Understanding Electronic Signature Legality for Hold Harmless

How to eSign a document: electronic signature legality for Hold Harmless

what's a hold harmless agreement well a hold harmless agreement can mean that you're gonna give up rights to collect on claims that you have if you sign this hold harmless agreement equally related would being an indemnity agreement where you would end up paying the other person or paying claims that are the other person's fault it can be really problematic for businesses let's start with indemnity agreements they can be an absolute nightmare because you can end up being responsible contractually for torts which your injuries caused to third persons by somebody who you're contractually bound to it's a really nightmare scenario and real closely related to that is a hold harmless agreement and you'll see these in contracts that you know whether it's a vendor contract you're going to have that's generally where you're going to see it really and Wow we fight them tooth and nail to get them out unless maybe we get some sort of mutual indemnity agreement or mutual hold harmless maybe that's fair but it's complicated and it's something you really need to be aware of you need to be wary of and you need to protect yourself in these circumstances by getting some good advice and getting somebody to look over the contracts you're signing because guess what you can get yourself in a hole real fast you can get yourself responsible for a lot of people's things real fast and by things I mean stupid things that they do don't want to go there [Music]