This No Liabilities Agreement is designed for use in Indonesian business contexts where parties wish to clearly define and limit their liability exposure while maintaining compliance with local law. The document is particularly relevant when engaging in activities with inherent risks or when establishing business relationships where traditional liability frameworks need modification. It incorporates essential elements required under the Indonesian Civil Code (KUHPerdata), including provisions that cannot be waived under Indonesian law, while allowing parties to structure their risk allocation effectively. The agreement is commonly used in various sectors from events and entertainment to professional services, and includes specific provisions for insurance, risk assessment, and compliance with Indonesian regulatory requirements.
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1. Parties: Identification and details of all parties entering into the agreement
2. Background: Context of the agreement and relationship between the parties
3. Definitions: Definitions of key terms used throughout the agreement
4. Purpose and Scope: Clear statement of the agreement's purpose and activities covered
5. Liability Waiver: Specific details of what liabilities are being waived and to what extent
6. Exceptions to Liability Waiver: Clear statement of what cannot be waived under Indonesian law
7. Representations and Warranties: Basic statements about the parties' authority to enter into the agreement
8. Duration: Period for which the agreement is valid
9. Governing Law: Specification of Indonesian law as governing law
10. Execution: Signature blocks and execution requirements
1. Insurance: Required when parties need to maintain specific insurance coverage despite liability limitations
2. Indemnification: Used when certain indemnities need to be preserved despite general liability limitations
3. Dispute Resolution: Optional section for specifying mediation or arbitration procedures
4. Force Majeure: Added when parties want to address handling of extraordinary events
5. Confidentiality: Included when parties need to protect confidential information exchanged
6. Assignment: Added when transfer of rights needs to be addressed
7. Severability: Optional clause for preserving agreement if parts are found invalid
1. Schedule A - Specific Activities: Detailed list of activities covered by the liability waiver
2. Schedule B - Excluded Liabilities: Specific list of liabilities that cannot be waived under Indonesian law
3. Schedule C - Insurance Requirements: Details of any required insurance coverage (if applicable)
4. Appendix 1 - Risk Assessment: Documentation of risks considered and addressed by the agreement
5. Appendix 2 - Compliance Checklist: Checklist ensuring compliance with Indonesian regulatory requirements
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