Gene Kearns wrote in message
...
On Thu, 28 Sep 2006 10:28:00 -0400, " JimH" not telling you @
pffftt.com wrote:
Agreed, but they do exist. And they are the best type of
indemnification.
I have never read of *specifically negotiated* hold harmless agreement
thrown out in court let alone on a regular basis as one person claims.
This is kinda interesting.
Out of curiosity, I've read a few cases, and it seems that if one
seeks a binding *specifically negotiated* hold harmless agreement it
must have some fairly specific language. For example, it must
specifically say that the parties have agreed to the conditions that
the bailee is not responsible for any sort of negligence. Now, I can't
imagine any bailor in their right mind signing this sort of thing...
other than some city or governmental agency which has protection via
some other route.
This might make some sense if you tell me that you'll transport my
boat for $1000 or give me a deal and transport the boat for $300 if I
sign a hold harmless..... ASSUMING, of course, I can find some
insurance to cover my situation for something less than $700.
Amazing what some people will sign!
--
Grady-White Gulfstream, out of Southport, NC.
http://myworkshop.idleplay.net/
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It is all a matter of where you are in the food chain.
If you want to do business with Ford I am sure there will be a written
contract with a specifically negotiated hold harmless provision attached.
However, try to get Ford to buy into one and they will tell you to kiss off.
;-)