This strip was originally published in the newspapers on October 29, 1993.
Calvin has a contract for Hobbes. It codifies terms of their friendship. Hobbes can renegotiate in 20 years. Hobbes says people are friends because they want to be, not because they have to be. Calvin says that's what his contract fixes. Hobbes hands the form back and says if your friends are contractual, you don't have any.
This strip was also published in the following book:
There's Treasure Everywhere on page 38
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