PandaTip: A memorandum of agreement is a kind of cooperative agreement that is intended to document the
understanding of certain parties (two or more) related to their cooperation on a project or in the achievement of an
objective. Unlike a memorandum of understanding, a memorandum of agreement is more likely to impose certain
obligations on the parties.
The purpose of this Memorandum of Agreement is to set forth the terms and
conditions, scope of work and responsibilities of the parties associated with
their collaboration on [DESCRIBE COOPERATIVE PROJECT].
Both parties see the benefits of this project, have a desire to pursue the
project and have determined that each brings unique expertise and
experience necessary to accomplish the objectives outlined above.
PandaTip: This section provides context as to why the parties got together in the first place. What is the value add of each
party? What expertise or experience do they have that benefits the team as a whole?
[PARTY 2] has unique expertise and experience in the following areas:
3. [PARTY 1] RESPONSIBILITIES.
PandaTip: As stated in the first paragraph above, an MOA imposes certain legal obligations. This section makes that
perfectly clear. It is here that you want to state what each partys responsibilities will be in the partnership or cooperation.
6. FUNDING; COSTS.
The parties shall each be solely responsible for any and all costs associated
with their responsibilities under this MOA.
7. EFFECTIVE DATE AND SIGNATURE.
This Memorandum of Agreement shall be effective upon the date of the last
party to sign this MOA below. The parties indicate agreement with this
Memorandum of Agreement by their signatures below.
[PARTY 1]
____________________________ ______________
[PARTY 2]
____________________________ ______________