Deed Of Understanding Template for Indonesia

1. Further Agreements: Framework for developing future definitive agreements, used when the deed is intended as a preliminary step to more detailed agreements

2. Costs and Expenses: Allocation of costs related to the deed and any activities under it, included when there are significant costs to be addressed

3. Intellectual Property: Protection of IP rights, included when parties may share or develop intellectual property

4. Non-Competition: Restrictions on competitive activities, included when parties are competitors or in sensitive market positions

5. Dispute Resolution: Process for resolving disputes, included when parties want to specify alternative dispute resolution methods

6. Representatives: Designation of key contact persons, included for complex arrangements requiring ongoing coordination

7. Publicity: Rules about public announcements, included when public disclosure is a concern

8. Force Majeure: Provisions for unforeseen circumstances, included when long-term cooperation is contemplated

1. Schedule 1 - Contact Details: List of key contacts and their details for each party

2. Schedule 2 - Initial Action Plan: Preliminary timeline or steps for implementing the understanding

3. Schedule 3 - Confidential Information: Specific definition or categories of confidential information

4. Appendix A - Supporting Documents: Copies of relevant certificates, licenses, or other supporting documentation

5. Appendix B - Corporate Approvals: Copies of relevant corporate authorizations and approvals