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Custodial Agreements Template

PN
By Penno TeamCreated 2/5/2025
Legal DocumentsAgreementsContracts

Custodial Agreement

1. Introduction

This Custodial Agreement outlines the terms and conditions under which custodial services will be provided.

2. Parties Involved

This agreement is made between [Custodian Name] and [Client Name].

3. Scope of Services

The custodian agrees to provide the following services:

  • Management of assets

  • Record keeping

  • Reporting

4. Fees and Payment

The fees for custodial services will be as follows:

  • Initial setup fee: $[Amount]

  • Monthly service fee: $[Amount]

5. Term and Termination

This agreement will commence on [Start Date] and will continue until terminated by either party with [Notice Period] notice.

6. Liability

The custodian shall not be liable for any loss or damage unless caused by gross negligence or willful misconduct.

7. Governing Law

This agreement shall be governed by the laws of [State/Country].

8. Signatures

By signing below, both parties agree to the terms outlined in this Custodial Agreement.

__________________________ [Custodian Name]

__________________________ [Client Name]

A detailed template for creating custodial agreements, covering essential terms and conditions.
Edit the content of this template using Penno AI editor to make it your own. Learn more →
This template provides a comprehensive outline for creating custodial agreements, detailing the roles, responsibilities, and terms of service between custodians and clients. It includes sections on scope, fees, liability, and termination, ensuring clarity and legal compliance.

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