This article posted on our partner site Mondaq.com illustrates why indemnification clauses should not be considered boilerplate, and why they should be reviewed frequently. The author explains that indemnification clauses are often drafted to protect trustees, directors, and in some cases employees. Whether boilerplate clauses are sufficient, or should be scrutinized by the parties who are either affording or receiving protection, is the subject matter of this article.

This comes to you as a part of Clausehound’s exciting new collaboration with Mondaq!

 

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This article is provided for informational purposes only and does not create a lawyer-client relationship with the reader. It is not legal advice and should not be regarded as such. Any reliance on the information is solely at the reader’s own risk. Clausehound.com is a legal tool geared towards entrepreneurs, early-stage businesses and small businesses alike to help draft legal documents to make businesses more productive. Clausehound offers a $10 per month DIY Legal Library which hosts tens of thousands of legal clauses, contracts, articles, lawyer commentaries and instructional videos. Find Clausehound.com where you see this logo.

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