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Reciprocal Hold Harmless Agreement
"I need a Reciprocal Hold Harmless Agreement under Swiss law for a joint construction project between our company TechBuild AG and SmartConstruct GmbH, starting March 2025, with specific focus on shared equipment usage and site safety responsibilities."
1. Parties: Identification and details of the contracting parties
2. Background: Context of the agreement, relationship between parties, and purpose of the hold harmless arrangement
3. Definitions: Key terms used throughout the agreement, including 'Indemnified Parties', 'Claims', 'Losses', and scope of activities covered
4. Reciprocal Indemnification Obligations: Core mutual obligations where each party agrees to hold harmless and indemnify the other
5. Scope of Indemnification: Detailed description of what is and isn't covered by the indemnification
6. Limitations of Liability: Any caps or exclusions to the indemnification obligations, consistent with Swiss law
7. Notice Requirements: Procedures for notifying the other party of claims and timing requirements
8. Defense of Claims: Process for defending against third-party claims and cooperation between parties
9. Duration: Term of the agreement and survival of obligations
10. General Provisions: Standard clauses including governing law, jurisdiction, entire agreement, and amendments
1. Insurance Requirements: Required when parties need to maintain specific insurance coverage to support their indemnification obligations
2. Specific Activity Provisions: Used when the agreement relates to specific projects or activities requiring detailed description
3. Confidentiality: Include when parties need to exchange sensitive information in relation to claims or covered activities
4. Force Majeure: Optional clause addressing circumstances where indemnification obligations might be suspended
5. Alternative Dispute Resolution: Include when parties prefer mediation or arbitration before litigation
6. Currency and Payment Terms: Required when monetary aspects need specific handling, especially in cross-border situations
1. Schedule A - Scope of Activities: Detailed description of activities covered by the hold harmless agreement
2. Schedule B - Excluded Claims: Specific list of claims or circumstances excluded from the indemnification
3. Schedule C - Notice Requirements and Procedures: Detailed procedures for claim notification and handling
4. Appendix 1 - Insurance Requirements: Specific insurance types and coverage amounts required
5. Appendix 2 - Contact Information: Key contacts for claims notification and handling
Authors
Construction
Real Estate
Manufacturing
Energy
Technology
Professional Services
Healthcare
Transportation
Events and Entertainment
Industrial
Retail
Logistics
Research and Development
Education
Facilities Management
Legal
Risk Management
Operations
Procurement
Compliance
Finance
Facilities Management
Commercial
Business Development
Project Management
Health and Safety
Insurance
Contracts Administration
Legal Counsel
Risk Manager
Contract Manager
Project Manager
Operations Director
Facility Manager
Business Development Manager
Procurement Manager
Chief Operating Officer
Compliance Officer
General Counsel
Commercial Director
Chief Financial Officer
Safety Manager
Insurance Manager
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