Indemnification Agreement (Cannabis Regulation) {LIC-4005-FORM}

LIC-4005-FORM - INDEMNIFICATION AGREEMENT ATTESTATION (Cannabis Regulation). This form is used by the Department of Cannabis Regulation (DCR) in the City of Los Angeles. This agreement outlines the indemnification responsibilities of the applicant entity towards the City of Los Angeles regarding cannabis-related activities. The applicant entity agrees to defend, indemnify, and hold harmless the City and its officers, agents, employees, and others from any liability arising from the applicant entity's actions or the City's processing of a cannabis-related application or license. The agreement specifies that the applicant entity must deposit funds with the City to pay for litigation costs if the City tenders the defense to the applicant. The City retains the right to choose its counsel, and if the applicant fails to comply, the City can withdraw its defense or take other actions. The form also includes an Indemnification Agreement Attestation section where the authorized representative of the applicant entity acknowledges the agreement's terms and signs in the presence of a notary public. This notarized signature is crucial for the document's validity. www.FormsWorkflow.com