Memorandum of Understanding
This Memorandum of Understanding (hereinafter referred to as "MOU") is made on this ___ day of ____, 20___, by and between:
Party One: [Full Name of Party One]
Address: [Address of Party One]
Contact: [Phone Number/Email of Party One]
Party Two: [Full Name of Party Two]
Address: [Address of Party Two]
Contact: [Phone Number/Email of Party Two]
This MOU shall be governed by the laws of the State of [State] where applicable.
Purpose
The purpose of this MOU is to outline the terms of understanding between the parties regarding:
- [Specific purpose or project details]
- [Additional details as needed]
Responsibilities
The following are the responsibilities of each party:
- Party One will: [Description of responsibilities]
- Party Two will: [Description of responsibilities]
Duration
This MOU shall commence on the date above and shall continue in effect until [specific end date or conditions for termination].
Confidentiality
Both parties agree to maintain the confidentiality of any sensitive information exchanged during the term of this MOU unless otherwise agreed upon in writing.
Signatures
In witness whereof, the parties have executed this Memorandum of Understanding as of the date first above written.
Party One Signature: ______________________
Print Name: ____________________
Date: ___ / ___ / 20___
Party Two Signature: ______________________
Print Name: ____________________
Date: ___ / ___ / 20___