General Release Agreement With Hold Harmless

State:
Multi-State
Control #:
US-AHI-304
Format:
Word; 
Rich Text
Instant download

Description

The General Release Agreement with Hold Harmless is a comprehensive document designed to protect both the employee and employer by outlining the terms of severance and mutual release of claims. It includes clauses that specify severance pay, confidentiality requirements, and a general release of all claims against each other. Importantly, it ensures that the employer will neither disclose harmful information about the employee nor retaliate. The employee also agrees not to disclose any confidential information from their time of employment. Users have the opportunity to review the agreement for 21 days and may revoke it within seven days of signing. This form is especially relevant for attorneys, partners, owners, associates, paralegals, and legal assistants as it facilitates proper documentation to prevent potential future disputes. By clearly delineating terms and providing a structured framework for severance, it aids legal professionals in safeguarding the interests of their clients while ensuring compliance with relevant laws.
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FAQ

A hold harmless clause is used as a release of liability in a contract that protects one party from injury or property damage caused by another party. By signing the clause, the other party is agreeing not to hold business owners legally responsible for the risks involved in certain services.

Examples of Hold Harmless Agreements An apartment lease may have a hold harmless clause stating that the landlord is not responsible for any damage caused by the tenant. A homeowner hiring a roofer might request a hold harmless agreement to protect against a lawsuit if the roofer falls off the roof.

A hold harmless agreement differs in that it shifts liability. While a waiver of subrogation is protection from liability, it doesn't shift the liability as a hold harmless agreement does.

An example of a hold harmless clause that uses indemnity language is one stating that one party shall "indemnity, defend, and hold harmless" the other "from and against claims, damages, losses, and expenses, including but not limited to attorney's fees, arising out of or resulting from negligence or misconduct in ...

How to fill out a hold harmless agreement The date of the agreement. The name of the person held harmless or protected, with their address. The name of the other party to the agreement, with their address. Details about the activity or event the agreement is about, such as horseback riding or country club membership.

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General Release Agreement With Hold Harmless