A long term agreement is a contract between two parties where the terms and conditions within last for longer than five years but less than fifty. This type of contract is ideal for partners who wish to work closely for a long period of time without needing to renew contract terms that are mutually beneficial.
The purpose of the long term agreement is to allow contract parties to work on projects with an extended timeline with a contract that fits the same timeline. This makes it more convenient for parties to work together.
Lawyers with backgrounds working on long term agreements work with clients to help. Do you need help with a long term agreement?
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