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Cooperation Agreement Between Two Companies

oboloo Glossary

Cooperation Agreement Between Two Companies

A Cooperation Agreement Between Two Companies is a contract between two separate businesses that outlines the rights, obligations and expectations of each company when they collaborate on a project. The agreement serves as protection for both parties by setting terms and conditions that must be adhered to throughout the duration of their relationship. The goal of this type of agreement is to ensure that each company’s interests are safeguarded while also providing a framework for productive cooperation, so all parties involved benefit from the relationship. It’s an important step in any business collaboration and can make all the difference in achieving success.

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