A Memorandum of Understanding (MOU) is a formal agreement between two or more parties outlining the terms and details of a collaborative effort, relationship, or understanding. MOUs are often used when two organizations or entities wish to work together on a project, event, or initiative without forming a legally binding contract. Instead, MOUs serve as a precursor to a formal contract or as a means of establishing the framework for collaboration.
Please complete this form to develop an MOU for a joint venture between a local HBA component and another company/organization.