Illinois Hold Harmless Agreement
This Illinois Hold Harmless Agreement ("Agreement") is made effective as of ________ [Insert Date], by and between ________ [Insert Name of the Protected Party], with a mailing address of ________ [Insert Address], (hereinafter referred to as the "Protected Party"), and ________ [Insert Name of the Promisor], with a mailing address of ________ [Insert Address], (hereinafter referred to as the "Promisor").
WHEREAS, the Promisor agrees to indemnify and hold the Protected Party harmless from and against any and all claims, losses, damages, liabilities, penalties, punitive damages, expenses, reasonable legal fees and costs of any kind or amount whatsoever, which result from the action or omission of the Promisor, provided that such action or omission, whether intentional or negligent, is the direct cause of said claim, loss, damage, liability, penalty, punitive damage, expense, or fee.
This Agreement shall be governed by and construed in accordance with the laws of the State of Illinois, without giving effect to any principles of conflicts of law.
Terms and Conditions
- Indemnification. The Promisor shall indemnify and hold the Protected Party harmless from any and all claims, including but not limited to, those mentioned in the preamble of this Agreement.
- Duration. This Agreement shall commence on the effective date as written above and shall remain in full force and effect until ________ [Insert End Date], unless otherwise terminated by either party with a written notice.
- Governing Law. This Agreement shall be governed by the laws of the State of Illinois.
- Dispute Resolution. Any disputes under this agreement shall be resolved through mediation, and if necessary, legally through the courts of Illinois.
Signature
IN WITNESS WHEREOF, the Parties acknowledge that they have read and understand this Agreement and voluntarily accept the duties and obligations set forth herein. The Parties to this Agreement hereby consent to the exclusive jurisdiction and venue of the courts of the State of Illinois in any dispute arising out of or relating to this Agreement.
Protected Party:
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Signature
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Date
Promisor:
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Signature
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Date