Bailment Agreement - DOC by bobzepfel

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Bailment Agreement

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									                                    BAILMENT AGREEMENT



       This Bailment Agreement is entered into as of the _____ day of ____________,

by and between                         ("Owner") and                   ("Bailee");

                                          RECITALS

       A.      Owner and Bailee are parties to an oral agreement under which Bailee

manufactures certain products for sale to Owner; and

       B.      Owner has delivered to Bailee certain tooling, molds, jigs and fixtures for use in

the manufacture of the products, all as specified on Exhibit A hereto along with all duplicates,

replacements and similar molds or equipment that are or could be used to manufacture Owner

products (the "Scheduled Personal Property");

       C.      Owner has delivered the Scheduled Personal Property to Bailee solely for the

convenience of the parties, and Bailee has agreed to hold the Scheduled Personal Property as

bailee for Owner;

       NOW THEREFORE, in consideration of the mutual covenants contained herein and for

other good and valuable consideration, the parties agree as follows:

       1.      Ownership of Personal Property. All of the Scheduled Personal Property, and all

additional tooling, jigs and molds furnished to or which co
								
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