The waiver, release and compensation clauses are used to reduce exposures and claims against Dartmouth College. A waiver is the voluntary waiver of a known right and is performed before an activity. Exceptions are required for participants in voluntary activities involving physical/sports activity, exposure to elements, laboratory exposures, etc. Waiver declarations must be signed by participants and returned to the sponsors of an activity. Among the general waiver declarations used by Dartmouth are the following statements (depending on the browser, you may need to download to get the PDF filling file): companies that involve risks, injuries, losses or property damage to the customer must have a compensation clause in their disclaimer. These exceptions protect you and your business from the financial or legal consequences of your actions. It can be confusing if you are trying to determine whether you are using the phrase “compensation” or “compensate and keep unscathed” in your non-responsibility. Many legal experts joke that often double phrases like “identify and keep unscathed” or “conditions” actually say the same thing twice. A compensation clause is one of the most important aspects of the abandonment of liability. It dictates responsibility for risk and protects you from legal issues related to losses.
Please contact our office for further waivers or waiver-related issues. You should always let a lawyer or lawyer look into your non-responsibility to make sure it is enforceable. However, it is important to understand the details of your company`s waiver statements. The legal language is complex, but it provides a fundamental understanding of what your clients or clients subscribe to. The compensation clause is an integral part of a waiver of liability. For companies whose activities present a certain degree of danger or risk, it is understandable why this clause is so necessary. Click here to learn more about our features and read the resources that cover all your waiver requirements. Like any other part of a waiver of liability, the language you use in the compensation clause should be clear and direct.