All Countries
Insurance
Release And Indemnity Agreement

Release And Indemnity Agreement Generator for Australia

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 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 And Indemnity Agreement Template

"I need a Release and Indemnity Agreement Template for a software development company (as Releasee) to protect against future claims from a client (as Releasor) following the early termination of a project, with specific focus on intellectual property rights and confidential information."

Celebrated by
Collaborations with
Investors
Document background
The Release And Indemnity Agreement Template is a critical legal instrument used in Australian business and personal contexts to manage risk and resolve potential disputes. This document is typically employed when parties wish to conclude a matter definitively or establish ongoing protection against future claims. It combines two important legal concepts: a release that discharges existing or potential claims, and an indemnity that provides protection against future liabilities. The agreement is drafted in compliance with Australian federal and state legislation, including the Australian Consumer Law and relevant state-specific Civil Liability Acts. It's particularly useful following dispute settlements, business transactions, or in situations where parties need to clearly define and allocate risk. The template can be customized for various business contexts while maintaining compliance with Australian legal requirements and common law principles.
Suggested Sections

1. Parties: Identifies and defines all parties to the agreement, including their legal names, addresses, and any relevant registration details

2. Background: Sets out the context and circumstances leading to the agreement, including any relevant incidents or relationships between the parties

3. Definitions: Defines key terms used throughout the agreement to ensure clarity and prevent ambiguity

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

5. Indemnity: Specifies the indemnification obligations, including what is being indemnified against and any limitations

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

7. Warranties and Representations: Lists the warranties and representations made by each party regarding their capacity and authority to enter into the agreement

8. Governing Law and Jurisdiction: Specifies the governing law and courts that have jurisdiction over any disputes

9. Execution: Contains the signature blocks and execution requirements for all parties

Optional Sections

1. Insurance Requirements: Required when specific insurance coverage must be maintained by either party as part of the indemnification obligations

2. Confidentiality: Included when the circumstances of the release or indemnity involve confidential information that needs protection

3. Dispute Resolution: Added when parties wish to specify alternative dispute resolution mechanisms before litigation

4. Severability: Important in complex agreements where certain provisions might be found invalid

5. Assignment: Needed when the rights or obligations under the agreement may need to be transferred

6. Third Party Rights: Required when the release or indemnity affects the rights of third parties

7. Duration and Survival: Included when certain obligations need to survive the main release

8. Force Majeure: Added when external events might affect the indemnification obligations

Suggested Schedules

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

2. Schedule 2 - Indemnified Matters: Comprehensive description of matters covered by the indemnity

3. Schedule 3 - Insurance Requirements: Specific insurance requirements including types of coverage and minimum amounts

4. Appendix A - Related Parties: List of related entities or individuals covered by the release and indemnity

5. Appendix B - Excluded Claims: List of specific claims or matters excluded from the release or indemnity

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
Agreement
Claims
Commencement Date
Confidential Information
Consideration
Effective Date
Excluded Claims
Expenses
GST
Indemnified Parties
Indemnified Matters
Indemnity Period
Liability
Loss
Notice
Parties
Released Claims
Released Matters
Released Parties
Releasor
Releasee
Related Bodies Corporate
Related Entities
Representatives
Surviving Provisions
Term
Third Party Claims
Business Day
Dispute
Force Majeure Event
Governing Law
Insolvency Event
Insurance Requirements
Material Adverse Effect
Permitted Purpose
Schedule
Settlement Sum
Relevant Industries

Construction and Infrastructure

Manufacturing

Professional Services

Healthcare

Technology and Software

Real Estate and Property

Financial Services

Retail and Consumer Goods

Transportation and Logistics

Energy and Resources

Entertainment and Media

Education

Relevant Teams

Legal

Risk Management

Compliance

Operations

Finance

Insurance

Corporate Affairs

Commercial

Human Resources

Executive Leadership

Project Management

Business Development

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Contract Manager

Business Development Manager

Operations Manager

Chief Financial Officer

Chief Legal Officer

Insurance Manager

Claims Manager

Corporate Secretary

Project Manager

Human Resources Director

Chief Executive Officer

Commercial Manager

Industries
Australian Consumer Law (Competition and Consumer Act 2010): Governs consumer protection and fair trading practices, including restrictions on unfair contract terms and misleading or deceptive conduct. This is crucial for ensuring the release and indemnity clauses are enforceable and don't violate consumer rights.
Contract Law (Australian Common Law): Fundamental principles of contract formation, including offer, acceptance, consideration, and intention to create legal relations. This forms the basis for the agreement's validity.
Civil Liability Acts (State-specific): Each Australian state has its own Civil Liability Act that governs liability and indemnification. These acts set out rules for negligence, liability limitations, and the enforceability of release clauses.
Insurance Contracts Act 1984: Relevant when the indemnity agreement involves insurance aspects or when one party is required to maintain insurance as part of the indemnification obligations.
Corporations Act 2001: If any party to the agreement is a corporation, this Act's provisions regarding corporate capacity and execution of documents must be considered.
Competition and Consumer Act 2010: Contains provisions about anti-competitive behavior and restricts certain types of exclusions and limitations of liability, particularly in business-to-business contexts.
Electronic Transactions Acts: Relevant for electronic execution and storage of the agreement, ensuring electronic signatures and records are legally valid and enforceable.
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.

Read our Privacy Policy.