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FOR VALUE RECEIVED, the undersigned jointly and severally agree to indemnify and save harmless [Name(s)] _________________________, (Indemnities) from any claim, action, liability or suit, arising from the following:
(Describe in Detail)
In the event of any asserted claim, the Indemnities shall provide the undersigned timely notice of same, and thereafter the undersigned shall at its own expense defend and protect Indemnities against said clients.
In the further event the undersigned shall fail to so defend, then in such instance the Indemnities shall have full rights to defend, pay or settle said claim with full rights of recourse against the undersigned for all legal and attorney fees, costs, expenses and payments made or agreed to be paid to discharge said claim.
This agreement shall be binding upon and inure to the benefit of the parties, their successors, assigns and personal representatives.
Signed this _____________ day of _______________ (month), 20 __.
ACKNOWLEDGEMENT BY NOTARY PUBLIC
State of ________)
On ________, before me, ________, Notary Public, personally appeared ________, [Name(s)] who proved to me on the basis of satisfactory evidence to be the person(s) whose names(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) and that by his/her/their signatures on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under the PENALTY OF PERJURY under the laws of the State of _________ that the foregoing paragraph is true and correct.
WITNESS my hand and official seal.
Name of Notary
My Commission Expires