Can this agreement be signed electronically?

Yes. Electronic signatures are valid under the ESIGN Act (15 U.S.C. ch. 96, 2000) and UETA in most states; ensure intent, consent, attribution, and retention so the signature meets the legal validity test.

Are there exceptions to electronic signing?

Some categories—such as wills, certain court filings, and specific UCC instruments—are commonly excluded from e-signature coverage; confirm whether the transaction or state law imposes an exception before relying on e-signing.

When is notarization required?

Notarization depends on state law and the nature of the document; deeds and some powers of attorney typically require notarization. For storage agreements, notarization is uncommon but may be required if tied to real estate conveyance.

What happens if a field is completed incorrectly?

Mismatched names, missing dates, or ambiguous fee terms can render parts of the agreement unenforceable or delay claims; correct errors with an amendment or re-execution to preserve enforceability.

Who should keep the signed original?

Each party should retain a signed copy; the custodian (warehouse) should also archive a copy for operational and claims handling. Retention must follow applicable federal and state rules.

How do I update or terminate the agreement?

Use a written amendment signed by all parties for changes. For termination, follow termination clauses in the agreement, observe notice periods, and document the final inventory and release actions.

Electronic Signature
Templates
Other
Product Purchase Storage and Handling Agreement

Product Purchase Storage and Handling Agreement

This template is fully customizable. Edit the text, fill out the fields, and send it for signature. Give it a try!

Storage Agreement for Manufacturer’s Products

Agreement made on the day of of , 20 , between

, a corporation organized and existing under the laws of the state of , with its principal office located at , (Name of State) (Street Address) and referred to herein as Depositor, and , a corporation organized and existing under the laws of the state of , with its principal office located at , referred to herein as Warehouseman.

Whereas, Depositor desires to ship in cars or other vehicles to , for the account of Depositor, and will require certain services, described below, to be performed with respect to these products; and

Whereas, Depositor desires to make arrangements with Warehouseman to perform, and Warehouseman desires to perform for Depositor, such of the following described services as may be required by Depositor during the time this Agreement is in effect;

Now, therefore, for and in consideration of the mutual covenants contained in this agreement, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:

I. Warehousing Services and Rates. Depositor hereby engages Warehouseman to perform, and Warehouseman shall perform, during the term of this Agreement and at the following rates, all of the following services required by Depositor in the course of its business with respect to Depositor's products shipped in cars or other vehicles to , for the account of Depositor:

A. Drayage. Rate: $ per . Drayage, for purposes of this Agreement, includes unloading from cars at , and hauling from the car door or from Warehouseman's warehouse on Depositor's order.

B. Handling. Rate: $ per . Handling, for purposes of this Agreement, includes keeping records of the contents of each car; unloading and moving Depositor's goods from the car to Warehouseman's warehouse; and delivering the goods at the warehouse door on Depositor's order.

C. Storage. Rate: $ per . Storage, for purposes of this Agreement, includes storage and usual handling in Warehouseman's warehouse.

D. Making collections. Rate: $ per $ of collections.

E. Making shipments. Rate: $ per . Making shipments, for purpose of this Agreement, includes filling orders for out-of-town shipments; marking the destination on containers in the manner and form specified by Depositor; and procuring bills of lading or shipping receipts from the carrier and forwarding them to the address specified by Depositor.

F. Prepaying transportation charges. Whenever necessary, Warehouseman shall pay lawful transportation charges on behalf of Depositor. Depositor shall promptly reimburse Warehouseman for such charges.

G. Warehouse receipts. Warehouseman shall issue warehouse receipts as requested by Depositor for the goods stored under this Agreement.

II. Term of Agreement. If Warehouseman defaults in the performance of any of the provisions of this Agreement, Depositor may terminate the Agreement by written notice to Warehouseman. Unless so terminated this Agreement will continue in effect for a period of days from date and thereafter until terminated by either party on at least days written notice.

III. Labor and Equipment. Warehouseman shall furnish all labor and equipment necessary to perform the services specified above at the rates specified.

IV. Condition of Shipment. Shipments will be reconciled by Warehouseman with bills of lading, and any damage or shortage will be noted on the original freight bill or carrier's receipt and the original freight bill or receipt forwarded promptly to Depositor. No goods will be delivered in torn, broken, or damaged sacks or other containers, or with respect to which there is any evidence of infestation or contamination.

