INITIAL DRAFT: Memorandum of Understanding (MOU)
Todays Focus: Originating Operational "Tent-Poles" for MOU
- Follow-on secondary word-smithing, addendum's, iterations and/or alterations (Next Meeting)
Some of the questions we should be prepared to address:
- Who is the first party?
- Who is the second party?
- What is the general situation of your arrangement?
- What is the product/service/value the first party will provide?
- What is the compensation/commission/value the first party will provide to the second party?
- What will the second party provide for the compensation/commission/value?
- What services will the first party provide prior to the onset of the arrangement?
- What services will the first party provide during operation of the arrangement?
- What services will the first party provide after conclusion of the arrangement?
- What services will party two provide prior to the onset of the arrangement?
- What services will the second party provide during the operation of the arrangement?
- What services will the second party provide after conclusion of the arrangement?
- When will the arrangement between the parties officially commence? And so many more…
- Timeline, Scope & Sequence of Events
Bring your brain!
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