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Release Hold Harmless And Indemnity Agreement

Release Hold Harmless And Indemnity Agreement Template for Singapore

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Key Requirements PROMPT example:

Release Hold Harmless And Indemnity Agreement

"I need a Release Hold Harmless And Indemnity Agreement for a large-scale sports event taking place in Singapore on March 15, 2025, where participants will need to release our company from liability and indemnify us against any claims arising from their participation."

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What is a Release Hold Harmless And Indemnity Agreement?

The Release Hold Harmless And Indemnity Agreement is a crucial legal instrument used in Singapore when parties need to establish clear boundaries of liability and risk allocation. This document is particularly relevant in situations involving potential risks or where parties need to clearly delineate their legal obligations and protections. It combines three essential elements: release of existing claims, protection against future claims, and indemnification provisions. The agreement must comply with Singapore's legal framework, including the Civil Law Act and Unfair Contract Terms Act, ensuring enforceability while providing comprehensive protection to the parties involved.

What sections should be included in a Release Hold Harmless And Indemnity Agreement?

1. Parties: Identification of the parties entering into the agreement

2. Background: Context and circumstances leading to the agreement

3. Definitions: Key terms used throughout the agreement

4. Release: Specific terms of the release from liability

5. Hold Harmless: Terms of protection from claims or liability

6. Indemnification: Scope and terms of indemnity obligations

7. Governing Law: Specification of Singapore law as governing law

8. Execution: Signature blocks and execution details

What sections are optional to include in a Release Hold Harmless And Indemnity Agreement?

1. Insurance Requirements: Required when specific insurance coverage is part of the agreement

2. Term and Termination: Duration of the agreement and termination provisions

3. Dispute Resolution: Specific procedures for resolving disputes

4. Severability: Provisions for maintaining validity if parts are found unenforceable

What schedules should be included in a Release Hold Harmless And Indemnity Agreement?

1. Schedule of Released Claims: Detailed list of specific claims being released

2. Schedule of Indemnified Parties: List of additional parties covered by the indemnity

3. Insurance Schedule: Details of required insurance coverage and limits

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

alex.den.21@genieai.co
Relevant legal definitions




















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Industries

Civil Law Act (Cap. 43): Primary legislation governing contract law principles in Singapore, including formation, validity, and enforcement of contracts

Unfair Contract Terms Act (Cap. 396): Regulates unfair terms in contracts and limits the extent to which civil liability can be excluded or restricted by contract terms

Insurance Act (Cap. 142): Relevant when indemnity provisions relate to insurance matters or insurance-backed indemnities

Companies Act (Cap. 50): Applicable when corporate entities are parties to the agreement, particularly regarding their capacity to provide indemnities

Limitation Act (Cap. 163): Sets statutory time limits for bringing claims and affects the duration of indemnity obligations

Common Law Principles - Contract Formation: Legal principles regarding offer, acceptance, consideration, and intention to create legal relations

Tort Law - Negligence Principles: Fundamental principles governing liability and negligence that affect the scope of indemnity and hold harmless provisions

Contributory Negligence: Legal doctrine affecting how liability is apportioned when both parties have contributed to the loss or damage

Exclusion Clauses Doctrine: Legal principles governing the enforceability of clauses that exclude or limit liability

Unconscionable Bargains Doctrine: Legal principle protecting against unfair advantage where one party is under a special disability or disadvantage

Public Policy Considerations: Legal principles that may void contract terms that are contrary to public policy or public interest

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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