Release And Indemnity Form

Release And Indemnity Form Template for Nigeria

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

4.6 / 5

4.8 / 5

Let's create your Release And Indemnity Form

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

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:

"I need a Release and Indemnity Form for a construction project in Lagos, Nigeria, where my company will be the main contractor releasing the property owner from any claims related to workplace accidents, while also providing indemnification for any third-party claims arising from our construction activities starting March 2025."

Document background

The Release And Indemnity Form is a crucial legal instrument in Nigerian business and personal transactions where parties seek to manage risk and liability exposure. This document is commonly used in situations involving settlement of disputes, business transactions, employment terminations, or project completions where one party wishes to be released from future claims while also securing protection against potential liabilities. The form must be drafted in accordance with Nigerian contract law principles and may require specific formatting and execution requirements depending on the state jurisdiction within Nigeria. It's particularly important in corporate transactions where clear documentation of risk allocation is essential, and must often be witnessed or notarized to ensure enforceability under Nigerian law. The document typically includes detailed provisions about the scope of release, indemnification obligations, and any specific exclusions or limitations.

Suggested Sections

1. Parties: Identifies and defines all parties to the agreement, including the Releasor (party giving the release) and Releasee (party being released)

2. Background: Provides context for the agreement, including relevant events, relationships, or circumstances leading to the need for the release and indemnity

3. Definitions: Defines key terms used throughout the agreement for clarity and legal certainty

4. Release: Details the specific claims, rights, or actions being released, including the scope and extent of the release

5. Indemnification: Specifies the indemnification obligations, including what types of claims or losses are covered and any limitations

6. Consideration: States the consideration given in exchange for the release and indemnity

7. Representations and Warranties: Contains statements by the parties about their capacity, authority, and understanding of the agreement

8. Governing Law: Specifies that Nigerian law governs the agreement and outlines jurisdiction for disputes

9. Execution: Formal signing section including date and witness requirements

Optional Sections

1. Confidentiality: Include when the release involves sensitive information that must remain confidential

2. Insurance: Add when specific insurance requirements need to be maintained by either party

3. Dispute Resolution: Include when parties wish to specify alternative dispute resolution methods before litigation

4. Severability: Include when parties want to ensure that if any provision is found invalid, the rest of the agreement remains enforceable

5. Language Confirmation: Include when any party is not proficient in English, confirming translation was provided (per Illiterates Protection Act)

6. Future Claims: Include when the release should cover unknown future claims that may arise

7. Third Party Rights: Include when the release and indemnity should benefit or affect third parties

Suggested Schedules

1. Schedule A - Released Claims: Detailed list of specific claims, actions, or rights being released

2. Schedule B - Excluded Claims: List of claims specifically excluded from the release and indemnity

3. Schedule C - Related Agreements: List of any related agreements or documents referenced in the main agreement

4. Appendix 1 - Evidence of Authority: Copies of power of attorney or corporate resolutions proving authority to sign

5. Appendix 2 - Witness Declaration: Required witness statements and declarations, particularly important under Nigerian law

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Construction

Oil and Gas

Manufacturing

Healthcare

Financial Services

Technology

Real Estate

Transportation

Education

Professional Services

Entertainment

Sports

Mining

Agriculture

Telecommunications

Relevant Teams

Legal

Risk Management

Compliance

Human Resources

Operations

Finance

Corporate Affairs

Insurance

Health and Safety

Project Management

Contract Administration

Executive Leadership

Corporate Governance

Claims Management

Business Development

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Human Resources Director

Project Manager

Contract Administrator

Chief Financial Officer

Operations Manager

Company Secretary

Insurance Manager

Claims Manager

Business Development Manager

Site Supervisor

Safety Officer

Corporate Affairs Manager

Find the exact document you need

Guarantee Indemnity Agreement

A Nigerian law-governed agreement combining guarantee and indemnity obligations to secure a party's financial commitments or performance obligations.

��������Ƶ

How a Sales & Marketing Lead uses ��������Ƶ to reduce contract drafting time by 95%

Let's create your Release And Indemnity Form

Authors

Alex Denne

Find the exact document you need

Guarantee Indemnity Agreement

Hold Harmless And Indemnity Agreement

Personal Indemnity Agreement

Release And Indemnification Form

Personal Indemnity Form

Loan Indemnity Agreement

Indemnity Agreement

General Indemnity Agreement

Food Waiver And Indemnification Agreement

Deed Of Indemnity Form

Deed Of Indemnity

Customer Indemnity Form

Consent And Indemnity Form

Company Indemnity Form

Indemnity And Undertaking Agreement

Guarantee And Indemnity Form

General Indemnity Form

Standard Indemnification Agreement

Client Indemnity Form

Loan Indemnification Agreement

Indemnity Release Form

Waiver Of Liability And Indemnity Agreement

Release And Waiver Of Liability And Indemnity Agreement

Indemnification Form

Indemnity Form

Guarantee And Indemnity Agreement

Deed Of Indemnity And Release

Release And Indemnity Form

Mutual Indemnification Agreement

Contract Of Indemnity And Guarantee

Release Indemnification And Hold Harmless Agreement

Letter Of Indemnity Form

Release And Indemnity Agreement

Indemnification Contract

Download our whitepaper on the future of AI in Legal

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Use Cases

��Ƶ

How a Sales & Marketing Lead uses ��Ƶ to reduce contract drafting time by 95%

�ұ�Ծ��’s Security Promise