The Parties agree that an independent consultant shall be hired to carry out a risk assessment prior to beginning any work related to this collaboration agreement. No additional partners or subcontractors shall be hired or procured without prior written approval from both parties. A MOU is a legal document which sets the terms, conditions and operational rules applying to a contract. Any remaining profits or proceeds shall be distributed equally amongst the parties to this collaboration agreement. To be valid, the relationship between UNICEF and a Procurement services partner must be governed by a Memorandum of Understanding (MOU).This includes the above referenced excess capital contributions from either of the involved parties, as well as any overhead costs associated with the project, such as compensation for managers, consultants, subcontractors, or equipment. Any shared financial obligations shall be repaid using the proceeds from the collaboration’s efforts. The MOU template must contain the names of all of the parties involved including yourself.FundingĪll profits, proceeds, and other returns related to this collaboration agreement shall be distributed in the following manner:
This includes providing personnel and financial resources to obtain additional personnel for the purpose of achieving the above listed objectives. The Parties shall equally share any staffing responsibilities related to this collaboration agreement. THIS MEMORANDUM OF AGREEMENT (Memorandum), dated, 200 between COMPLETE NAME OF PARTNER (PARTNER) an organization SPECIFY TYPE for example. The following individuals have been appointed as chosen primary representatives for their respective employers: Name It is mutually understood that the Parties shall make every effort to ensure that all involved parties are fully aware of any pertinent facts related to the above listed objectives for the duration of this collaboration agreement.Ĭhosen primary representatives shall be responsible for keeping their respective employers abreast of any developments related to this collaboration agreement.
Sample mou full#
The Parties shall each nominate a primary representative to act on their behalf in all matters related to this collaboration agreement.Ĭhosen primary representatives shall be vested with the full ability to make decisions on behalf of their respective employers. This document constitutes an agreement between AFE Kumar an international development project promoting economic development in Kumar and ALPHA Company, a.
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