> For the complete documentation index, see [llms.txt](https://token-engineering-commons.gitbook.io/tec-handbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://token-engineering-commons.gitbook.io/tec-handbook/tec-agreements-1/why-do-we-need-agreements.md).

# Introduction

Agreements are a key way to protect our common and ensure it’s professionalism, as well as mitigating legal risk. Make sure parties know what their obligations and responsibilities are. The purpose of this is just a little refresher on why agreements are so important because agreements are relevant to any type of relation. A clear, well-drafted social contract, makes it clear what is expected of someone or a DAO and what their position is. Knowing exactly where you stand is important, it allows better working relationships and if it does go wrong, you have a place to go that makes it clear what should have happened from the outset.