Liability Agreement
This Liability Agreement ("Agreement") is entered into between [Your Name], hereinafter referred to as the "Employee," and [Employer Name], hereinafter referred to as the "Employer," on the effective date of the 20th day of January 2050 ("Effective Date").
1. PURPOSE OF THE AGREEMENT
1.1 The purpose of this Liability Agreement is to outline the terms and conditions under which the Employee agrees to engage in activities or services provided by the Employer, while also acknowledging and assuming the risks involved.
1.2 By signing this Agreement, both parties agree to release each other from liability for any potential damages, injuries, or losses that may occur during the Employee's engagement with the Employer.
1.3 This Agreement serves to clarify the rights and responsibilities of each party and to minimize legal disputes by establishing a framework for dispute resolution and governing law.
2. RELEASE AND WAIVER OF LIABILITY
2.1 The Employee, by this declaration, does indeed fully release, discharge perpetually, and harbor no ill will towards the Employer, and its successive affiliates along with assigned participants, freeing them from any form of accountability, allegations, and requisitions of every kind, characteristic, or disposition, that exist within the frameworks of the law or financial fairness.
2.2 This includes those that have been generated or that might potentially be generated in the future out of the Employee's professional involvement with the Employer.
3. CONFIDENTIALITY AND NON-DISCLOSURE
The Employee agrees to maintain confidentiality regarding any proprietary information, trade secrets, or confidential data belonging to the Employer, both during and after the term of employment.
4. TERMINATION CONDITIONS
Either party may terminate this Agreement with 30 days written notice. Upon termination, the Employee shall return any company property and discontinue any further engagement with the Employer.
5. DISPUTE RESOLUTION
Any disputes arising under or related to this Agreement shall be resolved through arbitration, conducted by the rules of [Arbitration Institution]. The decision of the arbitrator shall be final and binding on both parties.
6. INDEMNIFICATION
The Employee agrees to indemnify and hold the Employer harmless from any claims, actions, costs, expenses, damages, and liabilities, including attorney’s fees, arising out of, connected with, or resulting from the Employee's employment, including without limitation the manufacture, selection, delivery, possession, use, operation, or return of any related equipment.
7. GOVERNING LAW
This Agreement shall be interpreted, construed, and governed according to the laws of [Jurisdiction]. Any disputes under this Agreement shall be resolved in the jurisdiction wherein the Employer’s business is located.
8. ENTIRE AGREEMENT
This is the entire agreement between the Employer and the Employee relating to the subject matter herein and shall not be modified except in writing, signed by both parties.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the Effective Date first above written.
[Your Name]
Employee
[Date Signed]
[Employer Name]
Employer
[Date Signed]
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