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Indemnity Release Form

Indemnity Release Form Template for New Zealand

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Key Requirements PROMPT example:

Indemnity Release Form

"I need an Indemnity Release Form for my adventure tourism company in Queenstown, covering multiple high-risk activities including bungee jumping and white-water rafting, to be used for all customer bookings starting January 2025."

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Document background
The Indemnity Release Form serves as a critical risk management tool in various business and personal contexts under New Zealand law. It is commonly used when one party wishes to be released from potential liability for specific activities, events, or circumstances. This document type is particularly relevant in situations involving inherent risks, such as sports activities, construction projects, or event participation. The form must comply with New Zealand's Contract and Commercial Law Act 2017, Fair Trading Act 1986, and other relevant legislation. It typically includes detailed descriptions of the activities covered, acknowledgment of risks, and clear statements of the parties' intentions. The Indemnity Release Form should be carefully drafted to ensure it is both enforceable and effective in protecting the intended party while remaining fair and reasonable under New Zealand law.
Suggested Sections

1. Parties: Identifies and defines all parties involved in the agreement, including the indemnifier (releasing party) and the indemnitee (party being released)

2. Background: Provides context for the indemnity release, including the relationship between parties and the circumstances necessitating the release

3. Definitions: Defines key terms used throughout the document for clarity and legal certainty

4. Release and Indemnification: Core section detailing the scope of the release and indemnification, including what claims or liabilities are being released

5. Acknowledgment of Understanding: Statement confirming that the releasing party understands the implications of the release and has entered into it voluntarily

6. Duration: Specifies the time period for which the release remains valid

7. Governing Law: Confirms New Zealand law governs the agreement and specifies jurisdiction for disputes

8. Execution: Signature block with date and witness provisions

Optional Sections

1. Consideration: Required if there is specific payment or value exchange for the release

2. Exceptions to Release: Used when certain types of claims or liabilities are specifically excluded from the release

3. Insurance Obligations: Include when specific insurance requirements are part of the arrangement

4. Severability: Added when there's need to ensure remaining provisions survive if any part is found invalid

5. Assignment: Include when transfer rights need to be addressed

6. Dispute Resolution: Added when specific dispute resolution procedures are required

7. Multiple Parties: Include when release involves multiple parties on either side

8. Confidentiality: Added when the release covers confidential information or requires confidentiality

Suggested Schedules

1. Schedule 1 - Specific Activities: Details the specific activities, events, or circumstances covered by the release

2. Schedule 2 - Known Risks: Itemizes specific risks being acknowledged and released

3. Schedule 3 - Assets or Property: Lists specific assets or property covered by the release when applicable

4. Schedule 4 - Related Agreements: References other agreements or documents that are relevant to the release

5. Appendix A - Defined Terms: Detailed definitions if too extensive for main document

6. Appendix B - Insurance Requirements: Detailed insurance specifications if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓƵ | 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


























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Relevant Industries

Sports and Recreation

Entertainment

Construction

Healthcare

Education

Real Estate

Professional Services

Manufacturing

Tourism and Hospitality

Technology

Transport and Logistics

Retail

Fitness and Wellness

Adventure Tourism

Events Management

Relevant Teams

Legal

Risk Management

Compliance

Operations

Human Resources

Corporate Services

Safety and Security

Contract Administration

Business Development

Project Management

Insurance

Corporate Governance

Relevant Roles

Legal Counsel

Risk Manager

Compliance Officer

Operations Manager

Event Coordinator

Facility Manager

Safety Officer

Contract Administrator

Business Development Manager

Project Manager

Human Resources Manager

Insurance Coordinator

Corporate Secretary

General Manager

Chief Operating Officer

Chief Legal Officer

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

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