What is Indemnification | Indemnification Clauses and Indemnity Explained скачать в хорошем качестве

What is Indemnification | Indemnification Clauses and Indemnity Explained

What is an indemnification clause and why would you want one? In any contract or terms of service, one of the legalese clauses has one or both parties indemnify each other. In this video I explain what is an indemnification clause and why you may want one party to indemnify the other. I also review YouTube’s indemnification clause and discuss some tips, limits, and options for indemnification. 00:00 Intro 00:19 Indemnify Defined 01:00 Why Indemnify? 02:45 Indemnification Clause Example from YouTube’s Terms of Service 05:28 Limits and Options 07:32 Tip Link to YouTube’s Terms of Service: https://www.youtube.com/t/terms I recommend guides by Nolo Publishing if you plan to handle your own legal work: Legal Forms for Starting & Running a Small Business: 65 Essential Agreements, Contracts, Leases & Letters Eleventh Edition by Fred S. Steingold - https://amzn.to/31IiLis (affiliate link) Join the Discord Community to connect with other small business owners like you & get access to exclusive events:   / discord   Did you find this video helpful? Feel free to send a tip to enable me to keeping making more videos! Tip Jar: http://paypal.me/elizabethpw Legal Disclosure: Elizabeth is licensed to practice in the state of California and before the United States Patent and Trademark Office. Information contained in this video is not legal advice – please seek advice of counsel. This video and description may contain attorney advertising. Disclosure: My videos may contain reviews, recommendations, testimonials, or endorsements of other businesses, individuals, events, materials (such as books), products, services, or websites. I may receive affiliate percentages on sales; if so, it will say “affiliate link” after the link. I will clearly disclose if I have received a free product, free service, discount, or any other compensation related to a review. Instagram:   / elizabethpw   (@ElizabethPW) Twitter:   / elizabethpw   (@ElizabethPW) My law firm for small business law (trademarks, contracts, forming LLC/corporations): http://www.elizabethpottsweinstein.com #indemnificationexplained #legaleseexplained