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Deed Of Indemnity And Release
I need a Deed of Indemnity and Release to protect our parent company and its five Danish subsidiaries from any future claims arising from the planned corporate restructuring that will complete in March 2025, with specific focus on employee and supplier claims.
1. Parties: Identification of all parties to the deed, including full legal names, registration numbers (if companies), and addresses
2. Background: Context of the deed, including relevant history, relationships between parties, and events leading to the need for indemnity and release
3. Definitions: Definitions of key terms used throughout the deed, including 'Claims', 'Indemnified Parties', 'Release Period', etc.
4. Indemnity: Detailed provisions of the indemnity, including scope, nature of claims covered, and duration
5. Release: Specific terms of the release, including what claims are being released and confirmation that the release is unconditional and irrevocable
6. Warranties and Representations: Statements by both parties regarding their authority to enter into the deed and understanding of its implications
7. Consideration: Statement of the consideration being provided for the indemnity and release
8. Governing Law and Jurisdiction: Confirmation of Danish law as governing law and jurisdiction for disputes
9. Execution: Formal execution blocks meeting Danish deed requirements
1. Third Party Rights: Include when the indemnity extends to or affects third parties not directly party to the deed
2. Insurance: Include when specific insurance requirements are needed to support the indemnity
3. Confidentiality: Include when the terms of the indemnity and release need to remain confidential
4. Severability: Include when there's a need to ensure remaining provisions survive if any provision is found invalid
5. Further Assurance: Include when parties may need to take additional actions to give effect to the deed
6. Costs: Include when there's a need to specify how legal and other costs related to the deed are to be borne
1. Schedule 1 - Details of Claims: Detailed description of the claims being indemnified against or released
2. Schedule 2 - Indemnified Parties: List of all parties covered by the indemnity if extending beyond the main parties
3. Schedule 3 - Related Agreements: List and details of any related agreements referenced in the deed
4. Appendix A - Form of Release: Standard form of release to be used if multiple releases are required
5. Appendix B - Supporting Documents: Copies of relevant supporting documents referenced in the deed
Authors
Financial Services
Construction
Manufacturing
Professional Services
Insurance
Real Estate
Healthcare
Technology
Energy
Mining
Transportation and Logistics
Retail and Consumer Goods
Legal
Compliance
Risk Management
Finance
Corporate Governance
Operations
Insurance
Executive Leadership
Business Development
Mergers & Acquisitions
Legal Counsel
Corporate Lawyer
Risk Manager
Compliance Officer
Chief Legal Officer
Company Secretary
Chief Financial Officer
Contract Manager
Business Development Manager
Operations Director
Chief Executive Officer
Insurance Manager
Claims Manager
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