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41 Free Indemnification Agreements (Word) ᐅ TemplateLab - Download our free editable pdf contract today. These agreements outline the scope of. An indemnity agreement is a contractual arrangement where one party agrees to compensate the other for specified losses or damages. This article brings you a collection of indemnity agreement templates to propose any damage compensation or to be exempted from any liability in business. With this indemnity. You should also read this: Obsidian Daily Journal Template