Memorandum of Understanding
Serves as a preliminary legal document to set out responsibilities of parties wishing to enter a specific business arrangement
Key Areas of Coverage
Business Collaboration
MoU
Terms and Conditions of Engagement
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High Level Description
Legal document used to outline and govern an agreement or understanding between two parties. The MoU serves as the preliminary document to define intentions and deliverables of the parties involved
When to use Template
Use when two organizations, individuals, or entities wish to collaborate on a project or enter into a joint business arrangement
Why use Template
Serves as a preliminary legal document to set out responsibilities of parties wishing to enter a specific business arrangement
Additional Information
Structured to reflect scope of work, responsibilities, deliverables, IP protection obligations of each party
