Mutual Indemnification Agreement Template for Belgium

1. Insurance Requirements: Additional section when parties must maintain specific insurance coverage to support indemnification obligations

2. Security and Financial Guarantees: Required when additional financial security or guarantees are needed to support indemnification obligations

3. Parent Company Guarantee: Included when one or both parties require parent company backing of indemnification obligations

4. Alternative Dispute Resolution: Optional procedures for resolving disputes through mediation or arbitration before litigation

5. Subrogation Rights: Included when addressing insurance subrogation rights is necessary

6. Currency and Payment Terms: Required when parties operate in different currencies or need specific payment mechanisms for indemnification

7. Compliance with Laws: Additional section when specific regulatory compliance obligations need to be addressed

1. Schedule 1 - Specific Indemnified Events: Detailed list of specific events or circumstances covered by the indemnification

2. Schedule 2 - Calculation of Losses: Methodology for calculating losses and damages under the agreement

3. Schedule 3 - Claims Processing Procedures: Detailed procedures and timelines for processing indemnification claims

4. Schedule 4 - Contact Information: Key contacts and notice addresses for each party

5. Appendix A - Insurance Requirements: Specific insurance types and coverage levels required

6. Appendix B - Form of Claim Notice: Standard template for submitting indemnification claims

7. Appendix C - Financial Guarantees: Forms and requirements for any required financial guarantees