STORAGE CONTRACT
Contract No.:
Seller:
Buyer:
This Storage Contract is made and entered as of the day of , in , China, by and between:
(“Seller”), a company established and incorporated under the law of the People’s Republic of China (“PRC” or “ China”) with its legal registered address at China;
Co., Ltd. (“Buyer”), a company established and incorporated under the law of China with its legal registered address at : .
The Seller and the Buyer are referred to herein individually as a “ Party” and collectively as the“ Parties”.
The Parties agree to keep storage for the final products required by the Buyer. After friendly consultation, the Parties hereby agree to the following terms and conditions:
1. Commodity of Storage
The commodity for storage is .
The total quantity of storage is .
The quantity stored per month is .
The products stored in the Seller’s warehouse shall be well packed in accordance with the Buyer’s packing requirements and pass the Buyer’s quality inspection.
The quantities can be changed by mutual agreement according to the demand change.
2. Storage Term and Contract Period
The storage program shall be started from . The Seller shall finish the production for the agreed products and get the inventory ready by . If there are extra orders from the Buyer during the inventory preparation, the completion time of the agreed stock quantity can be rescheduled.
As soon as the storage program is commenced, the Seller shall provide inventory report of the contracted products to the Buyer every days.
The Seller shall maintain the contracted quantity for each product in their stock and the replenishment time is up to days after any consumption of the stock.