Contracts & agreements
Memorandum of understanding template (US)
A general template under US law. Laws differ from state to state, so check it against your state's law or with a lawyer licensed there. We are not a law firm and do not give legal advice.
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Memorandum of Understanding
This Memorandum of Understanding ("MOU") is made on MOU Date between First Party Name, a First Party Entity Type and State, at First Party Address ("First Party Short Name"), and Second Party Name, a Second Party Entity Type and State, at Second Party Address ("Second Party Short Name").
1. Purpose
The parties wish to explore working together on Purpose of the Cooperation. This MOU records their shared understanding and intentions.
2. Areas of Cooperation
The parties expect to cooperate in these areas:
• First Area of Cooperation
• Second Area of Cooperation
• Third Area of Cooperation
3. Responsibilities
First Party Short Name expects to: First Party Responsibilities.
Second Party Short Name expects to: Second Party Responsibilities.
4. Costs
Unless the parties agree otherwise in writing, each party bears its own costs in connection with this MOU.
5. Contacts
First Party Short Name contact: First Party Contact Name, Email and Phone
Second Party Short Name contact: Second Party Contact Name, Email and Phone
6. Non-Binding Nature
This MOU is a statement of intent only. It does not create a partnership, joint venture, agency or any legally binding obligation, and neither party is obliged to enter into any further agreement. Any binding commitment will be set out in a separate written agreement signed by both parties. Only Sections 7 (Confidentiality), 8 (Term) and 9 (Governing Law) are binding.
7. Confidentiality
Each party will keep confidential the non-public information the other shares under this MOU, and use it only for the purpose above, for Confidentiality Period after the MOU ends.
8. Term
This MOU starts on the date above and continues until End Date, unless either party ends it earlier by written notice to the other.
9. Governing Law
This MOU is governed by the laws of the State of Governing State.
| First Party | Second Party |
| --- | --- |
| Signature: First Party Signature | Signature: Second Party Signature |
| Name: First Party Printed Name | Name: Second Party Printed Name |
| Date: First Party Signing Date | Date: Second Party Signing Date |