Release And Hold Harmless Template for Netherlands

The Release And Hold Harmless Agreement is commonly used in the Netherlands when parties wish to definitively settle potential claims and establish clear liability boundaries. This document is particularly relevant following incident resolution, activity participation, or business transaction completion where parties seek to prevent future disputes. It's structured according to Dutch legal requirements and typically includes detailed provisions about released claims, indemnification scope, and consideration. The agreement must comply with the Dutch Civil Code (Burgerlijk Wetboek) and cannot exclude liability for intentional misconduct or gross negligence. It's especially useful in scenarios involving potential personal injury, property damage, or business disputes where one party wishes to be protected from future claims while the other receives consideration for providing this protection.

1. Parties: Identification of the Releasor (party giving the release) and Releasee (party being released), including full legal names and addresses

2. Background: Context of the release, including the relationship between parties and relevant circumstances leading to the agreement

3. Definitions: Key terms used throughout the agreement, including 'Claims', 'Released Matters', and 'Indemnified Parties'

4. Release: Core provision detailing the scope of claims being released and matters covered by the release

5. Hold Harmless and Indemnification: Clause specifying the indemnification obligations and hold harmless provisions

6. Consideration: Description of the consideration provided in exchange for the release and indemnification

7. Representations and Warranties: Statements by the parties regarding their capacity, authority, and understanding of the agreement

8. No Admission of Liability: Statement that the agreement does not constitute an admission of liability by any party

9. Governing Law and Jurisdiction: Specification of Dutch law as governing law and jurisdiction for disputes

10. Entire Agreement: Integration clause stating this document represents the complete agreement between parties

11. Execution: Signature blocks and execution requirements