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ARIAS. S. SAMPLE FORM 3.2: HOLD HARMLESS AGREEMENT In the Matter of the Arbitration Between Petitioner, and. Respondent STIPULATION WHEREAS, (names of panel members) have been appointed to serve as
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A hold harmless agreement is a legal contract between two parties where one party agrees to assume responsibility for the risks associated with a specific activity or service provided by the other party.
Typically, both parties involved in the agreement are required to sign and file the hold harmless agreement.
To fill out a hold harmless agreement, parties need to clearly outline the terms of the agreement including the specific activities or services being covered, the risks being assumed, and the extent of liability being waived.
The purpose of a hold harmless agreement is to protect one party from any legal or financial consequences that may arise from the other party's actions or negligence during the agreed-upon activity or service.
The hold harmless agreement should include details about the parties involved, the specific activity or service being covered, the risks being assumed, and the extent of liability being waived.
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