Key description
- MoU defines mutually agreed upon terms between two or more parties. It may be signed between the suppliers, employees, or founders. It is beneficial in terms that the parties already agreed to certain terms and conditions initially, which makes it easy to define each party’s roles and responsibilities and forbids any misunderstandings. this template can be used internationally in any regulation
Language
Categories
Industries
Covered clausesClauses
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1. PARTNERSHIP PURPOSE
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2. OBLIGATIONS OF THE PARTIES
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3. TRANSFER OF FUNDS
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4. NO JOINT VENTURE
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5. TERM
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6. INDEMNIFICATION AND LIABILITY
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7. NOTICE
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8. MODIFICATION OF ENTIRE AGREEMENT
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9. WAIVERS
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10. SEVERABILITY
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11. SUCCESSORS AND ASSIGNS
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12. GOVERNING LAW
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13. COUNTERPARTS
