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Hold Harmless Indemnity Agreement Template for Philippines

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Key Requirements PROMPT example:

Hold Harmless Indemnity Agreement

"I need a Hold Harmless Indemnity Agreement for my construction company that will be performing renovation work on a commercial building in Manila, where we'll be indemnifying the property owner against any claims arising from our construction activities starting March 2025."

Document background
The Hold Harmless Indemnity Agreement is a crucial risk management tool in Philippine business operations, designed to allocate and transfer potential risks between parties. This document is commonly used in situations where one party needs protection from potential claims or losses arising from specific activities, relationships, or transactions. The agreement must comply with Philippine civil law, particularly the Civil Code provisions regarding contracts and obligations. It's essential in various business contexts, from construction projects to service agreements, and typically includes detailed provisions about indemnification scope, claim procedures, and defense obligations. The document should be carefully drafted to ensure it's enforceable under Philippine law while effectively protecting the intended party's interests.
Suggested Sections

1. Parties: Identification of the Indemnitor (party providing indemnity) and Indemnitee (party being indemnified), including complete legal names and addresses

2. Background: Context of the agreement, relationship between parties, and purpose of the indemnification

3. Definitions: Key terms used in the agreement, including 'Indemnified Events', 'Losses', 'Claims', and other relevant terminology

4. Scope of Indemnification: Detailed description of what losses, damages, or claims are covered by the indemnity

5. Indemnification Obligations: Specific obligations of the Indemnitor, including defense obligations and payment terms

6. Notice Requirements: Procedures and timeframes for notifying the Indemnitor of claims or potential claims

7. Defense of Claims: Process for defending against third-party claims, including control of defense and settlement

8. Duration: Term of the indemnity agreement and survival provisions

9. General Provisions: Standard contract clauses including governing law, entire agreement, amendments, and severability

Optional Sections

1. Insurance Requirements: Requirements for maintaining specific insurance coverage to support indemnification obligations

2. Limitations on Indemnification: Specific caps, exclusions, or limitations on the scope of indemnification

3. Security Provisions: Requirements for security deposits, bonds, or other financial security to support indemnification obligations

4. Alternative Dispute Resolution: Specific procedures for resolving disputes through mediation or arbitration

5. Subrogation Rights: Rights of the Indemnitor to pursue claims against third parties

6. Force Majeure: Provisions addressing how extraordinary events affect indemnification obligations

7. Confidentiality: Provisions regarding confidential treatment of information exchanged in connection with claims

Suggested Schedules

1. Schedule A - Indemnified Events: Detailed list of specific events, activities, or circumstances covered by the indemnification

2. Schedule B - Claims Procedures: Detailed procedures for handling claims, including forms, contact information, and timelines

3. Schedule C - Insurance Requirements: Specific insurance types, coverage amounts, and provider requirements

4. Appendix 1 - Notice Forms: Template forms for providing notice of claims or potential claims

5. Appendix 2 - Authorized Representatives: List of authorized representatives for both parties who can handle indemnification matters

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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Relevant Industries

Construction

Real Estate

Manufacturing

Events and Entertainment

Healthcare

Transportation and Logistics

Technology Services

Professional Services

Retail

Industrial Services

Sports and Recreation

Education

Relevant Teams

Legal

Risk Management

Operations

Compliance

Finance

Business Development

Project Management

Facilities Management

Procurement

Corporate Affairs

Relevant Roles

Legal Counsel

Risk Manager

Contract Administrator

Business Development Manager

Operations Director

Project Manager

Compliance Officer

Facility Manager

Chief Financial Officer

Chief Legal Officer

Property Manager

Construction Manager

Event Coordinator

Procurement Manager

Industries






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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