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INDEMNIFICATION AND HOLD HARMLESS AGREEMENT COMMUNITY USE OF SCHOOL FACILITIES (POLICY 705) Name of Organization: * VEIN: Tax Exemption Certificate #: Contact Name: Phone#: Address: City: State: Zip

How to fill out indemnification and hold harmless

How to fill out indemnification and hold harmless:

1. Start by clearly identifying the parties involved in the agreement. This includes the name and contact information of the individual or organization providing indemnification (the indemnitee) and the party being protected (the indemnitor).
2. Describe the specific activities or circumstances that may give rise to potential liability claims. Be as detailed as possible to ensure that both parties have a clear understanding of the risks involved.
3. Clearly state the obligations of the indemnitee. This includes specifying the scope of indemnification and hold harmless, such as whether it covers only legal fees or extends to any damages or losses incurred.
4. Define any limitations or exclusions to the indemnification. This may include specifying that certain types of negligence or intentional misconduct are not covered, or that there is a cap on the amount of indemnification provided.
5. Address the procedures for making and resolving claims. This should outline how and when a claim should be submitted, as well as the process for investigating and resolving claims. It is important to define a timeline for notification and response to ensure timely action.

Who needs indemnification and hold harmless:

1. Businesses engaging in high-risk activities: Industries such as construction, manufacturing, or transportation often involve significant risks. These businesses may require indemnification and hold harmless agreements to protect themselves from potential liability claims.
2. Contractors and subcontractors: When working on construction projects or providing services to clients, contractors and subcontractors may be required to provide indemnification and hold harmless agreements to protect the project owner or client.
3. Event organizers: Individuals or organizations responsible for organizing events, such as concerts, conferences, or festivals, may need indemnification and hold harmless agreements to mitigate any potential liabilities arising from accidents or injuries that occur during the event.

Overall, indemnification and hold harmless agreements are necessary in situations where one party wants to transfer the risk and potential liability to another party. These agreements provide a legal framework to protect parties involved and ensure accountability in case of any disputes.

For pdfFiller’s FAQs

What is indemnification and hold harmless?

Indemnification and hold harmless is a legal agreement in which one party agrees to protect another party from certain liabilities or losses.

Who is required to file indemnification and hold harmless?

Indemnification and hold harmless agreements are typically required in contracts or agreements between two parties.

How to fill out indemnification and hold harmless?

To fill out indemnification and hold harmless, parties must clearly outline the responsibilities and liabilities being indemnified.

What is the purpose of indemnification and hold harmless?

The purpose of indemnification and hold harmless is to allocate risk and protect parties from certain legal liabilities.

What information must be reported on indemnification and hold harmless?

The information reported must include the parties involved, the specific liabilities being indemnified, and the terms of the agreement.

How do I make changes in indemnification and hold harmless?

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