Indemnity Agreement
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INDEMNITY AGREEMENT
FOR VALUE RECEIVED, the undersigned jointly and severally agree to indemnify and save harmless __________________________ ("Indemnitees") and their successors and assigns, from any claim, action, liability, loss, damage or suit, arising from the following:
_______________________________________________________________
_______________________________________________________________
_______________________________________________________________
_______________________________________________________________
In the event of any asserted claim, the Indemnitees shall provide the
undersigned reasonably timely written notice of same, and thereafter the
undersigned shall at its own expense defend, protect and save harmless
Indemnitees against said claim or any loss or liability thereunder.
In the further event the undersigned shall fail to so defend and/or indemnify
and save harmless, then in such instance the Indemnitees shall have full rights
to defend, pay or settle said claim on their behalf without notice to the
undersigned and with full rights to recourse against the undersigned for all
fees, costs, expenses and payments made or agreed to be paid to discharge said
claim.
Upon default, the undersigned further agree to pay all reasonable attorney's
fees necessary to enforce this agreement.
This agreement shall be unlimited as to amount or duration.
This agreement shall be binding upon and inure to the benefit of the parties,
their successors, assigns and personal representatives.
Signed this _____ day of__________. 20____.
Witnessed:
______________________________
______________________________
Witness
First Party
______________________________
______________________________
Witness
Second Party
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