Storage Agreement Template for India

1. Parties: Identifies and provides full details of the storage provider and the customer, including their registered addresses and company registration numbers if applicable

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

3. Definitions: Defines key terms used throughout the agreement for clarity and consistency

4. Storage Services: Details the core storage services to be provided, including the nature of storage space and basic handling services

5. Term: Specifies the duration of the agreement, including start date and any renewal provisions

6. Charges and Payment: Outlines storage fees, payment terms, payment methods, and late payment consequences

7. Access and Operations: Describes access rights, operating hours, procedures for depositing and retrieving goods

8. Security and Storage Conditions: Specifies security measures and storage conditions to be maintained

9. Customer Obligations: Lists customer responsibilities including proper packaging, prohibited items, and information provision

10. Provider Obligations: Details the storage provider's duties and service standards

11. Insurance and Liability: Outlines insurance requirements and limitations of liability

12. Termination: Specifies termination rights, notice periods, and consequences of termination

13. Confidentiality: Governs the handling of confidential information exchanged between parties

14. Force Majeure: Addresses circumstances beyond parties' control affecting performance

15. Governing Law and Jurisdiction: Specifies that Indian law governs the agreement and establishes jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

1. Schedule 1 - Storage Space Specifications: Detailed description of storage space, including dimensions, location, and specific features

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 goods handling, receipt, dispatch, and emergency protocols

4. Schedule 4 - Service Level Agreement: Specific performance metrics and service standards

5. Schedule 5 - Insurance Requirements: Detailed insurance specifications and coverage requirements

6. Appendix A - Prohibited Items List: Comprehensive list of items that cannot be stored in the facility

7. Appendix B - Contact Details: List of key contacts for both parties, including emergency contacts

8. Appendix C - Facility Rules and Regulations: Detailed facility rules, including health and safety requirements