Memorandum Of UnderstandingMemorandum of Understanding • January 30th, 2022
Contract Type FiledJanuary 30th, 2022A Memorandum of Understanding (MOU) is simply a written agreement to identify the working relationships and guidelines between collaborating entities. An MOU spells out the common understandings. It clarifies what kind of support will be provided and creates more meaningful ways for communication or participation. It defines the rights and responsibilities of each involved entity. Here are some typical components of an MOU, with sample language: