The Waiver And Indemnity Agreement is essential for businesses and organizations operating in Indonesia who need to manage legal risks associated with their activities or services. This document type is commonly used when one party engages in potentially risky activities or services provided by another party, requiring clear documentation of risk assumption and liability allocation. The agreement must comply with Indonesian legal requirements, particularly the Indonesian Civil Code (KUHPerdata) and consumer protection laws, while providing comprehensive protection for the indemnified party. It typically includes detailed sections on risk acknowledgment, scope of waiver, indemnification obligations, and enforcement provisions, making it suitable for various commercial and recreational activities where risk management is crucial.

1. Parties: Identification of all parties to the agreement, including full legal names, addresses, and any relevant registration numbers for corporate entities

2. Background: Context of the agreement, including the relationship between parties and the activities or circumstances giving rise to the need for the waiver and indemnity

3. Definitions: Clear definitions of key terms used throughout the agreement, including 'Claims', 'Losses', 'Indemnified Parties', and specific activities covered

4. Waiver Provisions: Detailed description of rights being waived, including scope, duration, and specific activities or circumstances covered by the waiver

5. Indemnification Obligations: Comprehensive outline of indemnification obligations, including what losses are covered, procedures for claiming indemnification, and any limitations

6. Risk Acknowledgment: Explicit acknowledgment of risks associated with the activities covered by the waiver

7. Representations and Warranties: Statements of fact and promises made by each party regarding their capacity to enter the agreement and understanding of its implications

8. Duration and Survival: Term of the agreement and which provisions survive termination

9. Governing Law and Jurisdiction: Specification of Indonesian law as governing law and designation of competent courts or arbitration

10. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments