Cooperation Clause
Categories: Regulations, Tax, Trading, Company Management
"You two stop fighting and get along or I'm pulling this car over right now."
That's a cooperation clause, domestic-style.
These clauses exist in business as well, and work along the same lines. "You'll provide us with 4 million tons of plastic each month...and we'll provide you with cash plus access to our stamping machinery on weekends." Or something like that.
It's more or less a contract that covers operational issues for how two entities will, in fact, cooperate...while driving down the business highway of life.