Why do you need an indemnity clause?

In most contracts, an indemnification clause serves to compensate a party for harm or loss arising in connection with the other party's actions or failure to act. The intent is to shift liability away from one party, and on to the indemnifying party.

US Legal Forms
Contractors Forms
Indemnification Agreement for a Trust

Indemnification Clause For Construction Contract

Name: Indemnification Clause For Construction Contract
Brand: US Legal Forms
Rating: 4.61 (479 reviews)

Category:

Trusts - Indemnification

State:

Multi-State

Control #:

US-0777-WG

Format:

Instant download

Description Indemnification Agreement Sample

Indemnitors covenant and agree to defend, indemnify and hold harmless, absolutely and unconditionally, the indemnitee from and against any and all damages, losses, claims, demands, actions, causes of actions, costs, expenses, liabilities and obligations of any kind whatsoever, including, but not limited to, attorney's fees in a certain matter.

View Nda for employees

View this form

View Termination of employer employee relationship

View this form

View Termination by employee without cause

View this form

View Comments for unsatisfactory performance for employees

View this form

View Employee policies and procedures

View this form

How to fill out Indemnification Clause For Construction Contract?

There's no more need to waste hours looking for legal papers to comply with your local state requirements. US Legal Forms has accumulated all of them in one place and simplified their accessibility. Our platform provides more than 85k templates for any business and personal legal scenarios arranged by state and area of use All forms are appropriately drafted and verified for validity, so you can rest assured in obtaining an up-to-date Indemnification Clause For Construction Contract.

If you are familiar with our platform and already have an account, you need to make sure your subscription is valid before obtaining any templates. Log in to your account, select the document, and click Download. You can also get back to all acquired paperwork any time needed by opening the My Forms tab in your profile.

If you've never dealt with our platform before, the process will take a few more steps to complete. Here's how new users can find the Indemnification Clause For Construction Contract in our catalog:

Read the page content carefully to make sure it has the sample you require.
To do so, utilize the form description and preview options if any.
Utilize the Seach field above to browser for another template if the previous one didn't suit you.
Click Buy Now next to the template title once you find the appropriate one.
Select the preferable subscription plan and create an account or sign in.
Make payment for your subscription with a credit card or via PayPal to proceed.
Select the file format for your Indemnification Clause For Construction Contract and download it to your device.
Print your form to complete it manually or upload the sample if you prefer to work with an online editor.

Preparing formal paperwork under federal and state laws and regulations is fast and straightforward with our library. Try out US Legal Forms now to keep your documentation in order!

Personal Indemnity Form Rating

4.61

Satisfied(479)

Indemnification Form Form popularity

Indemnification Contract Other Form Names

Indemnification Document Indemnification Fill Indemnification Buy Indemnification Online Indemnification Statement Indemnification Trust Indemnity Fund

Indemnification Agreement Template FAQ

Based upon my experience litigating construction cases, the following are 7 typical construction contract clauses that are commonly the source of contractual disputes: (1) scope, price, and time provisions; (2) flow down clauses; (3) pay-when-paid/pay-if-paid provisions; (4) termination for convenience clauses; (5) no

In most contracts, an indemnification clause serves to compensate a party for harm or loss arising in connection with the other party's actions or failure to act. The intent is to shift liability away from one party, and on to the indemnifying party.

Indemnification is a concept whereby one party contractually agrees or is otherwise legally obligated to bear the financial risks of another party. These parties are respectively known as the indemnitor and indemnitee. The construction industry relies on indemnification clauses to manage and transfer risk.

Company/Business/Individual Name shall fully indemnify, hold harmless and defend and its directors, officers, employees, agents, stockholders and Affiliates from and against all claims, demands, actions, suits, damages, liabilities, losses, settlements, judgments, costs and expenses (including but not

Indemnity Clause:Every independent contractor agreement should feature an indemnity clause. The purpose of this clause is to ensure that the independent contractor will be held liable for any damage or injury resulting from the independent contractor's work performed under the contract.

Interesting Questions

More info

Indemnity clauses are common in construction contracts and require one party to indemnify (i.e. Indemnification provisions play an important role in managing the risks associated with construction contracting.Construction projects are risky. Contracts allocate risks between the parties. An indemnity clause is an important element of a contract as it allocates the risk for claims for loss or damage between contracted parties. A Standard Clause providing limited coverage indemnification language that can be used for any party to a construction contract.

Indemnification Clause For Construction Contract

Description Indemnification Agreement Sample

Indemnity Terms Related forms

How to fill out Indemnification Clause For Construction Contract?

Show more info

Personal Indemnity Form Rating

Indemnification Form Form popularity

Indemnification Contract Other Form Names

Indemnification Agreement Template FAQ

What are the most important clauses in a construction contract for the contractor?

Why do you need an indemnity clause?

What is an indemnification clause in a construction contract?

How do you write an indemnification clause?

Can you indemnify an independent contractor?

Interesting Questions

What is an indemnification clause in a construction contract?

Why is an indemnification clause important in a construction contract?

What types of losses are typically covered by an indemnification clause?

Does an indemnification clause always make one party fully responsible for any damages or losses?

Are there any limitations to an indemnification clause in a construction contract?

Can an indemnification clause protect against all liabilities in a construction contract?

What should I consider before agreeing to an indemnification clause?

Can an indemnification clause be modified or removed from a construction contract?

What happens if a party fails to fulfill its indemnification obligations?

Should I consult an attorney before signing a construction contract with an indemnification clause?

More info

Trusted and secure by over 3 million people of the world’s leading companies