![]() ![]() If you are intending to tie up with any entity to do business, then it is advisable to draft a Memorandum Of Understanding (MOU) that shall cover all the promises that parties have agreed upon. NOW WHEREAS, the effective date of this MOU is the date of the signature last affixed by the parties. In the absence of mutual consent by the authorized representatives, this MOU shall end on the date of partnership. Duration- This MOU shall become effective upon signature by the authorized representative of the parties and will remain in effect until modified or Terminated by mutual consent. ![]() Responsibilities of agencies-MOU include the responsibilities of the agency for costs and expenses related to the Understanding, also including the wages, salaries, benefits regarding equipment’s belonging to other agencies.Reporting-Specify the record who will evaluate effectiveness and adherence to the agreement.This MOU shall remain in full force and effect, this MOU shall be terminated, without cause, by either party upon required written notice, whereas the notice shall be delivered by hand or by certified mail. ![]()
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