Final answer:
Including an indemnification clause in a meeting contract with a convention center is a good practice as it protects from financial losses due to the other party's failure to fulfill obligations or negligence. It adds accountability and reduces liabilities for the meeting organizer.
Step-by-step explanation:
It is generally considered a good idea to include an indemnification clause in a meeting contract with a convention center. An indemnification clause is designed to protect one party from financial loss should the other party fail to fulfill their obligations or in cases where harm is caused through the host party's negligence. For example, if the convention center or its employees cause damage or injury, the indemnification clause would safeguard the client from related financial responsibilities.
Including such a clause in a contract holds each party accountable and ensures a level of financial safeguarding. This not only benefits the meeting organizer by reducing potential liabilities but it also clearly outlines the responsibilities and expectations for the convention center. It's important, however, to carefully review and understand the scope of the indemnification to ensure that it is fair and reasonable for all parties involved.