¶¶Òõ¶ÌÊÓÆµ

Release Indemnification And Hold Harmless Agreement Template for New Zealand

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

4.6 / 5
4.8 / 5

Let's create your Release Indemnification And Hold Harmless Agreement

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:

Release Indemnification And Hold Harmless Agreement

"I need a Release Indemnification and Hold Harmless Agreement for my construction company in Auckland, which will be acting as a subcontractor on a major commercial building project starting March 2025, where we need to indemnify the main contractor and property owner against any claims arising from our work."

Document background
The Release Indemnification And Hold Harmless Agreement is a vital risk management tool in New Zealand's legal landscape, commonly used when parties need to allocate risk and protect against potential claims or liabilities. This document is particularly relevant in situations involving high-risk activities, business transactions, or where clear delineation of liability is essential. It combines three key elements: release of existing claims, protection against future claims (indemnification), and an agreement not to hold the protected party liable (hold harmless). The agreement must comply with New Zealand law, including the Contract and Commercial Law Act 2017, Fair Trading Act 1986, and relevant common law principles. It's frequently used in business transactions, construction projects, professional services, and various commercial arrangements where risk allocation is a crucial consideration.
Suggested Sections

1. Parties: Identifies and defines all parties to the agreement, including the indemnifying party (releasor) and the party being indemnified (releasee)

2. Background: Provides context for the agreement, describes the relationship between the parties, and outlines the circumstances necessitating the release and indemnification

3. Definitions: Defines key terms used throughout the agreement, including 'Claims', 'Losses', 'Indemnified Parties', and other relevant terms

4. Release: Details the specific claims, rights, and causes of action being released by the releasor

5. Indemnification: Specifies the scope of indemnification, including what types of claims, losses, and damages are covered

6. Hold Harmless: Contains the hold harmless provisions, detailing the obligation to protect the releasee from claims and losses

7. Consideration: Specifies the consideration being provided in exchange for the release and indemnification

8. Representations and Warranties: Contains statements of fact and promises made by the parties regarding their capacity and authority to enter into the agreement

9. Duration: Specifies how long the release and indemnification obligations remain in effect

10. General Provisions: Standard boilerplate clauses including governing law, entire agreement, severability, and amendment provisions

Optional Sections

1. Insurance Requirements: Used when one party is required to maintain specific insurance coverage to support their indemnification obligations

2. Exclusions: Added when certain types of claims or losses need to be specifically excluded from the scope of the release and indemnification

3. Third Party Rights: Included when the release and indemnification are intended to benefit specific third parties

4. Dispute Resolution: Added when parties want to specify particular dispute resolution procedures or arbitration requirements

5. Confidentiality: Included when the circumstances surrounding the release and indemnification need to remain confidential

6. Survival: Used when certain provisions need to survive the termination or expiration of the agreement

7. Step-In Rights: Added when one party needs the right to take over certain obligations or defenses in the event of a claim

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims, causes of action, or rights being released

2. Schedule of Indemnified Activities: List of specific activities, operations, or circumstances covered by the indemnification

3. Schedule of Excluded Claims: List of specific claims or circumstances excluded from the release and indemnification

4. Insurance Requirements Schedule: Detailed specifications of required insurance coverage, including types, amounts, and terms

5. Schedule of Indemnified Parties: List of additional parties (beyond the primary releasee) who are covered by the indemnification

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 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

Manufacturing

Real Estate

Professional Services

Healthcare

Energy

Mining

Technology

Entertainment

Sports and Recreation

Transportation

Education

Financial Services

Insurance

Retail

Relevant Teams

Legal

Risk Management

Compliance

Operations

Finance

Insurance

Commercial

Procurement

Health and Safety

Project Management

Business Development

Corporate Affairs

Contracts Administration

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Contract Manager

Project Manager

Operations Director

Chief Financial Officer

Insurance Manager

Business Development Manager

Chief Executive Officer

Commercial Director

Health and Safety Manager

Construction Manager

Procurement Manager

General Counsel

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

Indemnity Agreement (Construction)

A New Zealand-governed agreement establishing indemnification obligations and risk allocation between parties in construction projects.

find out more

Indemnification Agreement (Construction)

A New Zealand-governed agreement establishing indemnification obligations and risk allocation between parties in construction projects.

find out more

Bond Indemnity Agreement

A New Zealand-governed agreement where a surety provides a bond to a beneficiary, with the principal debtor agreeing to indemnify the surety against claims.

find out more

Third Party Indemnity Agreement

A New Zealand-governed agreement establishing a three-way indemnity arrangement where one party agrees to protect another against third-party claims or losses.

find out more

Environmental Indemnity Agreement

A New Zealand law-governed agreement that provides environmental liability protection and defines responsibilities for environmental risks and contamination between contracting parties.

find out more

General Indemnity Agreement

A New Zealand-governed agreement establishing indemnification obligations between parties, defining protection against specified losses and liabilities.

find out more

Environmental Indemnification Agreement

A New Zealand law-governed agreement establishing environmental liability protection and risk allocation between parties, including contamination, compliance, and remediation obligations.

find out more

Gap Indemnity Agreement

A New Zealand legal agreement providing protection during the gap between property settlement and title registration.

find out more

Loan Indemnification Agreement

A New Zealand law-governed agreement establishing indemnification terms and obligations related to a loan arrangement, ensuring protection against potential losses or liabilities.

find out more

Employee Indemnification Agreement

A New Zealand law-governed agreement protecting employees from personal liability arising from their employment duties.

find out more

Contractor Indemnification Agreement

A New Zealand law-governed agreement establishing contractor indemnification obligations and claim procedures to protect the engaging company against potential losses or damages.

find out more

Hold Harmless Indemnity Agreement

A New Zealand-governed agreement where one party agrees to protect another from specific losses, damages, or legal claims.

find out more

Guarantee And Indemnity Agreement

A New Zealand law-governed agreement where a guarantor assumes responsibility for another party's obligations to a creditor, providing additional security for the creditor.

find out more

Contract Of Indemnity And Guarantee

A New Zealand law-governed agreement where a guarantor assumes responsibility for another party's obligations or debts to a creditor.

find out more

Release Indemnification And Hold Harmless Agreement

A New Zealand law-governed agreement that combines release of claims, indemnification provisions, and hold harmless clauses to manage and transfer risk between parties.

find out more

Release And Indemnity Agreement

A New Zealand-governed legal document that releases one party from liability while providing indemnification against future claims or losses.

find out more

Indemnification Contract

A New Zealand law-governed agreement where one party agrees to protect another against specified losses, damages, or liabilities, with detailed provisions for claims and compensation.

find out more

Indemnity Contract

A New Zealand law-governed agreement establishing indemnification obligations between parties, detailing protection scope, claims procedures, and liability limitations.

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.