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Sample Memorandum Of Understanding Confidentiality Agreement
Sample Memorandum Of Understanding Confidentiality Agreement
MOU$$$$$$$$$$$$$$$$$$$$$$$ $ $Page$1$of$3$ $ Initials$________ _ _$
[Subject)matter)-)insert] )
MEMORANDUM)OF)UNDERSTANDING)
!
Parties)
Between:)
<If$Party:$[Party!A],having!its!registered!offices!at![Insert!registered!offices ]>!<if$
Individua l$[Ins ert !Fu ll!Na m e ],! re sidin g!at![Ins er t!res ide n tial!a dd re ss] >,!!(“!the!KiwiN et!
Partner”).!
And:)
<If$ Party:$ [Party! B],having! its! registered! offices! at! [Insert! register ed ! offices]>! <if$
Individua l$[Ins ert !Fu ll!Na m e ],! re sidin g!at![Ins er t!res ide n tial!a dd re ss] >,!(“Party!B”)!
!
Background:)
!
A. [Party$A]!is![description$of$business$carried$out$by$party].!
!
B. [Party$B]!is![description$of$business$carried$out$by$party].!
!
C. The!parties!are!entering!into!this!memorandum!of!understanding!(MOU)!to!record!
[describe$briefly$the$purpose$of$MOU].!
)
!
1. Expertise!
1.1. [Party$A]!has!expertise!in![list$expertise$Pa rty$A$brings$to$the$relationship]$
!
1.2. [Party$B]!has!expertise!in![list$expertise$Party$B$brings$to$the$relationship]!
!
2. Understanding!
2.1. [Details$of$understanding/proposed$arrangement.$This$can$be$left$suitably$broad$as$the$parties$
develop$a$project/framework$for$the$relationship,$simply$articulating$how$the$parties$will$work$
together.$If$ th e$M O U $is$being$used$while$a$project/relationship$is$being$defined$it$may$be$
appropriate$to$cover$co-funding$(direct$cash$o r$in-kind).$If$intellectual$property$may$be$created$by$
either$party,$cover$own e r sh i p ,$lic e n c es $a n d$com merciali sa t io n .]$$!
!
2.2. The!parties!acknowledge!the!intent!that!this!MOU!shall!be!superseded!by!a![contractual!agreement]!
whose!scope!and!intent!are!broadly!defined!by!this!MOU!and!will!be!negotiated!in!good!faith!by!the!
parties.!
!
3. Confidentiality!
3.1. Confidential!Information!means:!
a. All!information!and!materials!relating!to!or!arising!from!this!MOU!in!any!form!whatsoever,!and!
b. Inform a tio n !which!is!b y !its !n a tu re !c o n fid e n tia l!o r!which!th e !d is clo s e r!a d vis e s!the!recipie n t !is!
confidential!and!inc lu d es !th e !te rms!of!this !M OU,!and !
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