FOR VALUE RECEIVED, the undersigned jointly and severally agree to indemnify and save harmless___________________________, (the "Indemnitees") from any claim, action, liability or suit, arising from the following:
In the event of any asserted claim, the Indemnitees shall provide the undersigned with timely notice of same, and thereafter the undersigned shall at its own expense defend and protect the Indemnitees against said claim. In the further event that the undersigned shall fail to so defend, then in such instance the Indemnitees shall have full rights to defend, pay or settle said claim with full rights of recourse against the undersigned for all fees, costs, expenses and payments made or agreed to be paid to discharge said claim.
This agreement shall be binding upon and enure to the benefit of the parties, their successors, assigns and personal representatives.
Dated this_____ day of_________________, 201(x).
IN WITNESS WHEREOF the said company has hereto affixed its company seal, attested by the hands of its duly authorized officers, on the day and year first above written.