Other Free Encyclopedias » Law Library - American Law and Legal Information » Free Legal Encyclopedia: Health and Safety Commission (HSC) to Hypothetical Question

Hold Harmless Agreement

liability employee company contract

An agreement or contract in which one party agrees to hold the other free from the responsibility for any liability or damage that might arise out of the transaction involved.

For example, a company might agree in an employee's contract to pay the judgment if the person is successfully sued for injuries sustained by a plaintiff if the employee is acting within the scope of his or her authority on company time.

In certain cases, particular parties may not, however, be exempted from liability. For example, a provision exempting a common carrier from all liability for loss would ordinarily be void, as against public policy.

Hold harmless agreements are ordinarily contained in leases and EASEMENTS.

Hold Over [next] [back] Walter Edward Hoffman

User Comments

Your email address will be altered so spam harvesting bots can't read it easily.
Hide my email completely instead?

Cancel or