Best Answer

Ranges from very simple to very complicated.

Simple, "X agrees to indemnify Y against any claims by third parties arising from conduct of X under this agreement."

Complicated: classifications of Y (corporation, employees, directors, agents, vendors, customers), restrictions on types of claims, where claims are brought (in USA, UK, Canada, anywhere else), necessity of timely notice to Y of claim, power of Y to intervene in case against X, obligation of X to reimburse specific expenses of Y, limitations on indemnification costs, etc.

User Avatar

Wiki User

โˆ™ 2007-07-28 04:36:53
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Indemnification clause example
Write your answer...
Related questions

Can you give an example of a subordinate clause and an independent clause?


Example of independent clause?

Here is an example of independent clause:The teacher asked students to study well.

An example of an independent clause?

An independent clause is a sentence that can stand on its own.

Example of necessary and proper clause?

The necessary and proper clause known as the Elastic Clause is a provision in Article One of the United States Constitution. An example of this is mandatory integration.

If the numbers are the same distance from zero What is a non example?

The question is incomplete. There is an if clause but no then clause.

How is an independent clause different from a Dependant clause?

The difference between the independent clause and the dependent clause is: "dependent clause" has a complete thought like for example "the catcher missed the ball" it expresses who missed the ball (the catcher)."independent clause" has no complete thought like for example "the movie idol" it cannot express who is the movie idol.

Can you use a limitation of libility clause and an indemnification clause in the same contract?

Limitation of Liability and Indemnification both address possible liabilities under an agreement but are distinct in purpose. Limitation of liability addresses the liability between the actual parties to the contract and does not govern liabilities that may arise from third party claims that are not a party to the contract. For instance, a party to a contract may only be allowed to pursue direct damages but since the third party is not a party to the contract, the limitation or disclaimer of indirect damages does not apply to that party and they can submit a claim for whatever damages/remedies may be available under law. That's where an indemnity comes in .... Indemnification in a contract sets forth the contracting parties obligations to each other in the event a third party sues or is awarded damages or a party incurs cost to defend itself because of the actions or inaction of the other party to the contract. Indemnification clauses can be very nuanced from standards of negligence to obligations to pay costs vs. awards, atty. fees, and who controls the defense, etc. Depending on how the limitation of liability is drafted, Indemnification and Limitation of Liability may overlap to the extent a liability arising from a 3rd party could be claimed as a damage under the limitation of liability provision (i.e. incidental, consequential, etc.). However, the indemnification clause is used so that there's no ambiguity or selective interpretation as to who's responsible or what type damage it may be.

Can a clause be a sentence?

A clause can be a sentence if it has a subject and a verb but not all clauses do.A clause is a unit structured around a verb phrase.If you need an example of a clause (this is a conditional clause), see the link below.'However, there is a slight clause to the contract.'

A sentence including a relative clause?

"I ate the food that was in the microwave" is an example of a sentence with a relative clause.

What are Subordinate clauses?

Asubordinate(or dependent) clause dose not express a complete thought and cannot stand by itself as a complete sentence.Example: If wishes were horsesThe meaning of a subordinate clause is complete only when the clause is attached to an independent clause.Example: If wishes were horses, then beggars would ride.Sometimes the word that begins the subordinate clause is the subject of the clause.Example: This is a line that comes from a mother goose rhyme.Example: When my grandmother was young, many children were learning mother goose rhymes.Example: This is the trophy that out soccer team won.

What is a subordinate clause mean?

Secondary importance information in the form of a clause, attached to the main clause. For example, " The man, who was an American, was an alligator wrestler.

What is an Example of who clause?

The Boy Who Came Is His Cousin.

A sentence using the word clause?

A clause is a specific part of a legal document. An example sentence would be: She was advised to read that clause very closely.

What you need most is an example of what kind of noun clause?

The clause 'What you need most' is a relative clause with the word 'what' functioning as a relative pronoun. The clause 'relates' to the antecedent for the pronoun 'what'. Example:Time is what you need most. (The noun time is the antecedent and the clause is functioning as the object of the sentence)What you need most is a good kick in the pants. (The noun kick is the antecedent and the clause is functioning as the subject of the sentence)

What does a colon signify in a compound sentence?

The colon signifies that the second independent clause is a example of the independent clause.

Can a dependent clause also be a noun clause?

Yes, a dependent clause is a noun clause. The definition of a clause is a group of words containing a subject noun or pronoun and its verb. Example sentence:John went swimming but Jane didn't.

Which is an example of an independent clause?

Hi,I think that you need to say what the choices for the questions were. If you meant to ask "What is an example of an independent clause?", then here's an example:Greg was hungry, but there was no food in the house.The clause Greg was hungry could be a sentence on its own. That means that it is an independent clause.If you were given a multiple choice question, then you need to add more detail (i.e. the possible answers).

Examples of contract with a penalty clause?

Example of penalty

Give an example of the elastic clause?

The Lousiana Purchase

What is a example of a clause?

I told my wife I was faithful and she believes in me.

Can you give me a sentence for clause?

Example sentence - You must read the contract completely in order to find the clause that applies.

Is as you an adverb clause?

Yes, but only as part of the adverb pair "" For example: He is not as smart as you, where the truncated clause is "as you are smart." Otherwise, it is only part of a clause (e.g. I left as you arrived).

What is a independent clause and dependent clause?

An independent clause it a set of words that by themselves are a complete sentence. For example, "when i killed him." A dependent clause needs an independent clause to be a compllete sentence, thus it is 'dependent' on the other clause. "but they did not find out ", is a dependent clause. Put the two clauses together and you have a sentence: "when i killed him, they did not find out."

What is a clause that cannot stand on its own?

the clause that couldn't stand on its own is called: Dependent clause or Subordinating clause. example: before you leave for work today. another would be: After the long exhausting day. These two examples may contain a subject and a verb (you - subject and leave - verb [for the first example]) but this group of words is dependent clause because this group of words does not express a complete thought and it needs to be attached to a main clause or a independent clause. By the way, a clause that could stand on its own is called a main clause or an idependent clause. An example of which is "I slept for three hours." This in fact is an independent clause or a simple sentence. but if you attach the dependent clause - "After a long exhausting day." you will have a sentence that looks like this: After the long exhausting day, I slept for three hours. (this now becomes a complex sentence. It is a combination of an independent clause and a dependent clause in one sentence.

Example of conjuctive adverb?

Some conjunctive adverbs are: However, thus, consequently, therefore, moreover, instead Main Clause 1, however, Main Clause 2 for example