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Memorandum of Understanding [MOU]
A memorandum of understanding (MOU) is an agreement between two or more parties. The MOU serves as an expression of aligned will between the parties, indicating the intent of common line of action. MOU indicates that the parties have reached a common understanding and are moving forward. MOU is not legally binding, but it signals that a binding contract is imminent. It is most often found in international relations or high-stake business level like merger scheme.
ComplianceIndia can help you obtain your draft format of Memorandum of understanding (MOU) quickly and hassle-free.
How to proceed?
We will provide the draft format on request which can be used by the party/(ies) to prepare and finalise the Memorandum of understanding (MOU). MOU communicates the mutually accepted expectations of all of the parties involved in a negotiation.
Let us provide a draft personalized and customized copy of Memorandum of understanding to you based on your needs.