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What is the hold harmless requirement?

Hold Harmless Agreement: An agreement whereby the first party (the indemnitor) agrees to hold a second party (the indemnitee) harmless from tort liability arising out of the indemnitors negligent act or omission.

What is a hold harmless form?

Types of Hold Harmless Agreements In order from most to least protective, the three types of indemnity agreements are broad form, intermediate form, and limited form. In the explanations below, we will refer to parties as either indemnitors or indemnitees.

What is an example of a hold harmless agreement?

Hold harmless agreements are not just for high-risk activities like skydiving. They are also found in more common, everyday situations. For example, an apartment lease may include a hold harmless clause stating that the landlord is not responsible for any damage caused by the tenant.

What are the benefits of a hold harmless agreement?

A hold harmless agreement is designed to protect parties involved in a contract by shifting the responsibility for certain risks and liabilities onto one party. This can help safeguard against potential financial losses or legal claims that may arise from the activities related to the contract.

Does a hold harmless agreement need to be notarized?

The Contractor shall defend, indemnify and hold the County, its officers, officials, employees and volunteers harmless from any and all claims, injuries, damages, losses or suits including attorney fees, arising out of or in connection with the performance of this Agreement, except for injuries and damages caused by