A contract head document should only serve as an introductory agreement to the basic terms of a transaction or partnership. This is done during the pre-contract phase of the negotiations. An agreement will not be conceptually comprehensive enough to cover all the details necessary for a binding formal agreement. But its lack of detail is also its strength; parties are less likely to find something they disagree on. Once both parties have reached a broad consensus on a partnership or transaction and have signed a contractual document, the next step is to involve lawyers and accountants to reduce the details. These details may contain a number of preconditions that must be met before a final agreement is reached. The next step is the signing of a binding contract, although a contract change can be terminated at any time by both parties with some reservations. Congruence: Derivative words: Conruenzsatz English translations: 1a) Treaty, Concorde; 2) French Congruity: 1a) Latin agreement: 1) Swedish congruentia: Kongruens Similar terms: competition, kookkurrenz « Google`s contract employees claim that the company`s confidentiality agreements prevent them from a number of legal rights ranging from whistleblowing to their parents` statement, how much they earn, how much they make, according to a recently filed court case. » Slashdot, 02 October 2020 « Long-standing alliances have been penalised, agreements have been swept away, tariffs have been raised, funding has ended. Some nations have been mocked by the united states. The Washington Times, November 03, 2020 « Based on the change in attitude spurred by #MeToo, employees are asking for exit agreements that allow them to comment on their alleged discrimination and companies are reconsidering privacy restrictions. » Wall Street Journal, October 20, 2020 « Mango announced Friday that it has finally reached an agreement with the fleet maintenance group. » Fin24.com, 02 October 2020 « An anonymous reader quotes a report by Ars Technica: A couple of multi-party senators introduced laws to radically restrict the use of the non-compete clause throughout the U.S. economy. » Slashdot, October 18, 2019 The grounds for a gentlemen`s agreement may be due to a legally illegal agreement, including a violation of the legal prohibition. As gentlemen`s agreement, companies` concerted cartel and abuse practices are based on deliberate coordination, but not through legal ties. Companies that, as a whole, have a dominant position in the market, enter into price agreements and thus exclude market forces for price formation to the detriment of the consumer.