An Endorsement Agreement is a contract between two parties that outlines the terms and conditions of an endorsement – an act of publicly or formally backing or recommending something. This type of agreement is typically used when one party (an individual or organization) wishes to promote, market, or advertise another party’s products or services in exchange for compensation from the other party. The agreement should detail the type of endorsement being made, the compensation for that endorsement, any legal requirements for the endorser to comply with, and any other obligations that have been agreed upon. It’s important to keep these agreements as clear and unambiguous as possible, so both parties fully understand their roles and responsibilities.