}
Know How

Memorandum of Understanding

Step 5: Acceptance

  • Discuss with the other party if there are amendments to clauses that a party wants to make, until both parties agree and are willing to sign the MoU.
  • You can include a clause in which you describe how amendments can be made to the MoU in future and who will be responsible for it. This is optional.
  • Let all of the parties review, sign and authorise the MoU.