Release Of Claims With Indemnity In California

State:
Multi-State
Control #:
US-00457BG
Format:
Word; 
Rich Text
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Description

This form is a model waiver and release for use of a Park regarding the use of the Park's mountain biking facilities or mountain biking at the Park. Its purpose is to limit the liability of the Park to the Biker, including Bikers under the age of 18. The necessity of an acknowledgment before a notary public by parent is to protect against someone other than the parent or guardian signing on behalf of minor Biker.

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FAQ

This form of a Release Agreement, Indemnity Agreement and Hold Harmless Agreement releases a party from certain specified liabilities. Releases are used to transfer risk from one party to another and protect against the released party or reimburse the released party for damage, injury, or loss.

A California-compliant separation agreement (also commonly referred to as a severance agreement) between an employer and a departing employee specifying terms of the employee's separation from employment, including a release of legal claims against the employer in exchange for a benefit.

2d at 858. A release extinguishes any actual or potential claims the releasor may have against the releasee without regard to third parties. In contrast, an agreement to indemnify does not apply to claims between the parties to the agreement.

(a)(1) This section identifies the projects for which a home improvement contract is required, outlines the contract requirements, and lists the items that shall be included in the contract, or may be provided as an attachment.

(c) A corporation shall have power to indemnify any person who was or is a party or is threatened to be made a party to any threatened, pending, or completed action by or in the right of the corporation to procure a judgment in its favor by reason of the fact that the person is or was an agent of the corporation, ...

2774. An agreement to indemnify a person against an act already done, is valid, even though the act was known to be wrongful, unless it was a felony. (Enacted 1872.)

Civil Code Section 2778(3) provides that an indemnity against claims, or demands, or liability, expressly, or in other equivalent terms, embraces the costs of defense againstthose claims, demands, or liability incurred in good faith, and in the exercise of a reasonable discretion.

Section 2115 of the California Corporations Code requires cor- porations not incorporated in California but with a substantial presence in California (called a “quasi-California corporation”), to comply with specified provi- sions of the California Corporations Code.

A separation agreement is different from the formal process of getting "legally separated." In California, spouses that have decided to separate may enter into a "separation agreement," which is a legally binding contract that deals with all aspects of their separation, including issues of child support and custody or ...

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Release Of Claims With Indemnity In California