Where I live, at least when it comes to contracts involving jobs, you can not specify something that's less than the law would require. Like you can't agree to work all day without a break on less than minimum wage. Not legal despite any contracts.

You could technically give someone permission to assault you, but you couldn't give someone permission to aggravated assault you. The former being a crime that the victim decides to press charges or not, but the second one being so serious that it will be prosecuted no matter what was agreed.

But yeah your formatting would be way mroe extensive; if a company even tries some shenanigans to avoid consequences in the event of something like this happening, it voids the contract. I agree.