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In this tutorial presented by OFlaherty Law, Kevin O'Flaherty explains indemnification clauses, which can be standalone agreements or part of larger contracts that shift liability risk from one party to another. By agreeing to indemnify someone, you're committing to reimburse them for losses incurred due to actions taken by you or your agents. Such clauses are particularly relevant in independent contractor agreements, where, for example, an independent contractor may agree to indemnify the hiring business against lawsuits resulting from their work, thereby protecting the business from potential liability.