V. Unloading, Loading, and Hauling. Unloading, loading, and hauling will be done so as to protect the goods from rain, snow, and other injurious weather conditions, from theft, and from contact or proximity to anything that might be damaging or injurious. Warehouseman shall leave no car unguarded or unlocked until it is fully unloaded. As to any car that is not unloaded within the required time, Warehouseman will promptly notify Depositor, specifying the consignee or consignees and the goods not unloaded.

VI. Manner of Storage. Warehouseman shall store all goods so that they will be protected at all times against theft and against injury or damage from moisture, insects, rodents, improper or unusual location, or injurious contact. All goods stored will be piled so as to permit inspection by Depositor at anytime, and delivery will always be made from the oldest goods on hand.

VII. Daily and Stock Reports. Daily reports will be forwarded to Depositor of all deliveries during the preceding business day. Warehouseman will furnish Depositor stock reports in writing on the day of each , , showing deliveries and balance of stock on hand.

VIII. Collections. No collections shall be made except as Depositor authorizes in writing, and no C.O.D. deliveries shall be made without obtaining payment as directed by Depositor.

IX. Title to Goods and Delivery. Title to all goods remains with Depositor. All goods stored shall be delivered to Depositor or to its order on demand and on surrender of any outstanding warehouse receipt or receipts. No deliveries will be made by Warehouseman without a written order signed by an employee in the credit department of Depositor.

X. Payment of Charges and Collections. All amounts due Warehouseman will be paid by Depositor on invoices. All money collected by Warehouseman will be forwarded to Depositor, and no money shall be retained by Warehouseman.

XI. Addresses of Parties. Except on days notice to the contrary, all funds, notices, and documents required by this Agreement to be sent or delivered will be sent or delivered to Depositor and to Warehouseman at their respective addresses above stated.

XII. Warehouseman's Bond. Warehouseman has furnished Depositor an application for a bond in the amount of Dollars ($ ) to secure the performance of this Agreement, the premium for which bond shall be paid by Depositor.

XIII. Insurance. Insurance will be carried by Depositor on its property.

XIV. Status of Warehouseman. Warehouseman is an independent contractor and not an agent or employee of Depositor.

WITNESS our signatures as of the day and date first above stated.

By:

What this Product Purchase Storage and Handling Agreement Is

A Product Purchase Storage and Handling Agreement documents the sale, transfer, storage, and physical handling responsibilities for purchased goods between a buyer, seller, and any third-party warehouse or logistics provider. It defines the product description, delivery and receipt terms, storage conditions, handling instructions, inspection and acceptance procedures, insurance and liability allocation, and payment or storage fee terms. The agreement allocates risk for loss, damage, spoilage, or mishandling and specifies notice, claims, and dispute procedures. It can be standalone or an exhibit to a larger purchase or supply contract and is commonly used across commerce and regulated industries.

Why a Clear Agreement Matters

A concise agreement reduces operational risk, clarifies who pays for storage and handling, and shortens dispute resolution. It helps align expectations for inspection, insurance, liability caps, and returns while providing evidence for claims and regulatory compliance.

Who typically prepares and signs this agreement

Procurement, warehouse operators, logistics managers, and legal teams commonly draft or review these agreements prior to shipment or storage.

Procurement teams coordinating purchase orders and vendor terms
Third-party logistics providers or warehouse operators accepting custody
Legal or compliance teams reviewing liability, insurance, and regulatory clauses

Final signers usually include authorized purchasing officers, warehouse facility managers, or corporate officers with contracting authority; identify them clearly in the signature block.

Typical signer profiles and roles

Procurement Lead

The Procurement Lead negotiates pricing, delivery windows, and acceptance criteria, and signs on behalf of the buyer after internal approvals; they must be authorized and their corporate authority documented.

Warehouse Manager

The Warehouse Manager accepts responsibility for storage and handling operations, confirms available capacity and procedures, and signs to acknowledge operational obligations and inspection/reporting requirements.

Core clauses to include for a professional agreement

Include specific, enforceable clauses that allocate risk, define services, and set measurable performance standards to avoid ambiguity and limit downstream disputes.

Product Description

Detailed SKU-level description, quantities, unit measures, lot or serial numbers, packaging requirements, and any hazardous material classification so handlers know exact handling and storage obligations.

Storage Conditions

Temperature, humidity, segregation, palletization, and shelf-life instructions, including monitoring frequency and corrective actions for environmental excursions to preserve product integrity.

