¶¶Òõ¶ÌÊÓƵ

General Indemnity Agreement Surety Template for Hong Kong

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your General Indemnity Agreement Surety

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

General Indemnity Agreement Surety

"I need a General Indemnity Agreement Surety under Hong Kong law for my construction company acting as principal, with three corporate indemnitors and two individual guarantors, to support multiple performance bonds for government infrastructure projects starting January 2025."

Document background
The General Indemnity Agreement Surety is a fundamental document required when businesses need surety bonds for their operations in Hong Kong. This agreement is typically executed before a surety company issues any bonds and serves as the primary risk management tool for the surety. It establishes the framework for the ongoing relationship between the surety and the indemnitors, detailing their respective rights and obligations. The agreement is particularly crucial in construction and commercial projects where bonds are required by project owners or government authorities. It must comply with Hong Kong contract law principles and specific regulations governing suretyship and indemnities. The document includes comprehensive provisions for indemnification, security arrangements, claims procedures, and enforcement mechanisms, ensuring the surety's interests are protected while providing a clear framework for all parties involved.
Suggested Sections

1. Parties: Identifies all parties to the agreement including the Principal, Surety, and Indemnitors

2. Background: Explains the context of the agreement, including the underlying business relationship and need for surety bonds

3. Definitions: Defines key terms used throughout the agreement, including 'Bonds', 'Loss', 'Indemnity Obligations', etc.

4. Indemnification Obligations: Details the scope and extent of indemnification provided to the Surety

5. Security and Collateral: Provisions regarding any security or collateral required to be provided to the Surety

6. Representations and Warranties: Statements of fact and promises made by the Indemnitors

7. Rights of the Surety: Outlines the Surety's rights including investigation, settlement, and handling of claims

8. Claims Procedure: Process for making and handling claims under the agreement

9. Default and Remedies: Consequences of default and available remedies for the Surety

10. Miscellaneous Provisions: Standard clauses including notices, amendments, governing law, etc.

Optional Sections

1. Power of Attorney: Optional section granting specific powers to the Surety, used when broader authority is needed for claim handling

2. Trust Fund Provisions: Used when contract funds need to be held in trust for the Surety's protection

3. Joint and Several Liability: Required when multiple indemnitors are involved

4. Financial Reporting Requirements: Added for larger exposures requiring ongoing financial monitoring

5. Special Conditions: Used when specific circumstances require additional terms or modifications

6. Electronic Communications: Added when parties agree to accept electronic notices and communications

7. Cross-Border Provisions: Required when parties or operations span multiple jurisdictions

Suggested Schedules

1. Schedule 1 - Bonds Schedule: List of bonds covered or to be covered by the indemnity agreement

2. Schedule 2 - Indemnitors Information: Detailed information about each indemnitor including contact details and corporate information

3. Schedule 3 - Security Details: Details of any security or collateral provided

4. Schedule 4 - Claims Procedures: Detailed procedures for claims handling and documentation requirements

5. Appendix A - Form of Notice: Standard form for notices under the agreement

6. Appendix B - Financial Reporting Template: Template for required financial reports if applicable

7. Appendix C - Power of Attorney Form: Standard form for power of attorney if required

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓƵ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses































Relevant Industries

Construction

Infrastructure

Real Estate Development

Manufacturing

Engineering

Government Contracting

Transportation

Energy

Utilities

Mining

Environmental Services

Relevant Teams

Legal

Finance

Risk Management

Treasury

Operations

Commercial

Compliance

Procurement

Project Management

Corporate Secretariat

Relevant Roles

Chief Financial Officer

Finance Director

Legal Counsel

Contract Manager

Risk Manager

Project Director

Commercial Director

Treasury Manager

Company Secretary

Operations Director

Chief Executive Officer

Compliance Officer

Procurement Manager

Business Development Director

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

General Indemnity Agreement Surety

A Hong Kong law-governed agreement establishing indemnification obligations to a surety company for losses arising from issued bonds.

find out more

CPA Engagement Letter

A Hong Kong-compliant engagement letter establishing the terms of service between a CPA firm and its client, governed by HKICPA standards.

find out more

Insurance Waiver Form

A Hong Kong-compliant legal document allowing voluntary waiver of specific insurance coverage or benefits, subject to local insurance regulations and consumer protection laws.

find out more

Consulting Firm Contract

A Hong Kong law-governed agreement establishing terms and conditions between a consulting firm and client for professional consulting services.

find out more

Medical Claim Form

A Hong Kong-compliant form for processing medical insurance claims, capturing essential patient, treatment, and payment information.

find out more

Clinic Receipt

A Hong Kong-compliant medical receipt documenting healthcare services provided and payment received, meeting local regulatory and tax requirements.

find out more

Accounting Client Intake Form

A Hong Kong-compliant accounting client intake form for collecting essential client information and establishing professional service relationships.

find out more

Employment Income Verification Letter

A formal Hong Kong employer-issued document confirming an employee's employment status and income details, commonly used for banking, immigration, and housing purposes.

find out more

Massage Consent Form

A Hong Kong-compliant massage therapy consent form capturing health information, informed consent, and service parameters under local regulations.

find out more

Massage Client Intake Form

A Hong Kong-compliant massage therapy intake form that captures client health information, preferences, and consent while meeting local data protection and healthcare requirements.

find out more

Theft Waiver

A Hong Kong law-governed document that waives the provider's right to claim compensation for theft-related losses from users/customers under specified conditions.

find out more

Procurement Cover Letter With Experience

A formal business document used in Hong Kong to present a company's capabilities and experience when responding to procurement opportunities, following local procurement regulations and business practices.

find out more

Marriage Witness Affidavit

A sworn legal document under Hong Kong law confirming an individual's witness of a marriage ceremony, made before a Commissioner for Oaths or Notary Public.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.