Structure
The Wisconsin Hold Harmless Agreement form plays a crucial role in protecting parties from potential liabilities arising from various activities or events. This agreement is designed to ensure that one party agrees to assume responsibility for any claims, damages, or losses that may occur, thereby shielding the other party from financial repercussions. Key aspects of the form include the identification of the parties involved, a clear outline of the activities covered, and specific language that delineates the scope of liability. Additionally, the agreement often requires signatures from all parties, affirming their understanding and acceptance of the terms. By utilizing this form, individuals and organizations can engage in activities with greater confidence, knowing that they have taken steps to mitigate risks associated with unforeseen incidents.
Form Example
This Wisconsin Hold Harmless Agreement ("Agreement") is entered into on this ___ day of ___________, 20__, (the "Effective Date") by and between _________________, with an address of ______________________________________ (hereinafter referred to as the "Indemnifier"), and _________________, with an address of ______________________________________ (hereinafter referred to as the "Indemnitee"), collectively referred to as the "Parties".
WHEREAS, the Parties wish to set forth the terms and conditions under which the Indemnifier shall agree to indemnify, defend, and hold the Indemnitee harmless from and against any and all losses, damages, liabilities, claims, demands, actions, costs, and expenses, including reasonable attorney's fees, arising out of or in connection with the activities described herein, in accordance with the laws of the State of Wisconsin.
NOW, THEREFORE, in consideration of the premises and mutual covenants contained herein, it is hereby agreed as follows:
- Indemnification. The Indemnifier hereby agrees to indemnify, defend, and hold the Indemnitee harmless from and against any and all losses, damages, liabilities, claims, demands, actions, costs, and expenses, including reasonable attorney's fees, arising out of or in connection with _________ [describe the activity or circumstances leading to indemnification], provided such activity is conducted within the State of Wisconsin.
- Scope of Agreement. This Agreement shall apply to any and all activities undertaken by the Indemnitee that are related to _________ [describe the purpose or activity], limited to the jurisdiction of the State of Wisconsin.
- Duration of Agreement. This Agreement shall commence on the Effective Date and shall remain in full force and effect until _________ [insert termination date or event], unless otherwise terminated as provided herein.
- Termination. This Agreement may be terminated by either Party upon _____ [insert number of days] days' written notice to the other Party.
- Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Wisconsin, without giving effect to any choice or conflict of law provision or rule.
- Amendment. This Agreement may only be amended, modified, or supplemented by an agreement in writing signed by each Party hereto.
- Entire Agreement. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, with respect to such subject matter.
IN WITNESS WHEREOF, the Parties have executed this Wisconsin Hold Harmless Agreement as of the date first above written.
INDMNIFIER:
__________________________________
Name: _____________________________
INDEMNITEE:
__________________________________
Name: _____________________________
File Specifications
| Fact Name | Description |
|---|---|
| Purpose | The Wisconsin Hold Harmless Agreement is designed to protect one party from liability for any injuries or damages that may occur during a specific activity or event. |
| Parties Involved | This agreement typically involves two parties: the indemnitor (the one assuming the risk) and the indemnitee (the one being protected). |
| Governing Law | The agreement is governed by Wisconsin state law, which outlines the enforceability and requirements for such agreements. |
| Scope of Liability | The scope can vary, but it generally covers negligence and other claims arising from the activities specified in the agreement. |
| Written Format | For the agreement to be enforceable, it must be in writing and clearly outline the responsibilities and liabilities of each party. |
| Signatures Required | Both parties must sign the agreement to indicate their understanding and acceptance of the terms. |
| Limitations | Wisconsin law may impose limitations on the enforceability of hold harmless agreements, particularly in cases of gross negligence or willful misconduct. |
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