Memorandum of Understanding (MoU)
- ✔ Records the initial intent and broad consensus between two parties
- ✔ Provides a roadmap for complex, long-term business negotiations
- ✔ Establishes a "moral" commitment before signing definitive contracts
- ✔ Outlines the specific roles and contributions of each party in a project
- ✔ Protects shared information through binding confidentiality clauses
- ✔ Saves time by clarifying "deal-breakers" at the very beginning
- ✔ Creates a professional framework for collaborative research or development
We Are Recognised On
We Are Recognised On
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