Reciprocal Hold Harmless Agreement Template for New Zealand

1. Insurance Requirements: Specifies required insurance coverage each party must maintain - include when parties want to ensure financial backing for indemnification obligations

2. Regulatory Compliance: Addresses specific regulatory requirements - include when operating in regulated industries

3. Confidentiality: Provisions for protecting confidential information - include when parties will share sensitive information

4. Force Majeure: Addresses circumstances beyond parties' control - include when external factors could significantly impact obligations

5. Assignment: Rules about transferring rights under the agreement - include when there's a possibility of corporate restructuring

6. Specific Exclusions: Details specific scenarios excluded from indemnification - include when certain risks need to be explicitly carved out

7. Third Party Rights: Addresses rights of third parties under the agreement - include when third parties might be affected

1. Schedule 1 - Specific Activities Covered: Detailed list of activities or operations covered by the hold harmless provisions

2. Schedule 2 - Insurance Requirements: Detailed specifications of required insurance policies and coverage levels

3. Schedule 3 - Claim Form Template: Standard form for making indemnification claims under the agreement

4. Schedule 4 - Contact Details: Detailed contact information for key personnel and notice recipients

5. Appendix A - Definitions of High-Risk Activities: Detailed definitions of activities considered high-risk under the agreement

6. Appendix B - Excluded Claims: Comprehensive list of claims specifically excluded from the hold harmless provisions