Memorandum of Understanding
A Memorandum of Understanding (MOU) is a formal, non-binding document that outlines the terms and details of an agreement between two or more parties. It serves as a preliminary agreement, capturing the understanding and intentions of the parties regarding a potential collaboration or partnership.
Annotations: MOU Suggested Language
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Things to Consider: MOU Companion Document
For each key provision in the MOU, we have included Considerations and Practical Tips to be utilized as a companion document.