Create a Customized Indemnity (Hold Harmless) Agreement

Dit sjabloon is voorbereid door:

Topstone Solicitors (London), Topstone Solicitors

Activity.

For the purpose of this Agreement, the "Activity" consists of the following:

;

Add next activity

Indemnification.

The Indemnifier

indemnify the Indemnitee in the case of a criminal proceeding.

Indemnification under this Agreement will be

as to amount.

Exceptions.

The Indemnitee will not be entitled to indemnification from the Indemnifier for any expenses, judgments, fines, settlements and other amounts actually and reasonably incurred as the result of the Indemnitee's participation in the Activity where:

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Insurance.

The Indemnifier

take out and maintain insurance coverage with an insurer reasonably acceptable to the Indemnitee on terms reasonable and sufficient to indemnify the participation of the Indemnitee in the Activity.

Notice of Claim.

In the event of any claim or action, the Indemnitee will promptly provide the Indemnifier with written notice of the claim or action and will notify the Indemnifier within

business days of the commencement of any legal proceedings relating to the claim or action. The Indemnitee will provide the Indemnifier with all available information known to the Indemnitee relating to the claim or action.

Authorisation.

In any case where the Indemnitee requires indemnification, the Indemnifier will make the determination of whether indemnification is appropriate having given consideration to the terms described in the section _____ of this Agreement. In all cases

will bear all costs of any independent determination .

The

will bear the burden of proving that indemnification is not appropriate.

The termination of any claim or action by judgment, settlement, order, conviction or upon a plea of "nolo contendere" or its equivalent

create a presumption that the person did not act in good faith and in a reasonable manner or, in the case of a criminal action, that the Indemnitee had reasonable cause to believe that the Indemnitee's conduct was unlawful.

Assumption of Defence.

Settlement and Consent.

The Indemnitee

settle any claim or action without first obtaining the written consent of the Indemnifier. The Indemnifier will not be liable for any amounts paid in settlement of any claim or action if written consent of the Indemnifier was not obtained. The Indemnifier will not unreasonably withhhold consent of any settlement.

The Indemnifier

settle any claim or action without obtaining the written consent of the Indemnitee. The Indemnitee will not unreasonably withold consent to settlement.

Cooperation.

Expenses.

All reasonable Expenses incurred by the Indemnitee to enforce this Agreement and all costs of defending any third party claims or actions brought against the Indemnitee under this Agreement will be the sole responsibility of the

subject to the limits on indemnification described in the section _____ of this Agreement.

The Indemnifier

advance to the Indemnitee any Expenses, including legal fees , incurred by the Indemnitee in defending any action brought against the Indemnitee (the "Advance Payments").

The Indemnifier agrees to make the Advance Payments within

days of the written request of the Indemnitee.

Advance Payments

be made prior to the disposition of any claim where reasonable and to minimise hardship to the Indemnitee.

Payments.

All payments made by the Indemnifier to the Indemnitee will be made in full in immediately available funds within

days of receipt of notice describing an amount owing under this Agreement by the Indemnifier to the Indemnitee (the "Notice of Indemnity").

Where a determination as described under clause _____ of this Agreement concludes that the Indemnitee's behaviour is not entitled to indemnification, this

create a presumption that the Indemnitee is not entitled to indemnification under this Agreement.

Duration.

This Agreement will continue

the Indemnitee is or will be subject to any possible claim or threatened, pending or completed action, suit or proceeding, whether civil, arbitrational, administrative or investigative that result from the participation of the Indemnitee in the Activity.

Subrogation.

Confidential Information.

The Confidential Information will not include information that:

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The obligation to ensure and protect the confidentiality of the Confidential Information imposed on the parties in this Agreement and any obligation to provide notice under this Agreement will survive the expiration or termination, as the case may be, of this Agreement and will continue

from the date of such expiration or termination.

Any Party may disclose any of the Confidential Information:

Add next item

Assignment.

The rights and obligations of the Indemnifier as existing under this Agreement

be assigned in whole or in part to a third party , without the prior written consent of the Indemnitee.

The rights and obligations of the Indemnitee as existing under this Agreement

be assigned in whole or in part to a third party , without the prior written consent of the Indemnifier.

Force Majeure.

Notwithstanding the preceding, in the event such Force Majeure continues for a period of

consecutive months, either party shall have the right, but not the obligation, to serve a written notice on the other terminating this Agreement in full and each shall have no further obligation whatsoever to the other save that the Indemnifier or the Indemnitee shall continue to be obliged to make payments of monies due hereunder but not paid as at the date of termination.

Applicable Law.

This Agreement shall be governed by and construed in accordance with

law and the parties submit to the exclusive jurisdiction of the Courts of England and Wales with regard to any dispute or claim arising under this Agreement.

Pronouns; Statutory References.

Interpretation.

References to this agreement.

Exhibits.

Severability.

Paragraph Headings.

Counterparts.

Entire Agreement.

SIGNED, SEALED AND DELIVERED

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SIGNED, SEALED AND DELIVERED

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Create a Customized Indemnity (Hold Harmless) Agreement

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Create a Customized Indemnity (Hold Harmless) Agreement

Instructies

Indemnity Agreement

Krijg dit document in PDF en Word-bestand

Producten

Learn

Partners

Bedrijfsgrootte

Bedrijfstakken

Afdelingen

Bedrijf

Volg ons