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"agreement stipulates" is correct and usable in written English.
It is used when a contract or agreement outlines a certain rule or condition that must be followed. For example, "The agreement stipulates that all payments must be made before the end of the month."
Exact(60)
The agreement stipulates that the French and German stakes in the company must be equal.
The agreement stipulates that the CTA's consultant will determine the market value of the naming rights.
That agreement stipulates that the French and German stakes in EADS must be equal.
Unless security improves, it will be impossible to hold a decent election, as the agreement stipulates.
But the agreement stipulates that Hanson has the opportunity to outbid any offer.
The exchange agreement stipulates that UTokyo reserve at least one spot for an HLS JD student each year.
The agreement stipulates that Audi will use the Q prefix for only two models, the Q5 and the Q7.
The protesters have rejected the 30-day transition period the agreement stipulates, saying the president should leave immediately.
The agreement stipulates that in personal matters Christians and Jews are free to follow their own religious teachings.
The agreement stipulates that the Government must immediately reinstate any workers dismissed in violation of the suspended Civil Service law.
But he has repeatedly pointed out that the peace agreement stipulates only that the I.R.A. disarm before May 2000.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com