}
Know How

Memorandum of Understanding

Step 2: Discuss and clarify terms

  • Meet with your partner organisation to discuss expectations and find mutual agreements.
  • Clarify the following in this discussion :
    • Who is the first and who is the second party?
    • What is the purpose of the arrangement?
    • What is the service/product that the first party will provide?
    • Is there any financial compensation to be paid by the second party?
    • When will the collaboration start? When and how will it end?
    • Etc.