ºÚÁÏÊÓÆµ

Deed Of Indemnity And Release Template for Germany

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

4.6 / 5
4.8 / 5

Let's create your Deed Of Indemnity And Release

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:

Deed Of Indemnity And Release

"I need a Deed of Indemnity and Release under German law for our technology company's acquisition of a software development firm, where we need to indemnify the selling shareholders against any pre-existing client claims while obtaining a release for all historical intellectual property disputes."

Document background
The Deed of Indemnity and Release is a crucial legal instrument in German commercial practice, typically employed in situations involving risk transfer, dispute resolution, or corporate restructuring. It is commonly used following corporate transactions, leadership changes, or settlement of disputes. The document provides certainty and protection to parties by clearly defining indemnification obligations while simultaneously releasing specified claims. Under German law, particular attention must be paid to compliance with the formal requirements of the Bürgerliches Gesetzbuch (BGB) for deeds, especially regarding execution and enforceability. This document type is particularly valuable in complex commercial arrangements where parties seek to allocate risk and resolve potential disputes definitively.
Suggested Sections

1. Parties: Identification and details of all parties to the deed, including the indemnifier(s) and the indemnified party(ies)

2. Background: Context of the indemnity and release, including relevant historical events, relationships, and circumstances leading to the deed

3. Definitions: Definitions of key terms used throughout the deed, including 'Claims', 'Losses', 'Indemnified Matters', and 'Release Period'

4. Interpretation: Rules for interpreting the deed, including construction of terms and resolution of conflicts

5. Indemnity: Core indemnification provisions, including scope, limitations, and trigger events

6. Release: Terms of release, including scope of claims being released and effective date

7. Payment Terms: Procedures and timing for indemnity payments, including currency and method of payment

8. Duration: Term of the deed, including commencement date and any termination provisions

9. Representations and Warranties: Standard representations regarding authority, capacity, and binding nature of obligations

10. Notices: Process for giving notices under the deed, including addresses and acceptable methods

11. Governing Law and Jurisdiction: Specification of German law as governing law and jurisdiction for disputes

12. Execution: Formal execution provisions meeting German deed requirements

Optional Sections

1. Claims Procedure: Detailed procedures for making and handling indemnity claims, recommended when complex claims are anticipated

2. Third Party Rights: Provisions regarding rights of third parties, needed when third parties may be affected by the indemnity or release

3. Insurance: Requirements for insurance coverage, relevant when indemnity obligations are supported by insurance

4. Confidentiality: Confidentiality obligations regarding the deed and related matters, important for sensitive commercial arrangements

5. Tax Provisions: Specific provisions regarding tax implications of the indemnity, needed when tax liabilities are significant

6. Security: Requirements for security or collateral supporting the indemnity obligations, relevant for high-value indemnities

7. Step-In Rights: Rights of the indemnifier to manage claims or proceedings, useful in complex litigation scenarios

8. Force Majeure: Provisions for unforeseen events affecting performance, relevant in long-term indemnity arrangements

Suggested Schedules

1. Schedule of Indemnified Matters: Detailed list of specific matters, claims, or circumstances covered by the indemnity

2. Schedule of Released Claims: Comprehensive list of claims being released under the deed

3. Schedule of Related Agreements: List of associated agreements or documents relevant to the indemnity and release

4. Schedule of Excluded Claims: List of specific claims or matters excluded from the indemnity or release

5. Schedule of Insurance Policies: Details of relevant insurance policies supporting the indemnity obligations

6. Schedule of Claim Thresholds: Specific financial thresholds and limits applicable to indemnity claims

Authors

Alex Denne

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

Relevant legal definitions






























Clauses





























Relevant Industries

Financial Services

Manufacturing

Technology

Professional Services

Real Estate

Construction

Healthcare

Energy

Telecommunications

Insurance

Private Equity

Retail

Transportation and Logistics

Relevant Teams

Legal

Finance

Risk Management

Compliance

Corporate Governance

Executive Leadership

Insurance

Treasury

Corporate Secretariat

Operations

Relevant Roles

Chief Legal Officer

General Counsel

Legal Director

Risk Manager

Chief Financial Officer

Corporate Secretary

Compliance Officer

Managing Director

Board Member

Director of Operations

Chief Executive Officer

Head of Legal

Insurance Manager

Corporate Governance Officer

Finance Director

Transaction Manager

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

Deed Of Release Of Guarantee

A German law-governed deed that formally releases a guarantor from their obligations under a guarantee agreement, including necessary legal formalities and acknowledgments.

find out more

Employee Deed Of Release

A German law-compliant mutual agreement document (Aufhebungsvertrag) that terminates an employment relationship and establishes the terms of separation.

find out more

Deed Of Settlement And Release

A German law-governed deed that formally settles disputes and provides mutual releases between parties, incorporating specific requirements under German civil law.

find out more

Deed Of Indemnity And Release

A German law-governed deed that combines indemnification obligations with release of claims, establishing protection against specified losses while releasing certain liabilities.

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.