Indemnification Contract Template for Australia

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

4.6 / 5
4.8 / 5

Let's create your Indemnification Contract

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:

Indemnification Contract

"I need an Indemnification Contract for my software development company to protect against intellectual property claims when providing services to a major financial institution, with specific provisions for data breach incidents and third-party code usage."

Document background
This Indemnification Contract template is designed for use in the Australian legal context, providing a comprehensive framework for risk allocation between parties. It should be used when one party needs to protect another against specific risks, losses, or liabilities arising from business operations, transactions, or relationships. The document incorporates key requirements under Australian law, including compliance with the Competition and Consumer Act 2010 and relevant state-based legislation. The contract template includes essential provisions for claim procedures, notice requirements, and enforcement mechanisms, while allowing customization for specific business needs and risk profiles. It's particularly valuable in commercial transactions, corporate governance arrangements, and business relationships where clear risk allocation is crucial.
Suggested Sections

1. Parties: Identifies and defines the indemnifier and indemnitee with their full legal names and details

2. Background: Sets out the context and purpose of the indemnification agreement

3. Definitions: Defines key terms used throughout the agreement, including 'Loss', 'Claim', 'Indemnified Event', etc.

4. Scope of Indemnification: Clearly defines what losses, damages, or claims are covered by the indemnity

5. Indemnification Obligations: Details the specific obligations of the indemnifier, including payment terms and timing

6. Exclusions: Specifies what events, losses, or circumstances are explicitly excluded from the indemnity

7. Claims Procedure: Sets out the process for making and handling indemnification claims

8. Notice Requirements: Specifies how and when notices of claims must be given

9. Defense of Claims: Outlines procedures for defending against third-party claims and allocation of control

10. Duration: Specifies how long the indemnification obligations remain in effect

11. General Provisions: Standard contract clauses including governing law, jurisdiction, and entire agreement

Optional Sections

1. Insurance Requirements: Required when the indemnifier must maintain specific insurance coverage

2. Security: Used when additional security (such as bank guarantees) is required to support the indemnity

3. Subrogation Rights: Include when dealing with insurance-related aspects or recovery rights

4. Third Party Rights: Needed when third parties may have rights under the indemnity

5. Limitations of Liability: Include when there are caps or limitations on the indemnification amount

6. Dispute Resolution: Required when specific dispute resolution procedures are needed beyond court jurisdiction

7. Confidentiality: Include when the indemnification relates to confidential information or requires confidential treatment

Suggested Schedules

1. Schedule of Specific Indemnified Events: Detailed list of specific events or circumstances covered by the indemnity

2. Schedule of Insurance Requirements: Detailed specifications of required insurance coverage, limits, and terms

3. Schedule of Claim Procedures: Detailed procedures and forms for making and processing claims

4. Schedule of Pre-Existing Claims: List of any known claims or circumstances that exist at the time of agreement

5. Schedule of Excluded Events: Detailed list of specific exclusions from the indemnity coverage

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 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

Financial Services

Construction

Manufacturing

Technology

Healthcare

Mining

Energy

Professional Services

Real Estate

Infrastructure

Transportation

Insurance

Telecommunications

Education

Relevant Teams

Legal

Risk Management

Compliance

Finance

Operations

Corporate Governance

Commercial

Insurance

Procurement

Executive Leadership

Business Development

Project Management

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Chief Financial Officer

Contract Manager

Corporate Secretary

Chief Executive Officer

Operations Director

Project Manager

Insurance Manager

General Counsel

Business Development Manager

Chief Risk Officer

Commercial Director

Finance Director

Company 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

Release And Indemnification Agreement

An Australian law-governed agreement that provides both release from existing claims and indemnification against future liabilities between parties.

find out more

Indemnification And Release

An Australian law-governed agreement establishing indemnification obligations and release of claims between parties, with specific provisions for risk allocation and liability management.

find out more

General Indemnity Agreement

An Australian law-governed agreement establishing indemnification obligations between parties, detailing compensation terms for specified losses and liabilities.

find out more

Indemnification Agreement

An Australian law-governed agreement establishing indemnification obligations between parties, including scope, procedures, and limitations for compensating specified losses or liabilities.

find out more

Guarantee And Indemnity Agreement

An Australian law-governed agreement where a guarantor provides a guarantee and indemnity for another party's obligations to a beneficiary.

find out more

Release And Indemnity Agreement

An Australian law-governed agreement that provides for the release of claims and establishes indemnification obligations between parties.

find out more

Indemnification Contract

An Australian-law governed agreement where one party agrees to protect another against specified losses, damages, or liabilities.

find out more

Indemnity Contract

An Australian law-governed agreement where one party agrees to protect another against specified losses or liabilities, structured according to federal and state regulatory requirements.

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: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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 Trust Centre for more details and real-time security updates.