Document background
The Hold Harmless Agreement serves as a critical risk management tool in various business and personal contexts under Dutch law. This document is particularly valuable when parties need to clearly define and allocate risk in their business relationships, such as in construction projects, property management, event organization, or service provision. The agreement typically includes specific provisions about the scope of indemnification, procedures for handling claims, and the obligations of each party. Under Dutch law, such agreements must comply with the Civil Code's requirements regarding contract formation and fairness principles. The Hold Harmless Agreement is especially relevant in situations where activities or services might expose one party to potential liability, and there is a mutual understanding to transfer or manage this risk through contractual means.
