Alabama Hold Harmless Agreement
This Hold Harmless Agreement ("Agreement") is made effective as of ______ [Date], by and between ______ [Party 1 Name], of ______ [Party 1 Address], hereinafter referred to as "Releasor," and ______ [Party 2 Name], of ______ [Party 2 Address], hereinafter referred to as "Releasee." This Agreement is executed under the laws of the State of Alabama, and specifically subjects to the Alabama Uniform Hold Harmless Agreement Act, ensuring compliance with state-specific regulations and protections.
WHEREAS, Releasor agrees to indemnify and hold harmless the Releasee from any and all liabilities, losses, damages, claims, penalties, lawsuits, costs, and expenses of whatsoever kind that arise out of or result from the activities covered by this Agreement, except for those resulting from the willful misconduct or gross negligence of the Releasee, under the laws of the State of Alabama.
1. Purpose of Agreement: The purpose of this Agreement is to provide a complete hold harmless clause that prevents the Releasor from any claims and liabilities involving the activities agreed upon by both parties, specifically within the jurisdiction of the State of Alabama.
2. Scope of Agreement: This Agreement applies to any and all activities, events, or occurrences that might give rise to the liabilities or claims from which Releasee is to be held harmless, as described herein.
3. Term of Agreement: The term of this Agreement shall commence on ______ [Start Date] and shall continue until ______ [End Date] unless sooner terminated by either party in accordance with the terms hereof.
4. Termination of Agreement: This Agreement may be terminated by either party upon giving ______ [Notice Period in Days] days' written notice to the other party.
5. Governing Law and Resolution of Disputes: This Agreement shall be governed by the laws of the State of Alabama. Any disputes under this Agreement shall be resolved through mediation, and if necessary, state or federal courts located in Alabama shall have exclusive jurisdiction over any disputes.
6. Severability: If any provision of this Agreement is found to be invalid or unenforceable under any applicable law, such invalidity or enforceability shall not render this Agreement as a whole unenforceable or invalid, and such provisions shall be deleted without affecting the remaining provisions herein.
7. Amendment of Agreement: Any amendments to this Agreement must be made in writing and signed by both parties.
8. Entire Agreement: This Agreement contains the whole agreement between the parties and supersedes any prior written or oral agreements among them concerning the subject matter hereof.
IN WITNESS WHEREOF, the parties hereto have executed this Hold Harmless Agreement as of the date first above written.
Releasor Signature: ________________________________________
Releasee Signature: ________________________________________
Date: ________________________