![]() ![]() or …… (or any of their various components). Nothing in this MOU shall be deemed to be a commitment or obligation of funds from either …. Here are a few examples of statements for program collaborations or partnerships where funding is not part of the agreements: Specify who will review and approve expenditures and financial decisions on behalf of the collaboration, if needed. Someone may need to take responsibility for financial record keeping and reporting. The financial or funding support situation should be explained. To accomplish the purpose and objective outlined in the MOU, partners will meet at least a year. It is also a way for parties to specify their reporting needs and timeframes. It provides a structure, such as a specific meeting time, or the "as needed" informal expectations of either party. ![]() This memorandum may be terminated by either party giving the other party notice in writing.Īn MOU describes the interaction between the organizations. The memorandum should also identify how the MOU can be terminated. This memorandum shall commence on and shall continue for a period of. ![]() The memorandum should identify the beginning and ending dates of the agreement or its duration. The specific agreements should be detailed into separate paragraphs or listings along the lines of "What Will Do" and "What Will Do." Duration of Term of Memorandum and Termination Process The memorandum should state the purpose and goals of the collaboration or partnership between the two entities. Here are some typical components of an MOU, with sample language: Purpose and Agreement(s) It defines the rights and responsibilities of each involved entity. It clarifies what kind of support will be provided and creates more meaningful ways for communication or participation. An MOU spells out the common understandings. A Memorandum of Understanding (MOU) is simply a written agreement to identify the working relationships and guidelines between collaborating entities. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |