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Release And Indemnity Form

Release And Indemnity Form Generator for England and Wales

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Key Requirements PROMPT example:

Release And Indemnity Form

"I need a Release and Indemnity Form for my construction company to release a subcontractor from all claims relating to the completed office building project, while ensuring they indemnify us against any future third-party claims arising from their work."

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Document background
The Release And Indemnity Form is a crucial risk management tool used across various sectors in England and Wales. It provides legal protection by combining a release of claims with indemnification obligations. This document is particularly valuable when parties need to conclude a relationship or transaction with certainty that no future claims will arise, or when one party needs protection against potential third-party claims. The form must comply with English and Welsh contract law principles and cannot exclude certain types of liability, such as death or personal injury caused by negligence.
Suggested Sections

1. Parties: Identification of all parties involved in the release and indemnity agreement

2. Background: Context and circumstances leading to the release and indemnity

3. Definitions: Key terms used throughout the document

4. Release Provisions: Specific terms of release from liability or claims, including scope and limitations of release

5. Indemnification Provisions: Terms of indemnification including scope, limitations, and procedures for claiming indemnity

6. Governing Law: Specification of English and Welsh law as governing law and jurisdiction

Optional Sections

1. Consideration: Details of any payment or consideration for the release and indemnity

2. Insurance Requirements: Specific insurance obligations and coverage requirements

3. Confidentiality: Terms regarding confidentiality of the agreement and its contents

4. Dispute Resolution: Procedures for resolving disputes including mediation or arbitration provisions

Suggested Schedules

1. Schedule of Released Claims: Detailed list of specific claims being released under the agreement

2. Schedule of Indemnified Parties: Comprehensive list of additional parties covered by the indemnity provisions

3. Schedule of Insurance Requirements: Detailed specifications of required insurance coverage and limits

4. Evidence of Authority: Documentation proving signatories' authority to enter into the agreement

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

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alex.den.21@genieai.co
Relevant Industries
Relevant Teams
Relevant Roles
Industries

Law of Contract: Common law principles governing formation and enforcement of contracts in England and Wales

Contracts (Rights of Third Parties) Act 1999: Legislation governing how third parties may enforce terms of a contract

Unfair Contract Terms Act 1977: Regulates unfair terms in contracts, particularly exclusion clauses and limitations of liability

Consumer Rights Act 2015: Primary consumer protection legislation affecting contracts between businesses and consumers

Unfair Terms in Consumer Contracts Regulations 1999: Protects consumers against unfair standard terms in contracts with sellers or suppliers

Limitation Act 1980: Sets time limits within which different types of legal claims must be brought

Third Parties (Rights against Insurers) Act 2010: Allows third parties to claim directly against insurers in certain circumstances

Contracts (Applicable Law) Act 1990: Determines which country's laws apply to contractual obligations

Consumer Protection Act 1987: Provides protection for consumers in relation to defective products and safety

Consumer Protection from Unfair Trading Regulations 2008: Prohibits unfair commercial practices between traders and consumers

Data Protection Act 2018: UK's implementation of data protection requirements, working alongside UK GDPR

Equality Act 2010: Protects against discrimination and promotes equality in contractual relationships

Human Rights Act 1998: Ensures contract terms comply with fundamental human rights principles

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

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