Recent Case Emphasizes the Importance of Outlining Specific Obligations in Written Agreements

摘要

Each contractual negotiation your company enters into carries with it a common subset of goals. The end result of negotiations should be a contract that both advances your company's interests and protects its rights. The agreement should also clearly and unambiguously define the rights and obligations of each party during the agreement's term. In other words, you will want to have a very clear understanding of the precise terms and conditions to which are you agreeing.