Indemnity Agreement Form

INDEMNITY AGREEMENT

THIS DEED IS MADE the [Enter Day] day of [Enter Month] year [Enter Year]

BETWEEN
(1) [Enter First Party\'s Name] of [Enter First Party\'s Address] (the ‘First Party’);and
(2) [Enter Second Party\'s Name] of [Enter Second Party\'s Address (the ‘Second Party’).

NOW THIS DEED WITNESSES as follows:
1. The First Party agrees to indemnify and save harmless the Second Party and its successors and assigns, from any claim, action, liability, loss, damage or suit, arising from the following:
[Enter Details]

2. In the event of any asserted claim, the Second Party shall provide the First Party immediate written notice of the same, and thereafter the First Party shall at its own expense defend, protect and save harmless the Second Party against that claim or any loss or liability thereunder.

3. In the event the First Party shall fail to so defend and/or indemnify and save harmless, then in such instance the Second Party shall have the right to defend, pay or settle the claim on its own behalf without notice to the First Party and with full rights of recourse against the the First Party for all fees, costs, expenses and payments made or agreed to be paid to discharge the claim.

4. Upon default, the First Party further agrees to pay all reasonable solicitor’s fees necessary to enforce this Agreement.

5. This Agreement shall be unlimited as to amount or duration.

6. This Agreement shall be binding upon and inure to the benefit of the parties, their successors and assigns.

IN WITNESS OF WHICH the parties have executed this Deed the day and year first above written

(Individual)

(Company)

______________________________
Signed by the First Party
______________________________
in the presence of (witness)

______________________________
Signed for and on behalf of  Ltd

Name

________________

Director

________________

Address

________________
________________
________________

Director/Secretary

________________

Occupation

________________

 

 

______________________________
Signed by the Second Party
______________________________
in the presence of (witness)

______________________________
Signed for and on behalf of  Ltd

Name

________________

Director

________________

Address

________________
________________
________________

Director/Secretary

________________

Occupation

________________