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Deed Of Indemnity Form Template for Singapore

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Key Requirements PROMPT example:

Deed Of Indemnity Form

"I need a Deed of Indemnity Form under Singapore law to protect my technology company against potential IP infringement claims arising from a software development project, with coverage starting from March 2025."

What is a Deed Of Indemnity Form?

The Deed of Indemnity Form is a crucial legal instrument in Singapore used to provide protection against potential losses or liabilities. It's commonly used in commercial transactions, corporate restructuring, and risk management scenarios where one party needs to provide comprehensive protection to another. The deed format provides additional legal certainty and enforceability compared to contractual indemnities, particularly important under Singapore's common law system. This document typically includes detailed provisions about the scope of indemnity, claim procedures, and any limitations on liability.

What sections should be included in a Deed Of Indemnity Form?

1. Parties: Identification of the indemnifier and indemnitee

2. Background: Context and purpose of the indemnity

3. Definitions: Key terms used in the deed

4. Indemnity Provisions: Core indemnity obligations and scope

5. Duration: Period of effectiveness of the indemnity

6. Execution: Formal execution requirements for a deed

What sections are optional to include in a Deed Of Indemnity Form?

1. Claims Procedure: Process for making claims under the indemnity - used for complex arrangements or where specific claim procedures are required

2. Limitations on Liability: Caps or restrictions on the indemnity - used when parties agree to limit the scope or extent of the indemnity

3. Insurance: Insurance requirements related to the indemnity - used when specific insurance coverage is required to support the indemnity

4. Assignment: Rights to transfer the benefit of the indemnity - used when transfer rights need to be specifically addressed

What schedules should be included in a Deed Of Indemnity Form?

1. Schedule of Specific Risks: Detailed list of risks covered by the indemnity

2. Schedule of Related Agreements: List of agreements connected to the indemnity

3. Form of Notice: Template for making claims under the indemnity

4. Insurance Requirements: Detailed insurance specifications if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























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Industries

Civil Law Act (Cap. 43): Primary legislation governing contract enforceability, including requirements for consideration in contracts and enforceability of indemnities under Singapore law

Contracts (Rights of Third Parties) Act: Legislation governing how third party rights are affected by contractual arrangements, which may be relevant if the indemnity impacts parties not directly involved in the deed

Limitation Act (Cap. 163): Sets out statutory limitation periods and time limits for bringing claims under the deed of indemnity

Companies Act (Cap. 50): Regulates corporate matters including requirements for execution of documents by companies, corporate capacity, and authority to enter into deeds

Conveyancing and Law of Property Act (Cap. 61): Specifies legal requirements for deeds under Singapore law, including formal execution requirements and validity conditions

Common Law Requirements for Deeds: Legal principles covering signing, sealing, and delivery requirements for valid execution of deeds

Common Law Principles on Indemnities: Established legal principles governing the interpretation and enforcement of indemnity provisions

Clear Drafting Requirements: Legal principle requiring clear and unambiguous language in contractual documents, particularly important for indemnity provisions

Rule Against Penalties: Common law doctrine that may affect the enforceability of certain indemnity provisions if they are deemed to be penalties rather than genuine pre-estimates of loss

Doctrine of Unconscionability: Legal principle that may affect the enforceability of indemnity provisions if they are deemed to be unfair or unconscionable

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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