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Customer Indemnity Form
"I need a Customer Indemnity Form under Singapore law for my fintech company that covers cryptocurrency trading activities, with specific focus on protecting against customer trading losses and regulatory compliance issues, to be implemented by March 2025."
1. Parties: Identification of the indemnifying party (customer) and the indemnified party (company)
2. Background: Context and purpose of the indemnity arrangement
3. Definitions: Key terms used in the document including 'Indemnified Party', 'Losses', 'Claims'
4. Scope of Indemnity: Detailed description of what losses, damages, and claims are covered by the indemnity
5. Duration: Time period for which the indemnity remains valid and enforceable
6. Governing Law: Specification that Singapore law governs the agreement
7. Execution Block: Signature sections for all parties with witness requirements
1. Insurance Requirements: Details of any insurance coverage required to support the indemnity obligations
2. Limitation of Liability: Any caps or restrictions on the scope of the indemnity obligations
3. Notice Requirements: Procedures and timeframes for notifying claims under the indemnity
4. Dispute Resolution: Process for resolving disputes related to the indemnity
1. Schedule 1 - Covered Events: Comprehensive list of events or circumstances covered by the indemnity
2. Schedule 2 - Excluded Events: Specific exclusions from the indemnity coverage
3. Schedule 3 - Claims Procedure: Step-by-step process for making and handling claims under the indemnity
4. Schedule 4 - Required Notices: Ƶ and formats for required notices under the indemnity
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