Below, you should add any requirements unique to your company, the site location, or the job scope. It can be factors like indemnities, waivers, and other aspects of the Project.
From the Effective Date until the Termination Date of this contract, both Parties agree to indemnify the other against losses, costs, obligations, penalties, damages, and demands incurred by the other Party. This term includes if it results in an injury or death of a third party or damages to the facilities.
However, this indemnity will not hold should the above occur due to the following:
Negligent act, misconduct, or omission of the other Party
Breach of representation, warranty, or failure to perform duties as stated in the agreement
Violation of any laws by one of the Parties
Should a Party not complete their obligations, the other Party has the right to waive the performance of those obligations, provided it is allowed under (State) laws. The waiver is only effective if it is in writing and both Parties sign it. Waivers are only valid for the action it describes and not for any other obligations a Party holds under this agreement.
Both Parties understand and agree to the terms of this contract, being held accountable under its conditions.
This EPC agreement document is the entire agreement, with no other addendums except (Addendums). Any previous written or verbal promises, concessions, or agreements are invalid in a court of law. Any additional amendments must be in writing and signed by both Parties.
The laws of (State) govern and enforce all rights and obligations of this EPC. In Witness Whereof, the Parties execute this agreement on the date, month, and year mentioned below.