It is recommended that you specify in writing what you have agreed upon.
- Perhaps you thought you had an agreement, but there was a misunderstanding due to language. To formally confirm what you have negotiated will avoid misunderstandings.
- The people who originally signed the agreement may have left the company. How do you prove what they agreed to if you have nothing in writing?
- In some countries, it is very dangerous not to have a contract. If you want to cancel your agreement it can be very costly if you don’t hold a document specifying the terms