What is the purpose of an indemnification agreement?

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
Localized Forms
California
Santa Clara
Indemnification Agreement for Litigation

Santa Clara California Indemnification Agreement for Litigation

Name: Santa Clara California Indemnification Agreement for Litigation
Brand: US Legal Forms
Rating: 4.65 (449 reviews)

Category:

Contracts - Indemnification

State:

Multi-State

County:

Santa Clara

Control #:

US-60786

Format:

Instant download

Description

This is a multi-state form covering the subject matter of the title.

Commercial Lease Extension

How to fill out Santa Clara California Indemnification Agreement For Litigation?

Laws and regulations in every area differ throughout the country. If you're not an attorney, it's easy to get lost in countless norms when it comes to drafting legal documentation. To avoid costly legal assistance when preparing the Santa Clara Indemnification Agreement for Litigation, you need a verified template legitimate for your county. That's when using the US Legal Forms platform is so advantageous.

US Legal Forms is a trusted by millions online catalog of more than 85,000 state-specific legal forms. It's a perfect solution for specialists and individuals looking for do-it-yourself templates for different life and business scenarios. All the forms can be used many times: once you pick a sample, it remains available in your profile for future use. Thus, if you have an account with a valid subscription, you can simply log in and re-download the Santa Clara Indemnification Agreement for Litigation from the My Forms tab.

For new users, it's necessary to make a couple of more steps to obtain the Santa Clara Indemnification Agreement for Litigation:

Examine the page content to make sure you found the appropriate sample.
Take advantage of the Preview option or read the form description if available.
Search for another doc if there are inconsistencies with any of your requirements.
Click on the Buy Now button to get the document when you find the correct one.
Choose one of the subscription plans and log in or sign up for an account.
Select how you prefer to pay for your subscription (with a credit card or PayPal).
Pick the format you want to save the file in and click Download.
Fill out and sign the document on paper after printing it or do it all electronically.

That's the easiest and most cost-effective way to get up-to-date templates for any legal reasons. Locate them all in clicks and keep your paperwork in order with the US Legal Forms!

Form Rating

4.65

Satisfied(449)

Form popularity

FAQ

Indemnification provisions are generally enforceable. There are certain exceptions however. Indemnifications that require a party to indemnify another party for any claim irrespective of fault ('broad form' or 'no fault' indemnities) generally have been found to violate public policy.

At their core, indemnification provisions transfer liabilities related to a claim from one party to another party, generally in the event of a breach of contract or a party's negligence or misconduct in the performance of the agreement.

Do hereby for ourselves and our heirs, legal representatives, executors and administrators, jointly and severally UNDERTAKE AND AGREE to indemnify you and your successors and assign against all claims, demands, proceedings, losses, damages, charges and expenses which may be raised against or incurred by you by Page 2

Example 1: Here is an example of a simple indemnity clause in a contract: "I hereby release, acquit and discharge company and its agents and employees from any liability arising from any circumstance including the negligence of company or its employees.

Intermediate indemnity is the most common form of indemnity. With intermediate indemnity the indemnitor assumes liability if it has contributed to the fault. If the indemnitee is solely at fault, the indemnitor is not liable.

Court will not enforce an indemnification provision that indemnifies an indemnitee for its own negligence unless the intention of the parties is clearly and unambiguously expressed. Courts first look for specific language in the contract that address the fault or negligence of the indemnitee.

Indemnity is a contractual agreement between two parties. In this arrangement, one party agrees to pay for potential losses or damages caused by another party.

An indemnification clause is not mandatory for a contract to be valid. If there is no indemnification clause, then the parties will not be entitled to any contractual indemnification.

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

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.

More info

Sub 1 can use the word "indemnify" in the agreement as a basis to sue Sub 2 for indemnity for the possible liability Sub 1 may incur to the general. Or a legal paper that says you will participate in the court process.The language set out in a contract's risk allocation provisions frequently dictates the outcome of contract litigation. Members of the public may address the Board of Education on any issue or any item on the agenda. Please have your parent or legal guardian read these terms with you. Further agree to submit to the jurisdiction of the courts in the State of Utah any claims arising out of this contract. The litigation concerned a motor vehicle accident. Secretive litigation that is getting out of control in this county. Ownership of Site; Agreement to Terms of Use.

Santa Clara California Indemnification Agreement for Litigation

Description

Related forms

Viewed forms

How to fill out Santa Clara California Indemnification Agreement For Litigation?

Show more info

Form Rating

Form popularity

FAQ

Are indemnification agreements enforceable?

Is indemnification a breach of contract?

How do I fill out a letter of indemnity?

How do you write an indemnification clause?

What is the most common form of indemnity agreement?

Do indemnity clauses hold up in court?

What is the process of indemnity?

What happens if there is no indemnification clause?

How do I fill out an indemnity agreement?

What is the purpose of an indemnification agreement?

Are indemnification clauses enforceable?

More info

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