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MoU Template (Non-Profit)

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The purpose of a Memorandum of Understanding (MOU) is to outline a formal, yet non-binding, agreement between two or more parties that establishes the framework for their collaboration on a specific project or initiative. While it does not create legally enforceable obligations, an MOU serves several key purposes:

 

  • Clarifying Roles and Responsibilities: It clearly defines the roles, duties, and expectations of each party involved, ensuring that everyone understands their contributions to the partnership.

  • Setting Goals and Objectives: The MOU outlines the shared goals and objectives of the parties, helping to ensure alignment on the purpose and desired outcomes of the collaboration.

  • Establishing Communication and Coordination: It lays the groundwork for effective communication, decision-making processes, and coordination between the parties to avoid misunderstandings.

  • Documenting Mutual Intentions: The MOU serves as a written record of the parties’ intent to work together, providing transparency and fostering trust in the partnership.

  • Guiding Future Agreements: It can set the stage for future, more formal agreements (e.g., contracts or partnership agreements), which will be legally binding.

  • Dispute Resolution Framework: In case of disagreements, the MOU can provide a framework for resolving disputes or outlining processes for mediation or negotiation.

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