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This document serves as a liability release and hold harmless agreement for spouses or dependents participating in an authorized business trip related to Charleston Southern University.
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What is hold harmless agreement?
A hold harmless agreement is a contractual agreement in which one party agrees to not hold the other party liable for any damages, losses, or legal claims that may arise from a particular activity or transaction.
Who is required to file hold harmless agreement?
The requirement to file a hold harmless agreement may vary depending on the specific situation and the parties involved. However, it is typically used in situations where there is potential for risk or liability, such as when two parties are entering into a business partnership or participating in a potentially dangerous activity.
How to fill out hold harmless agreement?
To fill out a hold harmless agreement, both parties must clearly identify themselves, provide a description of the activity or transaction, and outline the specific risks involved. The agreement should also clearly state the terms under which one party agrees to hold the other harmless, including any limitations or exclusions of liability.
What is the purpose of hold harmless agreement?
The purpose of a hold harmless agreement is to protect one party from legal claims or liability that may arise from a specific activity or transaction. It helps to allocate the risk between the parties involved and can provide a sense of security and reassurance when entering into potentially risky situations.
What information must be reported on hold harmless agreement?
The information that must be reported on a hold harmless agreement typically includes the names and contact information of the parties involved, a clear description of the activity or transaction, the specific risks involved, the terms under which one party agrees to hold the other harmless, and any limitations or exclusions of liability.
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