What is a stakeholder agreement?

A stakeholder agreement is a legal document that outlines the terms and conditions of the relationship between stakeholders in a company or project. It identifies the roles and responsibilities of each stakeholder, sets out the decision-making process, and provides guidelines for dispute resolution. A stakeholder agreement helps to ensure that each stakeholder is aligned with the goals and objectives of the project or company and that everyone has a clear understanding of their obligations. It is a valuable tool for managing expectations and mitigating risk, and it helps to facilitate a smooth and productive working relationship among stakeholders.