MOU Template

MEMORANDUM OF UNDERSTANDING

This Memorandum of Understanding ("MOU") is entered into on 2026-04-26 between:

1. Party A Company Name, having office at Party A Address (hereinafter "Party A")

2. Party B Company Name, having office at Party B Address (hereinafter "Party B")

Collectively referred to as "the Parties".

1. PURPOSE & OBJECTIVE
The Parties wish to collaborate on technology development and joint marketing.

2. RESPONSIBILITIES OF PARTY A
Provide technology and development resources

3. RESPONSIBILITIES OF PARTY B
Handle marketing, sales, and customer support

4. DURATION
This MOU shall be effective from the date of signing for 2 years, subject to renewal by mutual written consent.

5. CONFIDENTIALITY
All information shared under this MOU shall be kept confidential by both Parties.

6. NO BINDING OBLIGATION
This MOU expresses the intent of the Parties and does not create binding contractual obligations except for confidentiality. A separate definitive agreement shall be executed for binding terms.

7. EXPENSES
Each Party shall bear its own expenses unless agreed otherwise in writing.

8. AMENDMENTS
Any amendments must be in writing and signed by both Parties.

9. TERMINATION
Either Party may terminate this MOU with 30 days written notice.

10. JURISDICTION
Governed by Indian law; disputes subject to courts of competent jurisdiction.

IN WITNESS WHEREOF, both Parties have signed this MOU.

_______________      _______________
For Party A           For Party B
Party A Company Name   Party B Company Name

Witnesses:
1. _____________
2. _____________