Indemnification Form Template for Saudi Arabia

1. Insurance Requirements: Required when specific insurance coverage is needed to support the indemnification obligations

2. Limitations of Liability: Optional caps or restrictions on indemnification obligations, used when parties agree to limit exposure

3. Security Provisions: Required when additional security (such as bank guarantees) is needed to secure the indemnification obligations

4. Force Majeure: Optional clause addressing circumstances beyond parties' control, particularly relevant for long-term indemnification obligations

5. Alternative Dispute Resolution: Optional mechanisms for resolving disputes before resorting to courts, such as arbitration or mediation

6. Severability: Optional clause ensuring survival of remaining provisions if some are found invalid

7. Language Provision: Required when the agreement is executed in multiple languages, specifying which version prevails

1. Schedule A - Scope of Indemnified Events: Detailed list of specific events, activities, or circumstances covered by the indemnification

2. Schedule B - Calculation of Losses: Methodology for calculating indemnifiable losses and expenses

3. Schedule C - Claim Procedures: Detailed procedures for making and processing indemnification claims

4. Schedule D - Required Notices: Forms and templates for required notices under the agreement

5. Appendix 1 - Supporting Documents: Copies of relevant certificates, permits, or other documents referenced in the agreement

6. Appendix 2 - Insurance Certificates: Copies of required insurance policies or certificates when applicable