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 Fillable Online Waiver of Liability & Indemnity Agreement D 2019-2025

2019-2025 Form

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hi this is Brett Sanctus with Sanctus law today we're talking about indemnification clauses indemnification is an agreement among parties to a contract for one of them to be responsible if a certain type of thing happens so for example very good example is I hire you to be my salesperson you are out there selling my products you are making a small Commission for doing that and you ask me in the contract we sign to indemnify you if a customer named you in a lawsuit and I may ask I may say that's fine you know you're just getting a little Commission my product if they're upset they might name everyone and you know our grandparents in that lawsuit and so you want some protection from that that's a reasonable ask and I may say okay unless you miss State something a comment carve-outs or unless you're grossly negligent you know stuff like that but yes I'll take that responsibility on and absent that indemnification clause if that third

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