Definitions[edit | edit source]
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.||”|
Issues for consideration[edit | edit source]
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:
- Involved parties
- Assignment of personnel
- Policies and procedures
- Privacy guidelines
- Dispute resolution process
- Contact information for notifications
- Effective date/duration/modification/termination
- Services to be provided by each party
- Liability limitations and disclaimers
References[edit | edit source]
See also[edit | edit source]
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