SAMPLE MEMORANDUM OF UNDERSTANDING and LETTER OF INTENT

MEMORANDUM OF UNDERSTANDING Between:

_____________________________________________

and _____________________________________________

The Parties to this Memorandum of Understanding (MoU) agree to the following

Article 1 : Purpose and Scope

Article 2 : Conditions and Arrangements

Article 3: Timing

Article 4 : Future cooperation

The present MoU describes the general conditions and arrangements for future cooperation between the parties. It is not legally binding on the parties. The exact terms and conditions of this future cooperation will be negotiated in due course and laid down in a contract, should circumstances permit.

Signature:___________________________

Signature:___________________________

For and on behalf

of:___________________

For and on behalf

of:___________________

Date:_______________________________

Date: ________________________________

LETTER OF INTENT AND CONFIDENTIALITY AGREEMENT

BETWEEN

_________________________________________

AND

__________________________________________

The parties are in the process of negotiating a Joint Venture agreement, whose purpose is ___________________________________________________________ .

Pending the possible signing of a Joint Venture agreement, all parties agree to hold in strict confidence all commercial and trade information exchanged and further, neither party shall act upon such information exchanged to the detriment of the other party, such obligation constituting a separate and distinct right not dependent on the enforceability of this letter of intent. The joint venture agreement shall be signed by ___________, failing which all parties are free to pursue other alternatives as they deem proper without any responsibility to the other party.

Signed in __________________ [Town, Country] on______________ [Date]. Name: Name: Company: Company: Signature: Signature:

Please note: These samples have been selected for illustrative purposes only. Cueto Law Group, P.L. shall not be liable for their contents or use.