Memorandum of Understanding
Standard Template
This is a standard template for the Memorandum of Understanding and can be customised for any project. A Memorandum of Understanding outlines the agreement reached by the parties in relation to specified project/activity. It lays down the parties' responsibilities, commercial terms and other terms as agreed by the parties thereto.
How to Tailor the Document for Your Need?
01
Create Document
Fill in the details of the parties. You can click the "Fill with Member’s Information" button to complete it with information saved to your account.
02
Fill Information
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.
03
Get Document
When you are done, click the "Get Document" button and you can download the document in Word or PDF format.
04
Review Document
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.
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Document Description
This is a standard template for the Memorandum of Understanding and can be customised for any project. A Memorandum of Understanding outlines the agreement reached by the parties in relation to specified project/activity. It lays down the parties' responsibilities, commercial terms and other terms as agreed by the parties thereto.
How to use this Document?
The undersigning individuals should carefully read this Document.
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.
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