Indemnity clauses what they are how they work and how from hold harmless clause example , image source: www.slideshare.net
16 hold harmless agreement examples – pdf word when to use a hold harmless agreement there are a number of purposes where a hold harmless agreement can be used depending on the situation where this agreement is applicable there are different kinds of benefits that having a hold harmless agreement at hand can provide hold harmless sample clauses law insider hold harmless sample clauses the seller shall protect defend indemnify and hold the purchaser and the issuer and their respective assigns and their attorneys accountants employees officers and directors harmless from and against all losses costs liabilities claims damages and expenses of every kind and character as incurred hold harmless clause definition investopedia hold harmless clause examples in this example the hold harmless clause asks the participant to accept all risks associated with the activity including the risks of injury or contractors often require hold harmless agreements to protect against potential liability arising from their work writing a hold harmless agreement with sample part of their new hire paperwork may include a hold harmless agreement or clause that protects the employee against legal claims this way if the lab technician makes an error they can usually not be held personally responsible for any legal claims instead the employer takes responsibility for any liability hold harmless agreement template and definition 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