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Release/Indemnification

The Release/Indemnification Sublibrary provides generic Release, Indemnification, and Power of Attorney forms which can be used in various contexts, including settlement negotiations, contract signings and dispute resolutions. The Release allows release of parties and claims as defined by the scope of the release. The Indemnification requires a party to indemnify another as defined by the scope of the indemnification. The Power of Attorney allows one party to act for another, within the scope of authority granted. Although these documents appear simple and abbreviated, they potentially substantially impact the signatories and should not be completed without the help of local counsel.

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What's in the Release/Indemnificat'n Sub-Library

The Release documents discharge of claims by one party against another party.

The Indemnification is an Agreement whereby one party guarantees to protect a second party from a defined risk.

The Power of Attorney is a grant of authority by one party to a second party.


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  RELEASE / INDEMNIFICATION



Scott Draughon discusses the significance of power of attorney documents, releases, and indemnification agreements.

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