Indemnity Agreement Form Template for Hong Kong

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

2. Security: Used when collateral or security is required to support the indemnity obligations

3. Multiple Indemnifiers: Needed when there are multiple parties providing indemnity, addressing joint and several liability

4. Subrogation Rights: Include when specifying rights of the indemnifier to step into the shoes of the indemnitee

5. Limitation of Liability: Optional caps or restrictions on the indemnity obligation

6. Third Party Rights: Required when third parties may have rights under the agreement per Cap. 623

7. Alternative Dispute Resolution: Optional clause for mediation or arbitration before litigation

1. Schedule 1 - Specified Events: Detailed list of events or circumstances covered by the indemnity

2. Schedule 2 - Claim Procedures: Detailed procedures for making and processing indemnity claims

3. Schedule 3 - Excluded Losses: Specific losses or damages excluded from the scope of indemnity

4. Schedule 4 - Insurance Requirements: Detailed insurance requirements including types, amounts, and insurers

5. Appendix A - Form of Claim Notice: Template for submitting indemnity claims

6. Appendix B - Security Documents: Forms of any required security or guarantee documents