Breaking Down Indemnity Clauses
Indemnity clauses are critical for managing third-party risks, yet they are often misunderstood or improperly negotiated. This Power Lab equips IT procurement professionals with the skills to draft, analyze, and negotiate indemnity clauses that protect their organization while maintaining a balanced approach with vendors.
Participants will explore common indemnity triggers, exclusions, and pitfalls, ensuring they can advocate for terms that align with their organization’s risk tolerance.
By the end of this Power Lab, participants will:
Understand Key Indemnity Concepts: Learn the triggers and scope of indemnity clauses.
Identify Common Pitfalls: Spot problematic language and avoid unenforceable terms.
Negotiate Balanced Agreements: Develop strategies for negotiating indemnity clauses tailored to real-world scenarios.
Who Should Attend?
Contract Negotiators: Master the art of negotiating fair indemnity terms.
Risk Managers: Learn to mitigate third-party liability risks.
Legal Professionals: Build expertise in drafting enforceable indemnity clauses.
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