Warehousing Agreement

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

WAREHOUSING AGREEMENT

This Warehousing Agreement ('Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}} (the 'Effective Date'), by and between:

{{warehouse_company_name}}, a company duly incorporated under the laws of [African Country, e.g., South Africa], with its registered office located at {{warehouse_company_address}} (hereinafter referred to as 'Warehouse Provider');

AND

{{client_company_name}}, a company duly incorporated under the laws of [African Country, e.g., Kenya], with its registered office located at {{client_company_address}} (hereinafter referred to as 'Client').

Collectively referred to as 'Parties' and individually as 'Party'.

1. SCOPE OF SERVICES

1.1. The Warehouse Provider agrees to store and handle goods (hereinafter referred to as 'Goods') as specified by the Client from time to time, subject to the terms and conditions of this Agreement.

1.2. Services shall include, but not be limited to: receipt, inspection, storage, inventory management, picking, packing, and dispatch of Goods, as further detailed in Schedule A (Services Specification).

1.3. The Warehouse Provider shall provide adequate and secure warehousing facilities located at {{warehouse_location}} suitable for the storage of the Client's Goods.

2. TERM AND TERMINATION

2.1. This Agreement shall commence on the Effective Date and shall continue for an initial period of {{initial_term_months}} months, unless terminated earlier in accordance with the provisions of this Agreement.

2.2. Either Party may terminate this Agreement by providing {{notice_period_days}} days’ written notice to the other Party.

2.3. 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}} days of receipt of written notice requiring it to do so.

3. FEES AND PAYMENT

3.1. The Client shall pay the Warehouse Provider fees for the services rendered as set out in Schedule B (Fee Schedule). All fees are exclusive of Value Added Tax (VAT) or any other applicable taxes, which shall be borne by the Client.

3.2. Invoices will be issued {{invoicing_frequency}} and are payable within {{payment_terms_days}} days from the date of invoice. Late payments may incur interest at a rate of {{late_payment_interest_rate}}% per annum, calculated daily.

4. WARRANTIES AND LIABILITY

4.1. The Warehouse Provider warrants that it will perform the services with reasonable care and skill, and in accordance with all applicable laws and regulations.

4.2. The Warehouse Provider's liability for loss or damage to Goods shall be limited to {{liability_limit_currency}} {{liability_limit_amount}} per incident or {{liability_per_unit_currency}} {{liability_per_unit_amount}} per unit of Goods, whichever is lower, unless otherwise agreed in writing.

4.3. The Client warrants that it has the right to store the Goods and that the Goods are not subject to any liens or encumbrances unknown to the Warehouse Provider.

5. INSURANCE

5.1. The Client shall be responsible for insuring its Goods against all risks of loss or damage while in the custody of the Warehouse Provider.

5.2. The Warehouse Provider shall maintain adequate insurance coverage for its operations, including public liability and professional indemnity insurance, as required by law.

6. GOVERNING LAW AND DISPUTE RESOLUTION

6.1. This Agreement shall be governed by and construed in accordance with the laws of [African Country, e.g., Nigeria].

6.2. Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration under the rules of [Arbitration Body, e.g., the Arbitration Foundation of Southern Africa (AFSA)], which Rules are deemed to be incorporated by reference into this clause. The seat of the arbitration shall be [City, African Country, e.g., Accra, Ghana].

7. FORCE MAJEURE

7.1. Neither Party shall be liable for any delay or failure in performance of its obligations under this Agreement if such delay or failure is due to an event of Force Majeure, which includes acts of God, war, terrorism, civil unrest, natural disasters, epidemics, or government actions beyond the reasonable control of the affected Party.

7.2. The Party affected by Force Majeure shall promptly notify the other Party of the event and its expected duration.

8. CONFIDENTIALITY

8.1. Both Parties agree to keep confidential all non-public information obtained during the course of this Agreement and not to disclose it to any third party without the prior written consent of the other Party, except as required by law.

9. ENTIRE AGREEMENT

9.1. This Agreement, including its Schedules, constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior discussions, negotiations, and agreements, whether oral or written.

Signature Block

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

_____________________________

For: {{warehouse_company_name}}

Name: {{warehouse_signatory_name}}

Title: {{warehouse_signatory_title}}

Date: {{signature_date}}

_____________________________

For: {{client_company_name}}

Name: {{client_signatory_name}}

Title: {{client_signatory_title}}

Date: {{signature_date}}