Mou Between Two Companies Template for Ireland

1. Exclusivity: Used when parties want to agree not to negotiate with other parties during a specified period

2. Resource Commitment: Include when parties need to specify preliminary resource allocations or commitments

3. Intellectual Property: Required when the collaboration involves sharing or creating intellectual property

4. Costs and Expenses: Include when there are specific arrangements about who bears the costs of the preliminary work

5. Governing Law: Optional in MOUs but recommended for international relationships to specify applicable law

6. Dispute Resolution: Include when parties want to specify how disagreements will be handled

7. Press Releases and Announcements: Include when public communications about the relationship need to be controlled

8. Assignment: Used when there's a need to restrict or permit the transfer of rights under the MOU

1. Project Timeline: Preliminary schedule of key milestones and deadlines

2. Initial Business Plan: High-level overview of the proposed business collaboration

3. Contact Details: List of key personnel and their contact information from both organizations

4. Required Approvals: List of necessary internal or external approvals needed to proceed

5. Resource Schedule: Preliminary outline of resources each party may contribute

6. Due Diligence Checklist: List of items to be reviewed during the due diligence process