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HOLD HARMLESS AND ASSUMPTION OF THE RISK AGREEMENT FOR PARTICIPATION IN THE BURBANK PUBLIC LIBRARY TEEN SUMMER READING EVENT: SKETCHCRAWL (2015) For and in consideration of attending and participating

How to fill out hold harmless and assumption

How to Fill Out Hold Harmless and Assumption:

1. Begin by carefully reading the entire hold harmless and assumption agreement. Understand the terms and conditions outlined in the document before proceeding.
2. Identify the parties involved in the agreement. This typically includes the party providing the hold harmless and assumption (referred to as the "indemnitor") and the party receiving the indemnity (referred to as the "indemnitee").
3. Clearly state the scope of the hold harmless and assumption. Specify the specific risks or liabilities that the indemnitor is assuming responsibility for and the circumstances under which they will be held harmless.
4. Outline any limitations or exclusions to the hold harmless provision. This can include any specific situations or types of damages that may not be covered.
5. Include any additional terms or conditions that may be relevant to the agreement, such as the duration of the hold harmless and assumption or any termination clauses.
6. Both parties should review and sign the hold harmless and assumption agreement. It is advisable to consult legal counsel before signing any legally binding document.

Who needs hold harmless and assumption?

1. Construction Companies: Construction companies often require subcontractors or suppliers to sign hold harmless and assumption agreements to protect themselves against potential liability for accidents or damages that may occur on the job site.
2. Event Organizers: Event organizers may require vendors, performers, or participants to sign hold harmless and assumption agreements to protect themselves against liability for any injuries or damages that may occur during the event.
3. Service Providers: Professionals offering services such as consulting, coaching, or personal training may ask their clients to sign hold harmless and assumption agreements to protect themselves from any legal claims arising from the services provided.

In summary, filling out a hold harmless and assumption agreement requires a clear understanding of the terms and conditions, identification of the parties involved, outlining the scope and limitations of the hold harmless provision, including additional relevant terms, and obtaining signatures from both parties. This type of agreement is commonly used by construction companies, event organizers, and service providers to protect against potential liabilities.

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