HOLD HARMLESS AGREEMENT

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Hold Harmless Agreement: A hold harmless agreement is a contract clause typically used in construction contracts aimed to release one party from consequences or liabilities due to the act of other. The Hold Harmless agreement is commonly provided by the subcontractor to the contractor, builder, or other related professionals, insuring against all work being executed by the subcontractor. The provisions of a Hold Harmless agreement will minimize the risk of being part of a litigation or allow you to pursue a claim for indemnity if a subcontractor or any of his employees sustain an injury.