South Carolina Hold Harmless Agreement
This Hold Harmless Agreement (hereinafter referred to as the "Agreement") is entered into and made effective as of ________ [Insert Date] by and between __________ [Insert Name of the Party Being Protected] (hereinafter referred to as the "Indemnitee"), located at __________ [Insert Address of the Indemnitee], and __________ [Insert Name of the Party Agreeing to Hold Harmless] (hereinafter referred to as the "Promisor"), located at __________ [Insert Address of the Promisor].
WHEREAS, the Promisor agrees to indemnify and hold the Indemmitee harmless from any claims, losses, damages, or liabilities arising out of or in any way connected with the Promisor's activities related to __________ [Describe Activity], this Agreement is made in accordance with the laws of the State of South Carolina and shall be governed by and construed in accordance with the laws of the State of South Carolina, without giving effect to any choice or conflict of law provision or rule.
NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
- Hold Harmless. The Promisor hereby agrees to indemnify and hold harmless the Indemnitee against any and all claims, damages, losses, expenses, including attorney's fees, and liabilities that may arise out of or in connection with the activity described above, to the fullest extent permitted by law.
- Assumption of Risk. The Promisor understands and acknowledges the potential risks involved in the above-described activity and assumes full responsibility for any and all risks.
- Insurance. The Promisor agrees to maintain adequate insurance coverage to fulfill the obligations under this Agreement and provide proof of such insurance to the Indemnitee upon request.
- Duration. This Agreement shall commence on the effective date as first above written and shall remain in full force and effect until __________ [Insert End Date], unless earlier terminated by mutual agreement of the parties.
- Entire Agreement. This Agreement contains the entire agreement between the parties concerning the subject matter hereof and supersedes all prior agreements and understandings, both written and oral, concerning the subject matter hereof.
- Modification. No modification of this Agreement shall be deemed effective unless in writing and signed by both parties.
- Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of South Carolina, without regard to its conflict of laws provisions.
- Dispute Resolution. Any disputes arising under or in connection with this Agreement shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association and shall be arbitrated in ________ [Insert Location in South Carolina].
IN WITNESS WHEREOF, the parties hereto have executed this South Carolina Hold Harmless Agreement on the day and year first above written.
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Signature of the Promisor
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Signature of the Indemnitee