The Indemnification Simplication, Part II

The Indemnification Simplication, Part II

This is Part II of our contract Indemnification provisions review.  In Part I we simplified indemnities with a goal of helping you make better negotiation decisions.  In this post we focus on issues that should be considered when drafting and negotiating an indemnity. This exercise also highlights the danger of using a general indemnity because…

The Indemnification Simplification
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The Indemnification Simplification

Indemnity provisions can be complex. For every two-sentence indemnity, there’s an indemnity section filling up a page and a half (and hilariously, the long indemnity may only be four sentences). Indemnities are one of the most quintessential “legal” provisions you’ll come across. So, in what could be a multi-part series, let’s try to simplify indemnities…