Indemnity And Hold Harmless Agreement (Genie AI)

The Indemnity and Hold Harmless Agreement (Genie AI) is a legal template designed to outline and establish a contractual agreement between parties involved in the use or provision of artificial intelligence services developed by Genie AI. This agreement aims to protect the rights and interests of both parties by clearly defining the responsibilities, liabilities, and indemnification obligations each party holds regarding any potential legal claims, damages, or losses that may arise from the use, operation, or implementation of Genie AI's artificial intelligence technologies, software, or services. The agreement includes provisions outlining the scope of indemnification, limits of liability, release of claims, dispute resolution mechanisms, and the governing law for resolving any disputes between the parties, with the overarching goal of mitigating risks and ensuring a fair and equitable legal framework for all involved.