It's more or less just a connection. We agreed to keep things @ TCR still in place. Its more of a promotional gig. Meaning, You'll find lots of TCR links at the MTW site and MTW links @ TCR. It also opens up doors to content that somtimes is hard to reach. It's like a webring. I hope that clears things up.
A contract typically requires:
An aggreement or "meeting of the minds"
A consideration or exchange of value
Intent of both parties to enter into a binding agreement
Legal competence of the parties
On the surface, this agreement has the first and, maybe, the third.
A "press release" with the usual forward looking disclaimers might have been more appropriate