This Hold Harmless Agreement ("Agreement") is made effective as of ______ [insert date], by and between ______ [insert name of the person being held harmless] ("Indemnitee"), and ______ [insert name of the person or entity agreeing to hold harmless] ("Promisor"). The purpose of this Agreement is to address the indemnification and hold harmless provisions as they relate to ______ [insert the purpose of the agreement or the specific activity or transaction].
Both parties agree to the terms outlined herein to release, indemnify, and hold harmless the other party to the extent allowed by law within the state of ______ [insert relevant state], considering any specific provisions or requirements under its laws that may impact this Agreement.
1. Scope of the Agreement
The Promisor agrees to indemnify and hold Indemnitee harmless from any claims, losses, damages, liabilities, judgments, or expenses, including reasonable attorneys' fees, related to the purpose of this Agreement as described above.
2. Liability
It is understood that the Promisor's agreement to indemnify the Indemnitee as specified in this document does not waive any legal defenses the Promisor may have under the law of the relevant state noted above.
3. Duration of the Agreement
This Agreement shall be in effect from the date herein and shall continue until ______ [insert the termination date of the agreement or describe how the agreement can be terminated].
4. Entire Agreement
This Agreement contains the entire understanding between the parties concerning the matters addressed herein and supersedes all previous negotiations, agreements, or understandings about such matters.
5. Modification of the Agreement
Any modification to this Agreement must be in writing and signed by both parties.
6. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the state of ______ [insert relevant state], without giving effect to any principles of conflicts of law.
7. Signature
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first written above.
______________________________
[Insert Name of Promisor]
______________________________
[Insert Name of Indemnitee]