Handling Procedures

Loading/unloading protocols, forklift and equipment restrictions, labeling, inspection steps on receipt, repacking rules, and chain-of-custody documentation to reduce damage and misplacement risk.

Fees and Payment

Clear fee schedule for inbound handling, storage (per pallet/day or cubic foot), pick-and-pack, returns, and late payment interest; include invoicing cadence and dispute resolution for billing.

Liability and Insurance

Limits of liability, indemnities, required insurance types and minimum coverages, and procedures for filing claims following loss, theft, or damage.

Inspection and Claims

Acceptance testing windows, rejection/return procedures, timelines for claimant notice, evidence required, and remedies including repair, replacement, or credit.

Step-by-step: completing the agreement

Follow these steps in order to prepare, review, and execute a compliant agreement that minimizes operational friction.

01

Draft core terms: Populate product, storage, and fee sections accurately.
02

Confirm operational details: Verify storage specs, equipment, and capacity with warehouse.
03

Review legal provisions: Check liability, insurance, and indemnity language for clarity.
04

Execute signatures: Collect authorized signatures and date the effective date.

Setting up a digital workflow for this agreement

Define each workflow element to ensure proper routing, authentication, and record retention for signed agreements.

Field	Configuration
Signer Order	Sequential or parallel routing per internal policy
Authentication Method	Email or SMS verification; stronger KBA if required
Document Template	Use a standardized template with required fields
Retention Policy	Auto-archive signed copy to secure storage

Typical digital signing flow for storage and handling agreements

A standard eight-step process simplifies execution when using an eSignature-enabled workflow; these steps ensure traceability and legal validity.

Upload Document: Sender uploads the finalized agreement file.
Place Fields: Add signature, date, and initial fields where required.
Add Signers: Assign parties and set signing order if needed.
Send for Signature: Distribute via secure link or email to signers.

Digital signing and integration considerations

Confirm platform capabilities to meet legal, audit, and operational needs before e-signature deployment.

Formats Supported: PDF, DOCX, and other common file types
Integrations: Connectors for ERP/CRM like NetSuite and Salesforce
Compliance Features: Audit trail, secure storage, and role-based access

Ensure your chosen platform supports the authentication, retention, and audit requirements your organization needs for regulatory or insurance purposes.

Typical eSignature vendor pricing and capability snapshot

Compare basic pricing and a few capability indicators relevant to agreements that require storage, handling, and potential health or financial data protections.

	signNow	DocuSign	Adobe Sign	PandaDoc	HelloSign
Starting Price	$8/user/mo	$15/user/mo	$14/user/mo	$19/user/mo	$15/user/mo
Free Trial	7-day trial	Varies by plan	Varies by plan	Varies by plan	Varies by plan
Bulk Send	Yes (Business Premium)	Yes	Yes	Yes	No
Audit Trail	Yes	Yes	Yes	Yes	Yes
HIPAA Compliant	Yes	Yes	Yes	No	No

Security and compliance data to capture

Document ID: Unique identifier for tracking

Storage Location: Warehouse name and zone

Temperature Range: Specified min/max values

Insurance Cover: Carrier and policy number

Audit Trail: Signed copy + activity log

Retention Rule: Prescribed archival period

Common penalties and risks from errors

Incorrect Storage: Loss or spoilage risk

Late Notification: Claim denial risk

Missing Signatures: Enforceability issues

Insufficient Insurance: Uninsured loss exposure

Ambiguous Fees: Billing disputes

Regulatory Noncompliance: Fines or enforcement

Recurring preparation mistakes to avoid

Leaving storage conditions vague leads to conflicting interpretations during claims and increases the likelihood of product loss or contract disputes.
Failing to name the authorized signatory and their capacity can delay enforcement and require remedial corporate resolutions or ratification.
Not aligning insurance limits with replacement value exposes parties to uncovered losses and potential litigation over indemnity obligations.
Omitting precise inspection windows and evidence requirements invites late claims and reduces the chance of successful recovery.

Key timelines and deadlines to specify

Document and operational timelines reduce disputes; include clear deadlines for each critical step listed below.

Effective Date:

Date when obligations and fees begin; enter as MM/DD/YYYY.

Inbound Inspection Window:

Specify days allowed for inspection and rejection after receipt (commonly 3–15 days).

Claims Notice Period:

Timeframe to notify of loss or damage (commonly 7–30 days).

Billing Cycle:

Monthly or weekly invoicing and payment due dates.

