What Is A Memorandum of Understanding?

Memorandum of Understanding (MOU), also referred to as a Letter of Intent (LOI), is a non-legally binding agreement which declares a preliminary commitment or a proposed agreement, from one party to another, to enter into a business arrangement. 




  What is the purpose of a Memorandum of Understanding?


This Memorandum of Understanding will be suitable for the following:


⇒  A business interested in signing an agreement with another another business entity

⇒  A party who wishes to record and formalize an ongoing discussion with another party

⇒  A business which wants to protect its valuable business information and key employees

⇒  General protection for all parties involved in a deal or transaction

⇒  To announce a specific deal, which could be a merger or JV between two entities.



Product Details





⇒  Up to 3 FREE Revisions & 24/7 customer care


  Fast & Easy Editing on MS Word Docx.


  OPTIONAL instruction manual included


  In-Text Guidance Notes included 


  30-Day Money Back Guarantee


  Last Review Date: 5 JUNE 2021


  Length: 4 pages (Min.) 


  Review Number: 118


  Lawyer Reviewed 



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