Storage Agreement Sample

CONTRACT FOR THE STORAGE OF GOODS

This Contract for the Storage of Goods ("Agreement") is entered into on

____________, 20___
by and between

___________________,
a corporation organized and existing under the laws of [STATE] with its head office

located at: _______________________________,
("Depositor")
And

___________________,
a corporation organized and existing under the laws of [STATE] with its head office

located at: _______________________________,
("Warehouseman").

In consideration of the mutual covenants contained in this agreement, the parties agree as follows:

  1. STORAGE AND HANDLING RATES

    The Depositor engages the Warehouseman to perform, and the Warehouseman agrees to perform, the storage and handling of the following merchandise ("Goods"), at the following rates, as required by the Depositor in the course of its business during the term of this agreement:

    GoodsType of ContainerSizeGross WeightStorage Rate Per MonthHandling In & Out Rate
    ______________________________
    ______________________________
    ______________________________
    ______________________________

  2. TERM OF AGREEMENT

    This agreement shall be in effect for [NUMBER] months, starting on [DATE], and ending on [DATE].

  3. STORAGE OF GOODS

    1. All charges for storage are per [PACKAGE OR OTHER AGREED UNIT] per [week/month/year]. OR at the fixed rate of [storage fee] per [time unit (week, month, year)].

    2. Storage charges take effect on the date that the Warehouseman accepts the supervision and safekeeping of Goods, regardless of the unloading date or the date of issue of any warehouse receipt.

    3. Except as provided in paragraph 4 of this section, a full month’s storage charge shall apply on all Goods received between the first and the fifteenth, inclusive, of a calendar month; one-half month’s storage charge shall apply on all Goods received between the sixteenth and last day, inclusive, of a calendar month; and a full month’s storage charge shall apply to all Goods in storage on the first day of the next and succeeding calendar months. OR All goods received after the first of the month will be charged on a pro-rata basis for that first month as described herein: (text field to explain how it will be pro-rated). All such storage charges are due and payable on the first day of storage for the initial month and thereafter on the first day of the calendar month.

    4. As mutually agreed on by the Warehouseman and the Depositor, a storage month shall extend from a date in one calendar month to, but not including, the same date of the next and all succeeding months. All storage charges are due and payable on [the first/last/15th day of the storage month].

  4. HANDLING OF GOODS

    1. The handling rates set forth in Section One cover the ordinary labor involved in receiving Goods at the warehouse door, placing Goods in storage, and returning Goods to the warehouse door. Handling charges are due and payable on receipt of Goods.

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