A contract is a type of oral Agreement between the Coach and the sponsor, that is the person representing a company. It’s worth formalising the Coaching process with a written Agreement, where any arrangements, the session’s duration, payment forms and procedures regarding the cancellation of meetings, etc. are all included (see: agreement). Therefore, when setting the contract terms, the coach settles all informal matters not included in the written agreement but important from the perspective of the whole process. These are issues such as Goals and the Criteria of their accomplishment or place of meetings. It is also possible to agree on the method of verifying the results of The coaching process as well as a way of summarising the co-operation – best in the form of a tripartite meeting (sponsor – client – coach) after Finishing The coaching process .