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1. Date and Parties: Full legal names and addresses of both institutions, including authorized representatives
2. Purpose Statement: Clear statement of intent and the general purpose of the proposed collaboration or arrangement
3. Background: Brief context about both institutions and why they are considering collaboration
4. Scope of Proposed Collaboration: Overview of the main areas of intended cooperation or activities
5. Key Terms: Outline of fundamental terms and conditions being considered for the final agreement
6. Timeline: Proposed schedule for negotiation, due diligence, and execution of final agreement
7. Non-Binding Nature: Clear statement that the LOI is non-binding except for specific clauses
8. Confidentiality: Terms regarding the confidential treatment of shared information
9. Exclusivity Period: If applicable, period during which parties agree not to negotiate with others
10. Signature Block: Space for authorized signatories from both institutions
1. Resource Commitment: Preliminary indication of resources each party may contribute - used when initial resource planning is crucial
2. Governing Law: Specification of applicable law - included when parties are from different jurisdictions
3. Term and Termination: Duration of the LOI and termination provisions - used for longer negotiation periods
4. Cost Allocation: Preliminary agreement on how costs will be shared - included when significant pre-agreement expenses are expected
5. Public Announcements: Guidelines for public communications - important for high-profile collaborations
6. Intellectual Property: Basic principles for IP handling - relevant when research or creative work is involved
7. Due Diligence Process: Overview of evaluation process - included for complex collaborations requiring detailed assessment
1. Proposed Timeline Schedule: Detailed timeline of key milestones and deadlines for reaching final agreement
2. Initial Scope Description: More detailed outline of proposed activities or areas of collaboration
3. Key Stakeholders: List of key personnel and their roles in the proposed collaboration
4. Resource Summary: Preliminary list of resources, facilities, or assets relevant to the collaboration
Affiliated Institution
Background IP
Business Day
Collaboration
Commencement Date
Confidential Information
Due Diligence Period
Effective Date
Exclusivity Period
Force Majeure Event
Intellectual Property Rights
Letter of Intent
Memorandum of Understanding
Negotiation Period
Partner Institution
Permitted Purpose
Principal Institution
Project
Proposed Agreement
Representatives
Research Activities
Research Outputs
Signing Date
Strategic Partnership
Term
Territory
Background
Purpose
Scope of Collaboration
Non-Binding Nature
Confidentiality
Exclusivity
Due Diligence
Good Faith Negotiations
Term and Termination
Costs and Expenses
Intellectual Property
Public Announcements
Governing Law
Data Protection
Representatives
Timeline
Resource Allocation
Regulatory Compliance
Academic Standards
Communication Protocol
Dispute Resolution
Force Majeure
Notices
Entire Understanding
Authority to Execute
Higher Education
Research and Development
International Education
Professional Development
Educational Technology
Academic Publishing
Scientific Research
Knowledge Transfer
Innovation and Entrepreneurship
Legal
International Relations
Academic Affairs
Research Office
Executive Leadership
Business Development
Compliance and Risk
Strategic Planning
Partnership Development
Academic Administration
Vice Chancellor
Dean
Head of School
Director of International Relations
Legal Counsel
Research Director
Partnership Manager
Academic Registrar
Chief Operating Officer
Strategic Planning Director
Compliance Officer
Department Head
Program Coordinator
International Development Manager
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