# Bailee Agreement
**This Bailee Agreement ("Agreement") is made and entered into as of [Insert Date], by and between:**
**[Insert Bailee’s Name]**
Address: [Insert Bailee’s Address]
Phone: [Insert Bailee’s Phone Number]
Email: [Insert Bailee’s Email Address]
(referred to as "Bailee")
AND
**[Insert Bailor’s Name]**
Address: [Insert Bailor’s Address]
Phone: [Insert Bailor’s Phone Number]
Email: [Insert Bailor’s Email Address]
(referred to as "Bailor")
## 1. Purpose
The purpose of this Agreement is to set forth the terms and conditions under which the Bailor will deliver certain property to the Bailee for custody, care, and safekeeping.
## 2. Description of Property
The property covered by this Agreement is as follows:
- Description: [Insert Description of the Property]
- Condition: [Insert Condition of the Property]
- Value: [Insert Estimated Value of the Property]
## 3. Delivery of Property
The Bailor agrees to deliver the property to the Bailee on or before [Insert Delivery Date]. The Bailee will receive the property at the following location: [Insert Location of Delivery].
## 4. Duties of the Bailee
The Bailee agrees to:
1. Take reasonable care of the property while it is in custody.
2. Not use the property for any purpose other than to store and care for it as directed by the Bailor.
3. Notify the Bailor immediately of any loss or damage to the property.
4. Return the property to the Bailor in the same condition as it was received, normal wear and tear excepted, on or before [Insert Return Date].
## 5. Compensation
[Select one of the following options and delete the others]
- **a. For Compensation:** The Bailor agrees to pay the Bailee the sum of [Insert Amount] as compensation for the services provided under this Agreement.
- **b. No Compensation:** The Bailee shall hold the property without compensation.
## 6. Liability
The Bailee shall not be liable for any loss, damage, or destruction of the property unless such loss, damage, or destruction is the result of the Bailee's gross negligence or willful misconduct.
## 7. Indemnification
The Bailor agrees to indemnify and hold harmless the Bailee from any claims, damages, or liabilities arising out of the condition or use of the property, except as may arise from the Bailee's gross negligence or willful misconduct.
## 8. Termination
This Agreement shall automatically terminate on the date the Bailee returns the property to the Bailor. Either party may terminate this Agreement with written notice of [Insert Number] days to the other party prior to the desired termination date.
## 9. Governing Law
This Agreement shall be governed by and construed in accordance with the laws of the State of [Insert State].
## 10. Entire Agreement
This Agreement constitutes the entire agreement between the parties regarding the subject matter herein and supersedes all prior agreements or understandings, whether written or oral, relating to such subject matter.
## IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first above written.
**Bailor:**
Signature: _______________________________
Name: [Insert Bailor's Printed Name]
Date: [Insert Date]
**Bailee:**
Signature: _______________________________
Name: [Insert Bailee's Printed Name]
Date: [Insert Date]
---
*Disclaimer: This template is for informational purposes only and does not constitute legal advice. Please consult an attorney for legal advice tailored to your specific situation.*