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Identification: all parties involved are listed by their legal name, address, and business (if applicable). The MOU must also identify itself as an MOU, not a contract. Intention: the MOU must clearly identify the purpose of the agreement.

Signing the Letter Agreement or MOUYou can each sign the agreement or MOU simultaneously, or you can sign separately, but it's a good idea for each party to have a fully signed copy for their records.

Identification: all parties involved are listed by their legal name, address, and business (if applicable). The MOU must also identify itself as an MOU, not a contract. Intention: the MOU must clearly identify the purpose of the agreement.

# A MOU would be legally binding if the parties thereto agree to insert any such clause, the literal meaning upon reading of which would mean that such a MOU intends to create a legal relationship between the parties to the contract and that the breach of such provisions would mean the same as a breach of a contract

This Memorandum of Understanding (the MOU) is entered into ____________________ (the Effective Date), by and between ________________________, with an address of _____________________________ (Name) and _________________, with an address of _______________________________, (Name), also individually referred

In general, your MOU would start out with a title, such as: "Memorandum of Understanding Between Jane Smith and John Doe," with each party's address and the date of the agreement, followed by numbered sections such as: The purpose of the agreement. A description of the agreement including all the terms.

Although MOUs are not legally binding but are considered as a serious document by the law. To enforce it, the agreement must contain binding and non-binding terms in order to be enforceable and if the agreement is to be a non-binding then, it has to be specified clearly as a non-binding agreement.