tiktok³ÉÈË°æ

All Countries
Risk Management
Indemnity Agreement

Indemnity Agreement Template for Hong Kong

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Indemnity Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Indemnity Agreement

"I need an Indemnity Agreement under Hong Kong law to protect our company's newly appointed directors and officers against potential claims and liabilities arising from their duties, to be effective from January 2025."

Celebrated by
Collaborations with
Investors
Document background
The Indemnity Agreement is a crucial risk management tool in Hong Kong's business environment, commonly used when parties need to allocate risk and establish clear compensation obligations. This document is particularly relevant in scenarios involving corporate transactions, service agreements, construction projects, or director and officer protection. The agreement must comply with Hong Kong law, including specific ordinances governing contractual relationships and liability limitations. It typically includes detailed provisions on the scope of indemnification, claim procedures, and enforcement mechanisms. The document is essential when one party needs protection against potential losses arising from specific business activities, legal claims, or regulatory obligations, with the other party agreeing to provide financial compensation for such losses.
Suggested Sections

1. Parties: Identifies and defines the indemnitor (party providing indemnity) and indemnitee (party receiving indemnity protection)

2. Background: Explains the context and purpose of the indemnity arrangement

3. Definitions: Defines key terms used throughout the agreement, including scope of indemnified matters

4. Scope of Indemnity: Details the specific risks, losses, and circumstances covered by the indemnity

5. Indemnification Obligations: Specifies the precise obligations of the indemnitor, including payment terms and timing

6. Notice Requirements: Sets out how and when the indemnitee must notify the indemnitor of claims

7. Claims Procedure: Describes the process for making and handling indemnification claims

8. Limitations and Exclusions: Specifies any caps, time limits, or exclusions to the indemnity obligations

9. Duration: Specifies how long the indemnity obligations remain in effect

10. Governing Law and Jurisdiction: Confirms Hong Kong law governs and specifies jurisdiction for disputes

11. General Provisions: Standard boilerplate clauses including assignments, amendments, and notices

Optional Sections

1. Security: Include when the indemnitor must provide security for their obligations (e.g., bank guarantee, deposit)

2. Insurance: Include when specific insurance requirements are tied to the indemnity obligations

3. Third Party Rights: Include when the indemnity is intended to benefit third parties under the Contracts (Rights of Third Parties) Ordinance

4. Tax Provisions: Include when tax implications of indemnity payments need to be addressed

5. Defense and Settlement: Include when the indemnitor has rights or obligations regarding defending or settling third-party claims

6. Subrogation Rights: Include when addressing the indemnitor's rights to pursue claims against third parties

Suggested Schedules

1. Schedule 1 - Specific Indemnified Matters: Detailed list of specific risks, losses, or circumstances covered by the indemnity

2. Schedule 2 - Claims Procedures: Detailed procedures for claim notification, processing, and payment

3. Schedule 3 - Security Arrangements: Details of any security provided, including form, amount, and maintenance requirements

4. Appendix A - Form of Claim Notice: Template form for submitting indemnification claims

5. Appendix B - Required Documentation: List of documents required to support indemnification claims

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions




































Clauses





























Relevant Industries

Financial Services

Construction

Real Estate

Insurance

Technology

Manufacturing

Professional Services

Healthcare

Energy

Transportation and Logistics

Mining and Resources

Retail and Consumer Goods

Relevant Teams

Legal

Risk Management

Compliance

Finance

Operations

Corporate Secretarial

Insurance

Project Management

Executive Management

Procurement

Commercial

Relevant Roles

Chief Legal Officer

Legal Counsel

Risk Manager

Compliance Officer

Chief Financial Officer

Contract Manager

Company Secretary

Director

Chief Executive Officer

Insurance Manager

Project Manager

Operations Director

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Indemnity Employment Contract

A Hong Kong law-governed employment contract with comprehensive indemnification provisions protecting both employer and employee interests.

find out more

Indemnity Bond Agreement

A Hong Kong law-governed agreement where one party provides financial security to another against specified losses or liabilities through a binding indemnity arrangement.

find out more

Indemnity Agreement

A Hong Kong law-governed agreement establishing one party's obligation to compensate another for specified losses, damages, or liabilities.

find out more

Deed Of Indemnity Bond

A Hong Kong law-governed deed creating a binding indemnity obligation to secure against specified losses or liabilities.

find out more

Letter Of Incumbency

A Hong Kong corporate document that officially verifies and confirms a company's current directors, officers, and corporate structure.

find out more

Personal Guarantee Settlement Agreement

A Hong Kong law-governed agreement that documents the settlement terms and release conditions for a personal guarantee, establishing payment terms and parties' obligations.

find out more

Indemnity And Undertaking Agreement

A Hong Kong law-governed agreement establishing indemnification obligations and undertakings between parties, providing protection against specified losses and liabilities.

find out more

Contractor Indemnification Agreement

A Hong Kong law-governed agreement establishing a contractor's obligations to indemnify a company against losses and claims arising from their services.

find out more

Indemnity Confidentiality Agreement

A Hong Kong law-governed agreement combining confidentiality obligations with indemnification provisions to protect sensitive information and establish breach remedies.

find out more

Indemnity Declaration

A Hong Kong law-governed document where one party commits to protect another against specified losses, damages, or liabilities.

find out more

Consent And Declaration Form

A Hong Kong law-governed document combining consent mechanisms for data processing with formal declarations, designed to meet local privacy and declaration requirements.

find out more

Indemnification Waiver

A Hong Kong law-governed document that establishes terms for waiving indemnification rights between parties.

find out more

Release And Indemnity Agreement

A Hong Kong law-governed agreement that releases parties from specified claims while providing indemnification against future liabilities.

find out more

Indemnification Contract

A Hong Kong law-governed agreement establishing one party's obligation to compensate another for specified losses, damages, or liabilities.

find out more

Basic Employment Contract

A Hong Kong law-governed employment contract establishing basic terms and conditions between employer and employee.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.

Read our Privacy Policy.