Review Memorandum of Understanding in California for Financial Services Business
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Memorandum of Understanding
California
Business
Financial Services
Over a week
$500 (Flat fee)
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3 pages
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When is it appropriate to use a memorandum of understanding?
I am discussing a partnership with another company and we will be doing a pilot before integrating our software. The other party has asked us to provide a partnership agreement. I read about memorandum of understandings and wanted to learn more about what they are used for.
Jane C.
You may use a Memorandum of Understanding when you want a written agreement that is less formal than a contract yet still outlines the terms of your partnership. Disclaimer - This information is provided for general informational purposes only. No information contained in this post should be construed as legal advice and does not establish an attorney-client relationship.