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Simple Warehouse Storage Agreement Template for Malaysia

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Key Requirements PROMPT example:

Simple Warehouse Storage Agreement

"I need a Simple Warehouse Storage Agreement for storing electronics components in Malaysia, starting from March 2025, with specific provisions for temperature control and security measures, as well as clear liability terms for high-value items."

Document background
This Simple Warehouse Storage Agreement is designed for use in Malaysia when a business or individual requires professional storage services for their goods. The document is essential for establishing a clear legal framework between warehouse operators and their clients, covering crucial aspects such as storage conditions, access rights, fees, and liability allocation. Governed by Malaysian law, particularly the Contracts Act 1950 and Warehouse Operators Registration Rules 1990, this agreement ensures compliance with local regulations while protecting both parties' interests. It's particularly relevant for businesses seeking secure storage solutions without the complexity of full logistics service agreements.
Suggested Sections

1. Parties: Identification of the warehouse operator and the customer, including full legal names, registration numbers, and addresses

2. Background: Brief context of the agreement and the parties' intentions

3. Definitions: Key terms used throughout the agreement

4. Services: Detailed description of storage services to be provided

5. Term: Duration of the agreement, including commencement date and renewal terms

6. Storage Charges and Payment: Fees, payment terms, and method of payment

7. Access and Operations: Rules regarding access to stored goods and operational procedures

8. Storage Conditions: Standards for maintaining the storage environment and handling goods

9. Risk and Insurance: Allocation of risk and required insurance coverage

10. Liability and Indemnity: Limitations of liability and indemnification provisions

11. Termination: Grounds and procedures for ending the agreement

12. Notices: How formal communications between parties should be made

13. Governing Law: Confirmation of Malaysian law as governing law and jurisdiction

14. Execution: Signature blocks and execution requirements

Optional Sections

1. Security Deposit: Terms for security deposit if required - use when dealing with high-value goods or new customers

2. Dangerous Goods: Special provisions for handling and storing dangerous or hazardous materials - include if such goods may be stored

3. Temperature Control: Specific requirements for temperature-controlled storage - include for perishable or temperature-sensitive goods

4. Customs and Excise: Provisions relating to customs requirements - include for bonded warehouses or international goods

5. Force Majeure: Provisions for unforeseen circumstances - recommended for longer-term agreements

6. Confidentiality: Provisions protecting confidential information - include when sensitive business information may be shared

7. Assignment: Rights to assign the agreement - include when either party may need to transfer rights

8. Dispute Resolution: Alternative dispute resolution procedures - recommended for high-value or complex arrangements

Suggested Schedules

1. Schedule 1 - Service Specifications: Detailed description of storage space, specifications, and service standards

2. Schedule 2 - Fee Schedule: Detailed breakdown of all charges, including storage rates, handling fees, and additional services

3. Schedule 3 - Operating Procedures: Detailed procedures for delivery, collection, and handling of goods

4. Schedule 4 - Insurance Requirements: Specific insurance requirements and minimum coverage levels

5. Appendix A - Site Rules: Warehouse facility rules and safety procedures

6. Appendix B - Storage Location Plan: Floor plan or layout of designated storage areas

7. Appendix C - Authorized Personnel: List of authorized representatives for both parties

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions























Clauses

























Relevant Industries

Logistics

Manufacturing

Retail

E-commerce

Agriculture

Pharmaceuticals

Electronics

Food and Beverage

Textile

Construction Materials

Chemical Storage

Import/Export

General Merchandise

Relevant Teams

Operations

Legal

Supply Chain

Procurement

Facilities Management

Risk Management

Commercial

Business Development

Warehousing

Logistics

Compliance

Relevant Roles

Warehouse Manager

Operations Director

Logistics Manager

Supply Chain Manager

Procurement Manager

Facilities Manager

Contract Administrator

Legal Counsel

Risk Manager

Commercial Manager

Business Development Manager

Storage Operations Supervisor

Inventory Controller

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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