Document background
The Employee Liability Waiver And Indemnification Agreement is a crucial document for businesses operating in Malaysia where employees engage in activities that carry inherent risks or potential liabilities. This agreement is particularly relevant in industries such as construction, manufacturing, or professional services where specific job functions may expose the company to potential claims or losses. The document, governed by Malaysian law, establishes clear parameters for liability limitation while ensuring compliance with mandatory employee protections under the Employment Act 1955 and related legislation. It is typically implemented during the hiring process or when an employee transitions to a higher-risk role, providing protection for the employer while maintaining fair and legally compliant terms for the employee. The agreement must carefully balance the employer's need for protection against the non-waivable statutory rights of employees under Malaysian law.
