Josh Wood is a partner and general counsel at Weinberg Wheeler Hudgins Gunn & Dial. (Courtesy photo) 10 Tips for Product Sellers Negotiating Contract Indemnification Terms
Contract drafting is everything. Before agreeing to a customer's indemnification clause, a product seller's lawyer should at a minimum discuss: (a) the scope of the indemnification obligation, (b) potential costs to perform and (c) the legal exposure in case of a breach.
August 05, 2022 at 11:22 AM
3 minute read
Columns
Despite their importance and prevalence in almost every sales contract, indemnity clauses are often poorly worded, overly broad, misunderstood and ignored.
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