Hold Harmless Agreement Template: What's Included

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Template Hold Harmless Agreement

Template Hold Harmless Agreement

This Hold Harmless Agreement protects one party (the Indemnitee) from legal responsibility for specified activities or events by transferring the risk to another party (the Indemnitor). It clearly outlines the scope of protection, including covered activities, potential risks, and any insurance requirements for the Indemnitor. The agreement also addresses the term, governing law, and other standard provisions to ensure its enforceability.

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Created By Dolan W.

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A hold harmless agreement template specifies that one party won’t hold the other liable if their working relationship is marked by damages, losses, or injuries. When drafted properly, it can protect clients’ interests and avoid lawsuits.

You can purchase a Hold Harmless Agreement template from ContractsCounsel, an online legal network that connects clients with vetted lawyers. This document is clear, legal, and comprehensive, taking the stress out of contract drafting.

Read the rest of this article to explore what’s included in this agreement template and how to fill it out. Keep your working relationships professional and on good terms.

What’s Inside a Hold Harmless Agreement Template?

This template contains key aspects to govern the working relationship between parties. These include the following:

Indemnification

The indemnitor will hold the indemnitee harmless from all damages, losses, expenses, fines, penalties, liabilities, and costs. This includes attorneys’ fees arising from specific activities or services.

Scope

Specify the claims covered by the agreement, such as specific activities or duties. The indemnitor will take on all risks associated with these so that the indemnitee is released from liability.

Insurance

Insurance guarantees that the indemnitor has the money to cover claims. Specify the insurance type and policy limits that apply.

Terms and Termination

This specifies the start and end date of the agreement. If a party wants to end it, they need to give a specific number of days’ written notice to the other party.

How to Fill out the Hold Harmless Agreement Template

There are specific details to include in the agreement template to customize it for your situation. Here are the steps to follow when filling it out.

• Step 1: Fill in the effective date of the agreement, and both parties’ names and addresses.
• Step 2: Describe the activity, service, or transaction for which the indemnitee is held harmless.
• Step 3: Mention claims covered by the agreement, such as specific activities or operations.
• Step 4: If applicable, mention the type of insurance required by the indemnitor and policy limits.
• Step 5: Specify the start and end of the agreement.
• Step 6: Choose the number of days parties need to give written notice if they want to end the agreement.
• Step 7: Specify what state’s laws govern the agreement.
• Step 8: Both parties must sign, print their names, and titles (if applicable), and write down the date.

Why Should You Purchase a Hold Harmless Agreement Template from ContractsCounsel?

ContractsCounsel’s Hold Harmless Agreement template is convenient and simple to purchase. Here’s what to know about it.

• It’s Instantly downloadable. You’ll receive a link to download the agreement to your device after purchasing it.
• It’s legally drafted. Professional lawyers who have been vetted on the platform have drafted this Hold Harmless Agreement template, so it’s clear and legal.
• It can include a consultation. You can hire the lawyer who drafted the agreement template if you have any queries.
• It’s editable. You can customize the template with specific details to suit your situation.
• It’s affordable. The Hold Harmless Agreement template costs just $29.

Do you need a Hold Harmless Agreement template?

Visit the ContractsCounsel Hold Harmless Agreement template page. Click ‘buy template’ and you’ll be directed to a page where you can complete payment. Once completed, you’ll download the template and start using it.