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Release And Hold Harmless Agreement
"I need a Release and Hold Harmless Agreement to protect my construction company from future claims related to a completed renovation project, where the client has reported minor issues but we've agreed to settle with a small payment in March 2025."
1. Parties: Identifies and defines the parties entering into the agreement
2. Background: Explains the context and purpose of the release agreement
3. Definitions: Defines key terms used throughout the agreement
4. Release Provisions: Details the specific claims, rights, or obligations being released
5. Hold Harmless Provisions: Specifies indemnification obligations and protection from future claims
6. Governing Law: Specifies that English and Welsh law governs the agreement
7. Execution: Signature blocks and execution requirements
1. Consideration: Details any payment or value exchanged for the release - used when there is specific consideration being provided for the release
2. Confidentiality: Provisions regarding confidentiality of the agreement and its terms - used when parties wish to keep the agreement and its terms private
3. Non-Admission of Liability: Statement that the agreement does not constitute admission of liability - used in dispute resolution scenarios
4. Future Claims: Provisions regarding unknown future claims - used when parties want to address potential future claims
1. Schedule of Released Claims: Detailed list of specific claims being released
2. Schedule of Excluded Claims: List of claims specifically excluded from the release
3. Schedule of Related Parties: List of additional parties covered by the release provisions
Authors
Claim
Effective Date
Released Claims
Released Parties
Releasor
Releasee
Related Parties
Losses
Indemnified Parties
Liability
Dispute
Consideration
Confidential Information
Representatives
Subject Matter
Excluded Claims
Parties
Business Day
Force Majeure
Material Breach
Term
Governing Law
Jurisdiction
Hold Harmless
Indemnification
Consideration
Confidentiality
Waiver
Non-Admission of Liability
Severability
Entire Agreement
Amendment
Assignment
Notice
Force Majeure
Governing Law
Jurisdiction
Third Party Rights
Further Assurance
Counterparts
Costs
Time of Essence
Good Faith
Warranties
Dispute Resolution
Survival of Terms
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