This form provides boilerplate contract clauses that define the exclusivity or nonexclusivity of indemnity as a remedy under the terms of the contract agreement. Different language options for exclusivity and nonexclusivity are included.
Maine Indemnity Provisions - Exclusivity of Indemnity as a Remedy
Category:
State:
Multi-State
Control #:
US-ND1012
Format:
Word;
PDF
Instant download
Description
How to fill out Indemnity Provisions - Exclusivity Of Indemnity As A Remedy?
Choosing the right authorized record template might be a struggle. Obviously, there are a lot of web templates available online, but how can you discover the authorized kind you will need? Use the US Legal Forms site. The support delivers a huge number of web templates, like the Maine Indemnity Provisions - Exclusivity of Indemnity as a Remedy, that can be used for business and personal demands. Every one of the forms are checked by professionals and meet up with state and federal specifications.
When you are presently registered, log in for your accounts and click the Down load switch to have the Maine Indemnity Provisions - Exclusivity of Indemnity as a Remedy. Utilize your accounts to look with the authorized forms you might have bought in the past. Check out the My Forms tab of the accounts and obtain an additional copy in the record you will need.
When you are a fresh consumer of US Legal Forms, allow me to share easy directions that you can stick to:
- Initially, be sure you have selected the right kind to your town/county. You may examine the shape using the Review switch and browse the shape description to make sure it is the right one for you.
- When the kind fails to meet up with your needs, make use of the Seach area to discover the appropriate kind.
- When you are positive that the shape is acceptable, click the Purchase now switch to have the kind.
- Opt for the prices plan you desire and type in the required info. Create your accounts and purchase your order making use of your PayPal accounts or charge card.
- Select the document file format and down load the authorized record template for your gadget.
- Comprehensive, change and produce and sign the received Maine Indemnity Provisions - Exclusivity of Indemnity as a Remedy.
US Legal Forms will be the greatest catalogue of authorized forms where you can discover numerous record web templates. Use the service to down load skillfully-manufactured papers that stick to express specifications.
Form popularity
FAQ
California's workers' compensation laws generally provide that workers' compensation is the exclusive remedy against an employer for an employee's injury or death that arises during the course and scope of employment.
The Exclusive Remedy clause reduces the amount a party may owe for a breach of a representation, warranty or covenant by making the negotiated indemnification provisions the exclusive remedy for causes of action arising from the acquisition.
Essentially, exclusive remedy provisions restrict a party's available remedies for specified claims to the remedies set out in the contract and exclude the party from seeking other types of remedies for that action.
Letters of indemnity should include the names and addresses of both parties involved, plus the name and affiliation of the third party. Detailed descriptions of the items and intentions are also required, as are the signatures of the parties and the date of the contract's execution.
Workers' compensation is often considered the "exclusive remedy" for job-related injuries because it generally gives employers immunity from lawsuits in exchange for coverage of medical costs, missed work, and other injury-related expenses.
In an Exclusive Remedy Clause (the ?Clause?), the parties to a merger agree that the indemnification provisions included in the merger agreement are the exclusive remedy for causes of action arising from the merger, the merger agreement, and the terms therein.
The Exclusive Remedy clause reduces the amount a party may owe for a breach of a representation, warranty or covenant by making the negotiated indemnification provisions the exclusive remedy for causes of action arising from the acquisition.
How to Write an Indemnity Agreement Consider the Indemnity Laws in Your Area. ... Draft the Indemnification Clause. ... Outline the Indemnification Period and Scope of Coverage. ... State the Indemnification Exceptions. ... Specify How the Indemnitee Notifies the Indemnitor About Claims. ... Write the Settlement and Consent Clause.
