Class #09 Chapter 12 (avoiding ambiguities)

Ambiguities:

Contract Forms on Lexis:

Indemnification Agreements:

Assignment #9 (after class #9; due 3/31/20):

    1. Read and study Chapter 13 (drafting style and usage)
    2. Draft an indemnification agreement

Length: 1 to 2 pages

Your file name: “[your last name] Indemnification agreement [date]”

Email the file to: jwmartin@law.stetson.edu

Facts:

ABC, INC. has contracted to acquire all of the assets of XYZ, INC., which is a drone manufacturer.

As part of its post-closing protection, ABC wants XYZ to execute and deliver to ABC at closing an indemnification agreement with regard to products liability.