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Contractor Indemnity Agreement
"I need a Contractor Indemnity Agreement governed by Singapore law for a software development contractor who will be working on sensitive financial data projects, with specific focus on data protection and cybersecurity indemnification."
1. Parties: Identification of the indemnitor and indemnitee, including full legal names and addresses
2. Background: Context of the relationship and purpose of the indemnity agreement
3. Definitions: Key terms used throughout the agreement, including 'Indemnified Parties', 'Claims', 'Losses'
4. Scope of Indemnity: Detailed description of what losses, damages, and claims are covered by the indemnity
5. Duration: Term of the indemnity coverage and any survival provisions
6. Notice Requirements: Procedures for notifying parties of claims and timing requirements
7. Governing Law: Specification of Singapore law as governing law
1. Insurance Requirements: Details of required insurance coverage and maintenance obligations
2. Defense Rights: Rights and obligations of indemnitor to defend claims and control litigation
3. Exclusions: Specific exclusions and limitations from indemnity coverage
4. Alternative Dispute Resolution: Procedures for mediation or arbitration before pursuing litigation
1. Schedule of Covered Activities: Detailed list of activities and operations covered by the indemnity
2. Insurance Requirements Schedule: Specific insurance types, coverage amounts, and policy requirements
3. Claims Procedure: Step-by-step procedure for making and processing indemnity claims
4. Related Agreements: List of other agreements referenced or incorporated into the indemnity agreement
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