A Cooperation Contract is a legally binding document outlining the agreement between two or more organizations. It outlines the business arrangement, responsibilities and benefits of each party involved, as well as details on dispute resolution and contractual performance if needed. In a Cooperation Contract, both parties agree to cooperate in good faith and take part in a mutually beneficial relationship where resources are shared and each contributes to the success of the venture. By having a Cooperation Contract in place, organizations can be assured that their interests are being protected while still allowing for creative collaboration.