Indemnification Explained: Who Covers What

Introduction

Indemnification is a common contract clause that sets out who covers losses caused by whom. Section 16 keeps it simple: each Party covers the other for losses their own conduct causes.

Key Points

• Each Party agrees to indemnify and hold harmless the other from claims, losses, or expenses, including reasonable legal fees.
• This applies when those claims arise from that Party's material breach of the agreement, negligence, or violation of applicable law.
• It's mutual — it applies to both Starkworth and you as an Account Owner.
• It works alongside, not instead of, the liability cap in Section 15.

Frequently Asked Questions