Memorandum of understanding (MOU) form
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A memorandum of understanding records the shared goals and expectations between two parties before a formal contract is signed. It covers the purpose of the agreement, the context of the relationship, expected outcomes, roles and responsibilities, and a timeline for each side. Since it is not legally binding, it works well as a starting point for outlining intentions and responsibilities before moving to a formal agreement.
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Last updated:4 July 2022
Suggest changesFile size:1 mb
Pages:2
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