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: indemnity. in the event of any claim or action, the indemnitee must promptly provide the indemnifier with written notice of the claim or action and will notify the indemnifier of any legal proceedings relating to the claim or action within five (5) days of the indemnitee’s receipt of notice of such proceedings. during the course of this agreement, it may be necessary for the indemnitee to share proprietary information, including trade secrets, industry knowledge, and other confidential information, with the indemnifier in order for the indemnifier to indemnify the indemnitee.
this section remains in full force and effect even after termination of the agreement by its natural termination or 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 shall 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.
an indemnity agreement is a contract where those involved agree that the other be ‘held harmless’ for losses or damages, or where the parties agree that the other is legally exempt from losses or damages incurred. 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. if the indemnified party is an organization, they may want to protect the interests of their employees, agents and directors individually as well.
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. use this cooperative agreement or memorandum of agreement can be used to legally lay out the steps toward an agreed upon result. pandadoc is not responsible for examining or evaluating such third party materials, and does not provide any warranties relating to the third party materials.
a simple indemnification agreement template (also known as a hold harmless agreement); sections to hold harmless a company or business for any burden, loss, protect yourself or your client by using this free indemnity agreement template as a base to establish financial responsibility. print or download a customized hold-harmless (indemnity) agreement. for example: where the indemnitee was found to be negligent or the, indemnity agreement sample pdf, indemnity agreement sample pdf, hold harmless and indemnity agreement sample, free indemnity agreement template, hold harmless and indemnity agreement pdf.
an indemnity agreement is a document used to protect one party, known as the indemnitee, from liability based on the actions of another party, this indemnification agreement (this “agreement”) is made as of , by and between acucela inc., a washington corporation (the “company”), and (the “indemnitee”). this indemnification agreement (“agreement”) is effective as of , by and between agreement, or of other indemnitees under similar indemnity agreements)., construction indemnity agreement sample, what does indemnity mean in legal terms, indemnity form bank, indemnity form for travel.
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