This memorandum of agreement template has 5 pages and is a MS Word file type listed under our legal agreements documents.
Sample of our memorandum of agreement template:
MEMORANDUM OF AGREEMENT This Memorandum of Agreement (the "Agreement" or "MOA") is effective [DATE], BETWEEN: [YOUR COMPANY NAME] ("Party A"), an individual with their main address located at OR a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] AND: [NAME OF SECOND PARTY] ("Party B"), an individual with their main address located at OR a Company organized and existing under the laws of the [State/Province] of [STATE/PROVINCE], with its head office located at: [COMPLETE ADDRESS] Collectively, Party A and Party B shall be referred to as the "Parties." WHEREAS, the purpose of this MOA is to establish the terms and conditions under which Party A and Party B will collaborate on a [SPECIFY PROJECT or ACTIVITY] (the "Collaboration"); WHEREAS, the Parties wish to evidence their Agreement in writing. NOW, THEREFORE, the Parties agree as follows: PURPOSE The purpose of this MOA is to establish the terms and conditions under which Party A and Party B will collaborate on a [SPECIFY PROJECT or ACTIVITY]. OBJECTIVE The objective of the Collaboration is to [SPECIFY OBJECTIVE]. TERM The term of this Agreement will be [SPECIFY TIMEFRAME], effective from [DATE], as specified above. RESPONSIBILITIES OF PARTY A [SPECIFY RESPONSIBILITIES OF PARTY A] RESPONSIBILITIES OF PARTY B [SPECIFY RESPONSIBILITIES OF PARTY B] RELATIONSHIP It is understood by both the Parties that nothing in this Agreement will be construed as creating a relationship of partnership, joint venture, agency or employment between the Parties. FUNDING Each Party shall be solely responsible for all the costs associated with the Collaboration and responsibilities pursuant to this MOA. LANGUAGE OF THE AGREEMENT The language of the Agreement shall be the English language, which shall be the binding and controlling language for all matters relating to the meaning or interpretation of the Agreement. CONFIDENTIAL INFORMATION AND NON-DISCLOSURE The Parties understand that some information may be of a confidential and sensitive nature. The Parties agree not to discuss or disclose information associated to this Agreement. SEVERABILITY If any term, covenant, condition or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or unenforceable, it is the Parties' intent that such provision be reduced in scope by the court only to the extent deemed necessary by that court to render the provision reasonable and enforceable and the remainder of the provisions of this Agreement shall in no way be affected, impaired or invalidated as a result. REPRESENTATION AND WARRANTIES The Parties hereby represent and warrant that, as of the date hereof and continuing throughout the term of this Agreement, they are not and will not be in any way restricted or prohibited, contractually or otherwise, from entering into this Agreement or performing the services contemplated hereunder. MODIFICATIONS Except where provision for modification is made elsewhere in this Agreement, all articles of this Agreement may be modified through amendments to the Agreement. NOTICES
