Liability Contract
Liability Contract
This Agreement, dated this [DATE] is made between [Employee Name](hereinafter referred to as the "Employee"), and [Your Company Name], (hereinafter referred to as the "Employer").
1. DEFINITIONS
For this agreement, the following terms shall have the meanings set out below:
"Event of liability" means any incident or occurrence giving rise to legal liability.
"Protection" means measures taken to ensure Employer interests are not adversely affected.
2. TERMS OF AGREEMENT
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Party A hereby agrees to assume all legal liability for any actions or events, as specified in the attachment hereto, and indemnify Employer to the extent agreed.
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Party B agrees to provide certain protections to Employee, as set out in [Specifics of Protection].
3. RESPONSIBILITY OF EMPLOYEE
Employee shall be responsible for all action taken under this agreement, including but not limited to any negligence, misconduct, or breach of this agreement on the part of Party A or its representatives.
4. LIABILITY OF EMPLOYEE
Employee accepts and assumes full liability for any Event of Liability, whether foreseeable or not, arising out of the actions or non-actions of Employee under the terms of this agreement.
5. RESPONSIBILITY AND PROTECTION OF EMPLOYER
Employer shall perform responsibilities and provide protections as specifically outlined in section 2, and as specified within [Specifics of Protection].
6. OBLIGATIONS OF PARTIES
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Both parties agree to comply with all laws and regulations applicable to their respective duties and obligations under this agreement.
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Both parties agree to notify each other in writing of any potential or actual liability, damage, or harm that may or has fallen upon each other as a result of this agreement.
7. TERMS OF AGREEMENT
This Agreement shall take effect on [EFFECTIVE DATE] and shall continue until terminated by either party.
8. TERMINATION
This Agreement may be terminated by either party giving __ days written notice to the other party.
9. ENTIRE AGREEMENT
This Agreement represents the entire agreement between the parties and supersedes all prior agreements and understandings, whether written or oral, relating to the subject matter of this Agreement.
10. AMENDMENTS
10.1 This Agreement may not be amended or modified except in writing signed by the parties.
IN WITNESS WHEREOF, the Parties have executed this Contract as of the Effective Date first above written.
[YOUR COMPANY NAME]
[DATE SIGNED]
[EMPLOYEE NAME]
[DATE SIGNED]
