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Catering contracts are essential for protecting both the catering company and the client. The purpose is to safeguard the caterer against last-minute cancellations or changes in the menu numbers, ensuring they are not left with unused food. Clients benefit from knowing what to expect, including cancellation policies and menu details. Contracts may specify deadlines for changes and additional costs for late modifications. Overall, catering contracts provide clarity and security for both parties involved in the catering agreement.