Cooperation agreements

Cooperation agreements

A cooperation agreement is an agreement between two or more parties to cooperate in a certain area or project. The aim of the cooperation agreement is to establish the obligations and authorizations of the individual parties in order to ensure effective and coordinated cooperation. The content of the cooperation agreement may include data on the purpose of cooperation, scope of work, time schedule, financial conditions, responsibilities of individual parties, method of communication and other similar points. A cooperation agreement can be concluded between any types of entities, such as businesses, public institutions, non-profit organizations, etc.