Memorandum of Understanding

Standard Template

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Description:

This is a standard template for the Memorandum of Understanding and can be customised for any project.  

Memorandum of Understanding outlines the agreement reached by the parties in relation to specified project/activity. It lays down the responsibilities of the parties, commercial terms and such other terms as agreed by the parties thereto.

How to use this Document?

This Document should be carefully read by the undersigning individuals.

The Memorandum of Understanding may be used  when the parties intend to record the main terms pertaining to a project/activity in writing, in a non-binding form. 

This Memorandum of Understanding should be signed by the authorised signatory. 

How to Tailor the Document for Your Need?

  1. Create Document: Click “Create Document” button and fill in the details of the parties. You can click the “Fill with Member’s Information” button to complete the party’s information with your personal or business information saved to your account.
  2. Please fill in any additional information by following the step-by-step guide on the left-hand side of the preview document and click the “Next” button.
  3. When you are done, click the “Get Document” button and you can download the document in Word or PDF format.
  4. Please get all parties to review the document carefully and make any final modifications to ensure that the details are correct before signing the document. Each party should have a copy of the executed document.

 

Document Type:

Mou / loi / termsheet

Category:

Business > General Business > MOU, Letter of Intent and Heads of Terms

 
Keywords:

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,  

legally binding

,  

non-binding

,  

good faith

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standard template

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heads of terms

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LOI

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Letter of Intent

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Author:

DocPro Legal

DocPro Legal is a team of legal professionals with a passion for making quality documents and legal contract templates widely available to the public through cutting edge technology. Our lawyers are qualified in numerous common law jurisdictions including the United Kingdom, Australia, New Zealand, India, Singapore and Hong Kong. We have experience in major law firms and international banks with expertise in business, commercial, finance, banking, litigation, family, succession and company laws.