Indemnity Agreement

FOR VALUE RECEIVED, the undersigned jointly and severally agree to indemnify and save harmless _______________________________, (Indemnities) from any claim, action, liability or suit, arising from the following:

(Full description)

In the event of any asserted claim, the Indemnities shall provide the undersigned timely notice of same, and thereafter the undersigned shall at its own expense defend and protect Indemnities against said clients.

In the further event the undersigned shall fail to so defend, then in such instance the Indemnities shall have full rights to defend, pay or settle said claim with full rights of recourse against the undersigned for all fees, costs, expenses and payments made or agreed to be paid to discharge said claim.

This agreement shall be binding upon and inure to the benefit of the parties, their successors, assigns and personal representatives.

Terms and Provisions. Each individual party to this Agreement represents and warrants to each other party that such party has read and fully understands the terms and provisions hereof, and has had an opportunity to review this Agreement in its entirety.

Invalid Provisions. If any provision of this Agreement is held to be illegal, invalid, or unenforceable under any present or future law, then that provision will be fully severable. This Agreement will be construed and enforced as if the illegal, invalid, or unenforceable provision had never comprised a part of this Agreement, and...

(Excerpt)

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