Virginia Hold Harmless Agreement
This Hold Harmless Agreement ("Agreement") is made effective as of __________ [Insert Date], by and between __________ [Insert Name of Promisor], residing at __________ [Insert Address of Promisor], hereinafter referred to as "Promisor," and __________ [Insert Name of Promisee], residing at __________ [Insert Address of Promisee], hereinafter referred to as "Promisee." This Agreement pertains to certain activities, services, or events occurring within the state of Virginia and is governed by and construed in accordance with the laws of the Commonwealth of Virginia.
1. Scope of Agreement: Promisor hereby agrees to indemnify and hold harmless the Promisee from any and all claims, liabilities, damages, losses, or expenses, including reasonable attorney's fees and court costs, which may arise directly or indirectly from the activities, services, or events specified herein:
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2. Assumption of Risk: Promisor acknowledges the inherent risks involved in the activities, services, or events covered by this Agreement and assumes full responsibility for personal injury to themselves and (if applicable) their family members, and further agrees to indemnify and hold the Promisee harmless from any claims arising from such injury.
3. Term of Agreement: This Agreement shall commence on __________ [Insert Start Date] and shall remain in full force and effect until __________ [Insert End Date], unless earlier terminated by either party with written notice.
4. Binding Arbitration: Any disputes under this Agreement that cannot be resolved by negotiation between the parties within thirty (30) days shall be resolved by binding arbitration in accordance with the laws of the Commonwealth of Virginia, and the arbitration award may be entered into any court having jurisdiction thereof.
5. Entire Agreement: This Agreement constitutes the entire agreement between the parties pertaining to its subject matter and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, of the parties.
6. Amendment: No amendment, change, or modification of this Agreement shall be valid unless in writing and signed by both parties.
7. Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the Commonwealth of Virginia, without giving effect to any choice or conflict of law provision or rule.
- IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the first date above written.
- Promisor's Signature: __________________________ Date: __________
- Promisee's Signature: __________________________ Date: __________