In the context of the European Union, the term „voluntary agreement“ generally refers to an agreement that is not the result of a political decision-making process exclusively within the official EU institutions (European Commission, Council of the European Union, European Parliament – i.e. the so-called Community method), but mainly the result of negotiations between social partner organisations legitimised by European legislation, to enter into such agreements. The main features of voluntary agreements are that they are not enshrined in EU legislation. Jim manages a computer programming business and contracts with Big Bank Inc. to help develop an Internet banking program. Jim and Big Bank Inc. agree to enter into a voluntary agreement for Big Bank Inc. to withhold the amounts of Jim`s payments.