A Hold Harmless Agreement Vs Waiver

Neither party may make the other party liable for any damages or losses resulting from this type of clause. A unilateral clause applies to only one of the two parties. Unilateral clauses are usually used in the adventure activities mentioned above, since the company is the only party to take a legal risk in this case. Limited form. This type of agreement ensures that only the responsible parties are held liable and that losses are attributed according to the percentage of the error found. In practice, a subcontractor who signs this type of Hold Harmless agreement with a contractor would essentially only be liable for the part resulting from the subcontractor`s negligence or omission. This type of form is also called an error exemption comparative agreement.

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