Subcontractor Agreement Page 2

ADVERTISEMENT

require its insurer to notify Contractor thirty (30) days prior to the effective date of any cancellation or
material change in any of the required policies. To the extent that the Subcontractor utilizes deductibles
in conjunction with the insurance required by this Agreement, all deductible expenses will be assumed by
the Subcontractor. Insurance shall be placed with insurers with a Best rating of not less than A-.
Article 4. Indemnification and Arbitration:
The work performed by the Subcontractor shall be at the risk of the Subcontractor exclusively.
Subcontractor hereby indemnifies and holds Contractor, its parent and affiliates and their respective
officers, directors, employees and agents, harmless from and against any and all claims, actions, losses,
judgments, or expenses, including reasonable attorneys fees, arising from or in any way connected with
the work performed, materials furnished, or services provided to Contractor during the term of this
Agreement.
Any controversy or claim arising out of or relating to this Agreement, or the breach thereof, shall be
settled by binding arbitration and judgment on the award rendered by the arbitrator(s) may be entered in
any court having jurisdiction thereof. The prevailing party in any arbitration concerning this Agreement
shall be entitled to reasonable attorneys' fees.
Article 5. Warranty:
Subcontractor warrants its work for a period of _______ year(s) against all defects in materials or
workmanship.
Article 6. Miscellaneous:
Subcontractor is an independent contractor and not an employee of Contractor.
This Agreement shall be in full force and effect from the date of signing unless canceled in writing by
either party with thirty (30) days’ written notice. The cancellation of this Agreement shall not negate any
term or condition, such as the indemnity or insurance requirements.
This Agreement is governed by the laws of the State of Georgia. Any amendment(s) must be given in
writing.
SUBCONTRACTOR
CONTRACTOR
Company: ____________________________
Company: ____________________________
By: __________________________________
By__________________________________
Title: _________________________________
Title: ________________________________
Date: ________________________________
Date: ________________________________
This sample agreement is for informational purposes only and should not be considered legal
advice. Builders Insurance accepts no legal responsibility for the correctness or completeness of
this material. We recommend that you consult with your legal counsel and agent regarding your
individual circumstances.
Revised: July 2006
Builders Insurance Group
Page 2

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Business
Go
Page of 2