Hold Harmless Agreement Template for University
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Hosting events on a university campus often requires inviting outside speakers or performers. While adding excitement to the event, it also exposes the university to potential liability risks. A hold harmless agreement is an essential document that helps protect the university from any legal claims that may arise during an event.
What is a Hold Harmless Agreement?
A hold harmless agreement, also known as an indemnification agreement, is an agreement between two parties where one party agrees to indemnify and hold the other party harmless from any claims or losses that may arise from a specific activity. In the context of an event on a university campus, this agreement serves to protect the university from any legal claims that may arise during the event, whether it is from a speaker or performer, vendor, or attendee.
Why is it Important?
Hosting events on a campus carries inherent risks and potential liabilities, especially when outside parties are involved. The university has a duty to provide a safe environment for its students, staff, and visitors. By requiring a hold harmless agreement, the university can transfer some of the liability risks to the other party involved in the activity, reducing the potential financial impact on the university.
Our Hold Harmless Agreement Template
At BizzLibrary.com, we offer a professionally drafted hold harmless agreement template that you can customize to fit your specific needs. Our template includes the essential provisions required to create a legally binding agreement between the university and the speaker or performer. These provisions include:
- The scope of the agreement
- The indemnity clause stating that the speaker or performer will hold the university harmless from any claims or loss arising from the event
- Limitations on the indemnity clause
- A clause outlining the applicable law and jurisdiction
- The effective date of the agreement and its termination
Download Our Hold Harmless Agreement Template
To protect your university from potential legal claims and ensure a safe event for all parties involved, download our hold harmless agreement template in DOCX format today. Customize it to meet your specific requirements and have it signed by all parties before the event. Protect your university, staff, and students from potential legal risks and enjoy a successful event.
Visit BizzLibrary.com now to access a wide range of legal documents, including contract templates, employment agreements, and more. Download the documents you need now!
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Chloe Fowler(6/28/2023) - USA
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