Tennessee Strategic Alliance Memorandum of Understanding

State:
Multi-State
Control #:
US-P0627-AM
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

This Memorandum contains the terms of an agreement between two companies to establish an alliance under which they will jointly procure agreed upon goods and services.

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FAQ

A memorandum of understanding (MOU) is a cooperative agreement between two parties that can include general terms and goals and is not intended to be legally binding. A memorandum of agreement (MOA) is a more detailed business document often created just before a legally binding contract.

An agreement is a formal contract that is legally binding and can be enforced in court, while an MOU is a non-binding document that outlines the general terms and understanding of a relationship.

Any corporation, limited partnership, limited liability company or business trust chartered/organized in Tennessee or doing business in this state must register with the secretary of state and file annual reports.

Memorandum of Understanding (MOU) The purpose of an MOU is to acknowledge a formal, ongoing and strategic relationship between institutions that is intended to be long term, or to support a grant application.

In Tennessee, all partnerships except for GPs require the appropriate paperwork be filed along with the current filing fee. Forms are different for foreign (out-of-state) partnerships. General partnerships (GP): GPs may register with the state through this link.

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Tennessee Strategic Alliance Memorandum of Understanding