Indemnification Agreement: Parties

INDEMNIFICATION AGREEMENT
PARTIES
- This Indemnification Agreement (hereinafter referred to as the “Agreement”) is entered into
on ________________ (the “Effective Date”), by and between
________________________, with an address of ________________ (hereinafter referred to
as the “Indemnifying Party”), and ________________, with an address of
________________ (hereinafter referred to as the “Indemnified Party”) (collectively
referred to as the “Parties”).
INDEMNITY
- The Parties agree that the Indemnified Party will be indemnified from the following:
1. ________________________________________________________________________
2. ________________________________________________________________________
3. ________________________________________________________________________
4. ________________________________________________________________________
5. ________________________________________________________________________
6. ________________________________________________________________________
7. ________________________________________________________________________
8. ________________________________________________________________________
9. ________________________________________________________________________
10. ________________________________________________________________________
INDEMNITY EXCEPTIONS
- The Parties agree that the below exceptions are applicable for the indemnity of the
Indemnified Party:
1. ________________________________________________________________________
2. ________________________________________________________________________
3. ________________________________________________________________________
4. ________________________________________________________________________
5. ________________________________________________________________________
6. ________________________________________________________________________
7. ________________________________________________________________________
8. ________________________________________________________________________
9. ________________________________________________________________________
10. ________________________________________________________________________
AGREEMENT
- The Parties agree on the following points.
1. The Indemnified Party will be indemnified from any claims, judgements, actions or
otherwise when it comes to the costs of attorney/defense fees related to the agreement
between the Parties. This extends to the Indemnifying Party’s representatives, agents,
employees and more.
2. In case any claim arises in consideration with the scope of this Agreement, the Indemnifying
Party will have to pay for the Indemnified Party’s counsel chosen by the Indemnified Party
himself/herself.
3. ___________________________________________________________________________
___________________________________________________________________________
4. ___________________________________________________________________________
___________________________________________________________________________
5. ___________________________________________________________________________
___________________________________________________________________________
6. ___________________________________________________________________________
___________________________________________________________________________
AMENDMENTS
- The Parties agree that any amendments made to this Agreement must be in writing and they
must be signed by both Parties to this Agreement.
- As such, any amendments made by the Parties will be applied to this Agreement
GOVERNING LAW
- This Agreement shall be governed by and construed in accordance with the laws of
________________.
ALTERNATIVE DISPUTE RESOLUTION
- Any dispute or difference whatsoever arising out of or in connection with this Agreement
shall be submitted to ________________ (Arbitration/mediation/negotiation) (Circle one) in
accordance with, and subject to the laws of, ________________.
REPRESENTATION AND WARRANTIES
- The Parties agree and disclose that they are authorized fully for entering this Agreement.
Both Parties’ performances and obligations are not to violate the rights of any third party or
else violate other, if any, agreements made between them and/or any other organization,
person, business or law/governmental regulation.
LIMITATION OF LIABILITY
- Under no circumstances will either party be liable for any indirect, special, consequential, or
punitive damages (including lost profits) arising out of or relating to this Agreement or the
transactions it contemplates (whether for breach of contract, tort, negligence, or other form of
action) in case such is not related to the direct result of one party’s negligence or breach.
SEVERABILITY
- In an event where any provision of this Agreement is found to be void and unenforceable by
a court of competent jurisdiction, then the remaining provisions will remain to be enforced in
accordance with the Parties’ intention.
SIGNATURE AND DATE
- The Parties hereby agree to the terms and conditions set forth in this Agreement and such is
demonstrated throughout by their signatures below:
INDEMNIFYING PARTY INDEMNIFIED PARTY
Name:____________________________ Name:____________________________
Signature:_________________________ Signature:_________________________
Date:_____________________________ Date:_____________________________

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INDEMNIFICATION AGREEMENT

INDEMNIFYING PARTY INDEMNIFIED PARTY

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