South Dakota Hold Harmless Agreement
This Hold Harmless Agreement ("Agreement") is entered into by and between the undersigned parties on this ______ day of _______________, 20____. Herein, the party who has agreed to hold harmless and indemnify the other party is referred to as the "Indemnifier", and the party who is being protected is referred to as the "Indemnitee".
1. Identification of Parties
Indemnifier: ________________________________________________________________________
Address: _____________________________________________________________________________
Indemnitee: __________________________________________________________________________
Address: _____________________________________________________________________________
2. Purpose
This Agreement is designed to protect the Indemnitee from certain liabilities, claims, damages, expenses, or losses (collectively, "Claims") that may arise during the execution of a project, provision of services, or any other activity defined herein, notwithstanding the source of such Claims.
3. Scope of Agreement
The Indemnifier agrees to hold harmless and indemnify the Indemnitee against all Claims resulting directly or indirectly from the Indemnifier's actions or inactions during the period of this Agreement. This includes, but is not limited to, Claims related to personal injury, property damage, and infringement of rights. The protection provided by this Agreement applies to Claims arising within the state of South Dakota.
4. South Dakota Law
This Agreement is governed by, and must be construed in accordance with, the laws of the State of South Dakota. Any legal proceedings related to this Agreement must be initiated in the state courts located within South Dakota.
5. Duration
This Agreement begins on the date first written above and shall remain in effect until ____________, 20____, unless extended or terminated earlier in accordance with the provisions herein.
6. Amendment and Termination
This Agreement can only be amended, modified, or terminated by a written document signed by both the Indemnifier and the Indemnitee. An oral agreement will not be effective.
7. Signature
Both parties have read and understood this Agreement and agree to its terms. By signing below, each party is legally bound to this Agreement.
Indemnifier Signature: _______________________________ Date: ____________
Indemnitee Signature: ________________________________ Date: ____________