A vendor agreement is a legal document that stipulates the provisions regarding the work performed by the vendor. It is a contract that specifies the conditions regarding the performance of certain work. Vendor Agreements can be made for many purposes like office supplies, consultants, technology, services.
A vendor contract (otherwise known as a vendor agreement) is a business contract between two parties covering the exchange of goods or services in return for compensation. Vendor contracts establish the business relationship conditions and include details on each party's obligations under the contract.