North Carolina Hold Harmless Agreement Template
This Hold Harmless Agreement ("Agreement") is entered into as of the ___ day of __________, 20__, by and between ________________ (the "Indemnifier") and ________________ (the "Indemnitee"), collectively referred to as the "Parties". This Agreement is specifically subject to and governed by the laws of the State of North Carolina, intended to provide indemnity and limitation of liability in certain situations as described herein.
1. Scope of Agreement
The Indemnifier agrees to hold the Indemnitee harmless from and against any and all liabilities, losses, damages, expenses, including reasonable attorney fees, claims, penalties, judgments, and settlements that may be asserted by a third party as a result of the activities covered by this Agreement. The scope of this indemnification specifically includes, but is not limited to ________________________________________________________________________ [provide a detailed description of the activities, scenarios, or circumstances covered by this Agreement].
2. Exceptions
This Agreement does not provide indemnity for any claims, liabilities, losses, or expenses arising out of the Indemnifier's willful misconduct or gross negligence.
3. Duration of Agreement
This Agreement shall begin on the date first above written and shall continue in effect until ____________, 20__.
4. State Law
This Agreement shall be governed by and construed in accordance with the laws of the State of North Carolina, without giving effect to any choice or conflict of law provision or rule. Any legal suit, action, or proceeding arising out of, or related to, this Agreement shall be instituted exclusively in the federal courts of the United States or the courts of the State of North Carolina, in each case located in the City of ________ and County of ________. The Parties hereby waive any and all objections to the exercise of jurisdiction over them by such courts and to venue in such courts.
5. Entire Agreement
This Agreement constitutes the sole and entire agreement between the Parties with respect to the subject matter contained herein and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, with respect to such subject matter.
Signatures
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first above written.
- Indemnifier Signature: ___________________________ Date: _______________
- Indemnitee Signature: ___________________________ Date: _______________