Storage Term End:

Date or trigger event that ends storage obligations.

Typical lifecycle milestones for a stored shipment

A sequential milestone view clarifies responsibilities from order to final release and helps coordinate billing and claims handling.

01

Order Placed

Buyer issues purchase order and requests storage reservation.

02

Inbound Receipt

Carrier delivers goods and warehouse logs receipt and initiates inspection.

03

Handling & Storage

Warehouse performs handling, stores under agreed conditions, and updates inventory records.

04

Release or Return

Goods are shipped to buyer or returned per contract terms; final inspection and invoicing follow.

Real examples of how organizations use this agreement

Practical examples illustrate common provisions and operational benefits when the agreement aligns with business needs.

Optica Ventures LLC

Optica standardized its handling terms to reduce onboarding time for new SKUs and storage vendors.

The standardized template reduced vendor questions by half.
As COO Brian Fitzgibbons reported, the simple, clear interface and consistent contract language improved turnaround and made it easier for customers and partners to accept terms without repeated negotiation.

Fertility Centers

A healthcare provider added privacy and chain-of-custody clauses for sensitive biological materials.

HIPAA addenda were appended to the storage clause.
The organization retained signed agreements and audit trails to satisfy clinical compliance and insurer inquiries while preserving traceable custody records.

Practical tips for accurate and efficient completion

Adopt these practices to reduce errors, accelerate execution, and make agreements easier to enforce.

Standardize template language across vendors

Use a single master template with variable exhibits for product lists and rates; this reduces negotiation cycles and ensures consistent liability and insurance clauses across transactions, saving legal review time and limiting unexpected coverage gaps.

Require authorized signer evidence

Attach a certificate of incumbency or reference a corporate resolution when counterparties sign on behalf of entities; this prevents later challenges to signature authority and supports swift dispute resolution.

Codify inspection and claims procedure

Define how inspection evidence is captured, who performs inspections, acceptable proof (photos, weigh tickets), and exact notice channels; clarity increases the likelihood of successful recovery for damaged or missing goods.

Align insurance with replacement value

Set insurance minimums to at least replacement cost and require carriers to name the other party as loss payee where appropriate to reduce uninsured exposure and simplify claims payouts.

How this agreement differs from related documents

Quick comparison to help choose the correct template for the transaction type and required protections.

Document Type \| Primary Purpose \| Notarization	Product Purchase Storage and Handling Agreement	Allocate custody and handling responsibilities	Typically not required
Bill of Sale \| Transfer ownership evidence \| May require notarization	bill of sale	evidence title transfer upon sale	may require notarization
Warehouse Receipt \| Evidence of custody by warehouse \| Often negotiable instrument	warehouse receipt	document of deposit and claim rights	often negotiable
Custodial Agreement \| Long-term custody services \| Varies by asset type	custodial agreement	ongoing asset custody and investment control	varies

Frequently asked questions about this agreement

Answers to common execution, enforceability, and operational questions to reduce confusion and speed implementation.

Need help? Contact support

Can this agreement be signed electronically?
Yes. Electronic signatures are valid under the ESIGN Act (15 U.S.C. ch. 96, 2000) and UETA in most states; ensure intent, consent, attribution, and retention so the signature meets the legal validity test.
Are there exceptions to electronic signing?
Some categories—such as wills, certain court filings, and specific UCC instruments—are commonly excluded from e-signature coverage; confirm whether the transaction or state law imposes an exception before relying on e-signing.
When is notarization required?
Notarization depends on state law and the nature of the document; deeds and some powers of attorney typically require notarization. For storage agreements, notarization is uncommon but may be required if tied to real estate conveyance.
What happens if a field is completed incorrectly?
Mismatched names, missing dates, or ambiguous fee terms can render parts of the agreement unenforceable or delay claims; correct errors with an amendment or re-execution to preserve enforceability.
Who should keep the signed original?
Each party should retain a signed copy; the custodian (warehouse) should also archive a copy for operational and claims handling. Retention must follow applicable federal and state rules.
How do I update or terminate the agreement?
Use a written amendment signed by all parties for changes. For termination, follow termination clauses in the agreement, observe notice periods, and document the final inventory and release actions.

Explore Templates

Mexico Commercial Invoice Auto Repair Invoice CARICOM Invoice Form Transmittal Form Homecare Service Invoice Form Massachusetts Invoice Form

be ready to get more

Join over 28 million airSlate SignNow users

Sign Now