Memorandum of Understanding (MOU) Guidelines
This Memorandum of Understanding (MoU) guide outlines the clauses required to draft a preliminary agreement between two parties, serving as a foundation for future contracts. It covers essential clauses such as purpose, responsibilities, duration, and confidentiality, along with provisions for amendments, notices, and dispute resolution. The MoU determines whether the agreement is binding and whether it will serve as an annex to subsequent contracts, providing a clear framework for initial negotiations and commitments.
Shawli Abunijem Abbadi Law Firm
memorandum-of-understanding-mou-guidelines