HOLD HARMLESS AGREEMENT

ASSIGNMENT FORM & HOLD HARMLESS AGREEMENTPlease read the entire hold harmless agreement below before submitting the repossession order. Once your order has been submitted someone from our office will be calling to verify the information. Payment for services is expected before transportation is authorized unless otherwise approved.
Gryphon Recovery LLC shall fully protect, indemnify and hold harmless and defend Client and each of Client’s affiliates, subsidiaries and parents, their respective directors, officers, employees, agents, insurers, attorneys, successors and assigns, for any and all loss, demands, penalties, interest, actions or causes of action whatsoever, including costs, expenses, and reasonable attorney’s fees, in any manner arising out of, related to or in connection with, the performance of services by Gryphon Recovery or any subcontractor, assignee or agent of Gryphon Recovery LLC, resulting from the violation of any federal, state or local law, rule, regulation, or ordinance; or any intentional or negligent act or omission or willful misconduct of Gryphon Recovery LLC, its subcontractors or their officers, agents or employees. Client (Company) shall fully protect, indemnify and hold harmless and defend Gryphon Recovery LLC and each of its affiliates, subsidiaries and parents, their respective directors, officers, employees, agents, insurers, attorneys, successors, assigns and its approved subcontractors, for any and all loss, demands, penalties, interest, actions or causes of action whatsoever, including costs, expenses, and reasonable attorney’s fees, in any manner arising out of, related to or in connection with, or resulting from: the violation of any federal, state or local law, rule, regulation, or ordinance; or any intentional or negligent act or omission or willful misconduct of Client or their officers, agents or employees. This is your authorization to act as our agents to collect or repossess on sight, the above-captioned collateral which is covered by a defaulted contract. You are not to reassign if the vehicle is no longer in your service area. This indemnification is granted as consideration for your acting as our agent. It is agreed that this contract is executed within your state and that the laws of your state shall be applicable. When there are two states involved, the laws of both states may be applicable. We hereby agree to the conditions of the hold harmless and authorize the repossession of the aforementioned collateral. It is hereby agreed that all fees will be paid in full before the vehicle is released unless other arrangements have been approved.