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Standard Indemnification Agreement
"I need a Standard Indemnification Agreement for a construction project in Kuala Lumpur, where my company (ABC Construction Sdn Bhd) will be the indemnified party, protecting us against potential claims arising from subcontractor work and site safety incidents starting from March 2025."
1. Parties: Identifies and defines the parties to the agreement - the Indemnitor (party providing indemnification) and Indemnitee (party being indemnified)
2. Background: Sets out the context and purpose of the indemnification agreement
3. Definitions: Defines key terms used throughout the agreement
4. Scope of Indemnification: Details the specific risks, losses, and circumstances covered by the indemnification
5. Indemnification Obligations: Specifies the Indemnitor's obligations, including defense obligations and payment terms
6. Notice Requirements: Procedures for notifying the Indemnitor of claims and timing requirements
7. Claims Procedures: Process for handling claims, including defense, settlement, and cooperation requirements
8. Limitations and Exclusions: Specific limitations on the indemnification obligation and excluded claims
9. Duration: Term of the indemnification obligations and survival provisions
10. Governing Law and Jurisdiction: Specifies Malaysian law as governing law and sets jurisdiction for disputes
11. General Provisions: Standard contract provisions including amendments, assignments, and severability
1. Cross-Indemnification: Used when both parties are providing mutual indemnification obligations
2. Insurance Requirements: Required when specific insurance coverage must be maintained to support indemnification obligations
3. Security Provisions: Include when collateral or security is required to secure the indemnification obligations
4. Third Party Rights: Required when indemnification extends to affiliated parties or other third parties
5. Dispute Resolution: Alternative dispute resolution procedures, if parties prefer arbitration or mediation
6. Confidentiality: Include when handling of confidential information is relevant to the indemnification obligations
7. Force Majeure: Include when certain events should excuse or modify indemnification obligations
1. Schedule A - Scope of Covered Claims: Detailed list of specific claims, losses, or circumstances covered by the indemnification
2. Schedule B - Excluded Claims: Detailed list of specifically excluded claims or circumstances
3. Schedule C - Claims Procedures: Detailed procedures for claim notification, handling, and resolution
4. Schedule D - Insurance Requirements: Specific insurance types, coverage amounts, and requirements
5. Appendix 1 - Form of Notice: Template for proper notification of claims
6. Appendix 2 - Contact Information: Designated contacts and addresses for notices and claims
7. Appendix 3 - Related Agreements: List of related agreements referenced in the indemnification agreement
Authors
Financial Services
Construction
Manufacturing
Technology
Healthcare
Real Estate
Energy
Transportation
Professional Services
Infrastructure Development
Mining
Agriculture
Telecommunications
Retail
Education
Legal
Risk Management
Compliance
Finance
Operations
Corporate Secretariat
Business Development
Procurement
Insurance
Executive Management
Project Management
Commercial Operations
Legal Counsel
Risk Manager
Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
Compliance Officer
Contract Manager
Project Manager
Business Development Manager
Corporate Secretary
General Manager
Operations Director
Finance Director
Commercial Director
Head of Legal
Head of Risk
Insurance Manager
Procurement Manager
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