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Definitions[]

A Memorandum of Understanding (MOU) is

an agreement that sets forth the terms, responsibilities, relationships, intentions, and commitments of each participating entity; the agreement also provides an outline of the who, what, where, when, why, and how of the relationship.
[a] formal agreement with another organization that defines the roles and responsibilities and expectations of each party.[1]

Issues for consideration[]

When negotiating and drafting an MOU, the following issues should be considered:

  • Identifying and understanding the legal and practical implications of the MOU.
  • Defining the roles and responsibilities of the participating parties.
  • Including at least the following elements in the MOU:

References[]

See also[]

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