Memorandum of understanding joint venture pdfMemorandum of Understanding • September 23rd, 2023
Contract Type FiledSeptember 23rd, 2023This Memorandum of Understanding (MO) – Joint Venture Document is a legally non-binding agreement setting out the principles and proposed terms of the joint venture between the two parties. The document begins by emphasizing the importance of joint venture and the mutual benefits that both parties can bring. It is emphasized that the detailed terms of the joint venture will be agreed in good faith based on the principles set out in the Memorandum of Understanding. The document is divided into several parts, each of which contains a detailed introduction and description of the main aspects of the joint venture.