{{company_name}}
{{company_address}}
Phone: {{phone}}
Email: {{email}}
Website: {{website}}
Warehousing Agreement
This Warehousing Agreement ('Agreement') is made and entered into on this {{date}} by and between:
{{warehouse_provider_name}}, a company duly incorporated under the laws of {{country}}, with its principal place of business at {{warehouse_provider_address}} (hereinafter referred to as 'Warehouse Provider'); and
{{client_name}}, a company duly incorporated under the laws of {{country}}, with its principal place of business at {{client_address}} (hereinafter referred to as 'Client').
The Warehouse Provider and the Client are hereinafter collectively referred to as the 'Parties' and individually as a 'Party'.
1. Services Provided
1.1. The Warehouse Provider agrees to provide warehousing and storage services for the Client's goods ('Goods') at its facility located at {{warehouse_location}} (the 'Warehouse').
1.2. The services shall include, but not be limited to, receiving, storing, handling, inventory management, and dispatching of the Goods as per the Client's instructions.
1.3. The specific types and quantities of Goods to be stored shall be detailed in Annex A, which forms an integral part of this Agreement.
2. Term of Agreement
2.1. This Agreement shall commence on {{start_date}} and shall continue for a period of {{term_duration}} months/years, unless terminated earlier in accordance with the provisions of this Agreement.
2.2. This Agreement may be renewed upon mutual written agreement of both Parties.
3. Storage Fees and Payment
3.1. The Client agrees to pay the Warehouse Provider a storage fee of {{currency}} {{storage_fee}} per {{unit_of_measurement}} per month/week/day, or as otherwise agreed in Annex B.
3.2. All invoices shall be issued on the {{invoice_day}} of each month and shall be payable within {{payment_due_days}} days from the date of invoice.
3.3. Late payments shall incur an interest charge of {{late_payment_interest_rate}}% per annum.
4. Responsibilities of the Parties
4.1. Warehouse Provider Responsibilities:
a. To maintain the Warehouse in a clean, secure, and appropriate condition for the storage of the Goods.
b. To exercise reasonable care and skill in handling and storing the Goods.
c. To provide accurate inventory records and reports to the Client.
4.2. Client Responsibilities:
a. To accurately declare the nature and value of the Goods.
b. To ensure that the Goods are properly packaged and fit for storage.
c. To provide clear and timely instructions for the receipt, handling, and dispatch of Goods.
5. Insurance
5.1. The Client shall be responsible for insuring the Goods against all risks including, but not limited to, loss, damage, theft, and fire, for the entire period the Goods are stored at the Warehouse.
5.2. The Warehouse Provider shall not be responsible for any loss or damage to the Goods, except where such loss or damage is directly attributable to the gross negligence or willful misconduct of the Warehouse Provider.
6. Limitation of Liability
6.1. The total liability of the Warehouse Provider for any claim arising out of or in connection with this Agreement, whether in contract, tort (including negligence), or otherwise, shall not exceed {{currency}} {{liability_limit}} or {{liability_limit_percentage}}% of the value of the Goods, whichever is lower.
6.2. The Warehouse Provider shall not be liable for any indirect, incidental, special, or consequential damages, including but not limited to loss of profits, loss of business, or loss of data, arising out of or in connection with this Agreement.
7. Termination
7.1. Either Party may terminate this Agreement by providing {{notice_period}} days' written notice to the other Party.
7.2. Either Party may terminate this Agreement immediately upon written notice if the other Party commits a material breach of this Agreement and fails to remedy such breach within {{cure_period}} days after receiving written notice thereof.
8. Governing Law and Dispute Resolution
8.1. This Agreement shall be governed by and construed in accordance with the laws of {{country_law}}.
8.2. Any dispute, controversy or claim arising out of or relating to this Agreement, or the breach, termination or invalidity thereof, shall be settled by negotiation between the Parties.
8.3. If the dispute cannot be resolved through negotiation, the Parties agree to submit to the exclusive jurisdiction of the courts of {{city_court_jurisdiction}}, {{country_court_jurisdiction}}.
9. Entire Agreement
9.1. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, with respect to such subject matter.
9.2. Any modifications or amendments to this Agreement must be in writing and signed by both Parties.
Signatures
IN WITNESS WHEREOF, the Parties have executed this Agreement as of the date first written above.
_____________________________
{{warehouse_provider_name}}
By: {{warehouse_provider_signatory_name}}
Title: {{warehouse_provider_signatory_title}}
Date: {{date}}
_____________________________
{{client_name}}
By: {{client_signatory_name}}
Title: {{client_signatory_title}}
Date: {{date}}
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