Executive Liab & Indemnification Form

Instructions and help about Executive Liab & Indemnification

says we always like to negotiate limits of liability indemnification warranty use of third parties and says the question is really what what is reasonable what comes to me is these and are there other terms that are critical to de-risk your contracts so let's start first of all with limits of liability because we're now talking about a risk event has happened or is we're trying to prevented or we're trying to recover so let's start I mean you're an attorney what are your thoughts on limits of liability yeah so this is this is awesome because it's absolutely true so basically the it limits how much loss one party is going to pay to the other when the risk event happens and there's a loss that can't be controlled and we can determine whose fault it is essential essential that you have to have those in place before you can actually act right that's right so we spend tons of time about something that that's actually pretty complex because you have to be able to have identified a risk event