Does the exemption agreement signed by the company have legal effect?

The exemption agreement illegally agreed by the company as a legal person is invalid, except that the mandatory provisions do not invalidate the civil legal act. Agreement exemption refers to the behavior that both parties reach a consensus through consultation and reach the result of exempting one or both parties from liability. This is a manifestation of the autonomy of the parties.

legal ground

Article 143 of the Civil Code of People's Republic of China (PRC)

A civil juristic act that meets the following conditions is valid:

(1) The actor has corresponding capacity for civil conduct;

(2) the meaning is true;

(three) does not violate the mandatory provisions of laws and administrative regulations, and does not violate public order and good customs.

Article 153

A civil juristic act that violates the mandatory provisions of laws and administrative regulations is invalid. However, unless mandatory provisions do not invalidate civil legal acts.

A civil legal act that violates public order and good customs is invalid.