Property Management Agreement - Liability Section

[Robert Olinick]

This post is intended to reach other property managers. I would love to get a few examples of how you structure your liability sections. I was sent this by a friend recently --

"Owner hereby agrees to hold Manager harmless from, and to defend Manager against, any and all claims, charges, debts, demands and lawsuits with the exception of willful misconduct and gross negligence. Owner agrees to pay Manager’s attorney's fees related to Manager’s management of the herein described property and any liability for injury on or about the property which may be suffered by any employee, tenant or guest upon the property"

Is the bolded section standard practice? Anyone else have something similar?