Electronically Signing Hold Harmless (Indemnity) Agreement For Free

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The person or party to be held harmless, including the name of the person signing the agreement. The person or party providing protection. The type of protection being provided. A time frame.
The hold harmless clause is a statement in a legal contract that absolves one or both parties in a contract of legal liability for any injuries or damage suffered by the party signing the contract.
A Hold-Harmless Agreement (also known as an Indemnity Agreement) allows one party to protect another party against any future losses or claims that may result from a particular activity.
Once the hold harmless agreement has been completed, simply have all parties sign and date to complete the document. Although not required, it is always a good idea to have the document notarized for extra protection.
A Hold Harmless Agreement is a legal agreement that states that one party will not hold another party liable for risk, often physical risk or damage. The Hold Harmless Clause can be one-way (unilateral) or two-way (reciprocal) agreements and can be signed before or after an activity takes place.
By signing a broad form hold harmless agreement you are possibly exposing your company to insurable risk. Contractual Liability Coverage for sole or gross negligent acts of your client is excluded is y most liability policies. As with all contracts, it is best to have legal counsel review prior to signing.
At least one authority claims that hold harmless protects against losses and liabilities, while indemnify protects against losses alone. Yet not all courts agree. Black's Law Dictionary treats the two as near synonyms. And some experts even suggest cutting hold harmless and leaving just indemnify.
Indemnity is the obligation one party has to make good a loss or damage another party has incurred. Indemnification obligations often require that the indemnity "defend, indemnify and hold harmless" the indemnity from all claims and damages arising out of the indemnity's performance of its contractual obligations.
hold harmless clause. A provision in an agreement under which one or both parties agree not to hold the other party responsible for any loss, damage, or legal liability. In effect, this clause indemnifies the parties on a unilateral or reciprocal basis (as the case may be).
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