All Countries
Insurance
Employee Indemnification Agreement

Employee Indemnification Agreement Template for New Zealand

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Employee Indemnification 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:

Employee Indemnification Agreement

"I need an Employee Indemnification Agreement under New Zealand law for our technology startup's senior developers who will be working on artificial intelligence projects, with specific coverage for intellectual property decisions and algorithm deployment risks."

Celebrated by
Collaborations with
Investors
Document background
The Employee Indemnification Agreement is essential for organizations operating in New Zealand that wish to provide their employees with protection against personal liability arising from their employment duties. This document is typically implemented when employees are exposed to significant decision-making responsibilities or potential risks in their roles. The agreement details the scope of protection, including legal defense costs and damages, while ensuring compliance with New Zealand legislation, particularly the Companies Act 1993 and Employment Relations Act 2000. It is commonly used for senior executives, directors, and key decision-makers, though it can be adapted for various employee levels based on their risk exposure and responsibilities.
Suggested Sections

1. Parties: Identifies the company providing indemnification and the employee being indemnified

2. Background: Explains the context and purpose of the agreement, including the employment relationship

3. Definitions: Defines key terms including 'Indemnified Events', 'Claims', 'Losses', 'Proceedings', and other relevant terminology

4. Scope of Indemnification: Details the specific circumstances and types of claims covered by the indemnification

5. Exclusions from Indemnification: Clearly states what events or actions are not covered by the indemnification

6. Conditions of Indemnification: Outlines the conditions that must be met for the indemnification to be valid

7. Notification and Claims Procedure: Specifies the process for notifying the company of claims and how claims will be handled

8. Company's Rights and Obligations: Details the company's rights in defending claims and its obligations to the employee

9. Employee's Obligations: Specifies the employee's duties in cooperation, disclosure, and conduct

10. Duration and Survival: States how long the indemnification remains in effect, including post-employment coverage

11. General Provisions: Standard contract clauses including governing law, amendments, and severability

Optional Sections

1. Insurance Coverage: Required when the company maintains D&O or other relevant insurance policies that interact with the indemnification

2. International Coverage: Needed when the employee operates across multiple jurisdictions

3. Advancement of Expenses: Optional section for when the company agrees to advance legal fees and other expenses

4. Special Risk Categories: Required for employees in high-risk positions or industries with specific liability concerns

5. Change in Control Provisions: Needed when protection is required in case of company ownership changes

6. Tax Implications: Required when indemnification payments may have significant tax consequences

7. Dispute Resolution: Optional detailed procedures for resolving disputes about indemnification claims

Suggested Schedules

1. Schedule 1: Specified Positions and Roles: Lists specific positions and roles covered by enhanced or modified indemnification terms

2. Schedule 2: Insurance Policies: Details of relevant insurance policies that complement the indemnification

3. Schedule 3: Claims Procedures: Detailed step-by-step procedures for making and processing indemnification claims

4. Appendix A: Form of Claim Notice: Standard template for submitting indemnification claims

5. Appendix B: Excluded Events: Detailed list of specific events or circumstances excluded from indemnification coverage

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 Industries

Financial Services

Healthcare

Manufacturing

Technology

Professional Services

Construction

Mining and Resources

Retail and Consumer Goods

Education

Transportation and Logistics

Energy

Telecommunications

Relevant Teams

Executive Leadership

Finance

Legal

Operations

Human Resources

Risk Management

Compliance

Sales and Marketing

Research and Development

Information Technology

Project Management

Investment

Corporate Development

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Operating Officer

Director

Senior Manager

Department Head

Project Manager

Risk Manager

Operations Manager

Financial Controller

Legal Counsel

Human Resources Manager

Sales Director

Technical Lead

Research Director

Investment Manager

Compliance Officer

Board Member

Industries
Employment Relations Act 2000: This is the primary legislation governing employment relationships in New Zealand. It sets out fundamental rights and obligations of employers and employees, which any indemnification agreement must not contradict.
Companies Act 1993: Sections 162 and 163 specifically deal with company indemnities and insurance for directors and employees, setting out the scope and limitations of permitted indemnification.
Health and Safety at Work Act 2015: This Act is crucial as it defines workplace safety obligations and liability. Any indemnification must consider these non-transferable statutory duties and potential liability scenarios.
Contract and Commercial Law Act 2017: This legislation provides the fundamental principles of contract law in New Zealand, ensuring the indemnification agreement is legally binding and enforceable.
Insurance Law Reform Act 1977: Relevant for provisions relating to insurance aspects of indemnification, particularly if the agreement includes requirements for insurance coverage.
Fair Trading Act 1986: Ensures that the indemnification terms are not misleading or deceptive and that both parties understand their obligations and rights.
Privacy Act 2020: Important for handling any personal information that may be involved in the indemnification process or claims.
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

Indemnity Agreement (Construction)

A New Zealand-governed agreement establishing indemnification obligations and risk allocation between parties in construction projects.

find out more

Indemnification Agreement (Construction)

A New Zealand-governed agreement establishing indemnification obligations and risk allocation between parties in construction projects.

find out more

Bond Indemnity Agreement

A New Zealand-governed agreement where a surety provides a bond to a beneficiary, with the principal debtor agreeing to indemnify the surety against claims.

find out more

Third Party Indemnity Agreement

A New Zealand-governed agreement establishing a three-way indemnity arrangement where one party agrees to protect another against third-party claims or losses.

find out more

Environmental Indemnity Agreement

A New Zealand law-governed agreement that provides environmental liability protection and defines responsibilities for environmental risks and contamination between contracting parties.

find out more

General Indemnity Agreement

A New Zealand-governed agreement establishing indemnification obligations between parties, defining protection against specified losses and liabilities.

find out more

Environmental Indemnification Agreement

A New Zealand law-governed agreement establishing environmental liability protection and risk allocation between parties, including contamination, compliance, and remediation obligations.

find out more

Gap Indemnity Agreement

A New Zealand legal agreement providing protection during the gap between property settlement and title registration.

find out more

Loan Indemnification Agreement

A New Zealand law-governed agreement establishing indemnification terms and obligations related to a loan arrangement, ensuring protection against potential losses or liabilities.

find out more

Employee Indemnification Agreement

A New Zealand law-governed agreement protecting employees from personal liability arising from their employment duties.

find out more

Contractor Indemnification Agreement

A New Zealand law-governed agreement establishing contractor indemnification obligations and claim procedures to protect the engaging company against potential losses or damages.

find out more

Hold Harmless Indemnity Agreement

A New Zealand-governed agreement where one party agrees to protect another from specific losses, damages, or legal claims.

find out more

Guarantee And Indemnity Agreement

A New Zealand law-governed agreement where a guarantor assumes responsibility for another party's obligations to a creditor, providing additional security for the creditor.

find out more

Contract Of Indemnity And Guarantee

A New Zealand law-governed agreement where a guarantor assumes responsibility for another party's obligations or debts to a creditor.

find out more

Release Indemnification And Hold Harmless Agreement

A New Zealand law-governed agreement that combines release of claims, indemnification provisions, and hold harmless clauses to manage and transfer risk between parties.

find out more

Release And Indemnity Agreement

A New Zealand-governed legal document that releases one party from liability while providing indemnification against future claims or losses.

find out more

Indemnification Contract

A New Zealand law-governed agreement where one party agrees to protect another against specified losses, damages, or liabilities, with detailed provisions for claims and compensation.

find out more

Indemnity Contract

A New Zealand law-governed agreement establishing indemnification obligations between parties, detailing protection scope, claims procedures, and liability limitations.

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.