An agreement between two companies is a legal contract between companies that outlines the terms and conditions of their relationship. The contract identifies the companies and states the obligations that each agrees to take on following the signing of the contract. It ensures that duties and roles are upheld by the agreeing party for the duration of the contract and ensures that legal action can be taken against a party that violates the agreement's terms.
By drawing and signing an agreement between two companies, both entities can protect their personal interests in a way that is mutually beneficial and admissable in court.
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