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In this video tutorial, Annessa, a lawyer from Vakeel Search, discusses vendor agreements, which are legal contracts between business owners and vendors (suppliers or distributors of goods and services). She explains that these agreements are essential when a business needs to hire a vendor for a specific period. A vendor agreement outlines vital aspects such as the description of goods and services, rights and obligations of both parties, payment terms, timelines for delivery, and other important clauses. These specifications ensure transparency and avoid confusion between the parties. Annessa highlights Vakeel Search's experienced legal team, capable of customizing vendor agreements to meet client requirements.