a loss. indemnification is most often referred to , should i sign an indemnity agreement, indemnity agreement template uk, indemnity agreement template uk, partnership indemnity agreement, indemnification agreement sec
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