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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."
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
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
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
Logistics
Manufacturing
Retail
E-commerce
Agriculture
Pharmaceuticals
Electronics
Food and Beverage
Textile
Construction Materials
Chemical Storage
Import/Export
General Merchandise
Operations
Legal
Supply Chain
Procurement
Facilities Management
Risk Management
Commercial
Business Development
Warehousing
Logistics
Compliance
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
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