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1. Parties: Identification and details of the supplier and buyer, including full legal names, registration numbers, and registered addresses
2. Background: Context of the relationship and purpose of the MOU, including the general intent of both parties
3. Definitions: Key terms used throughout the document, ensuring consistent interpretation
4. Purpose and Scope: Detailed description of the intended collaboration and its boundaries
5. Non-Binding Nature: Clear statement about which provisions are non-binding and which (if any) are intended to be legally binding
6. Duration and Termination: Timeline of the MOU, including start date and termination provisions
7. Confidentiality: Obligations regarding the protection and handling of confidential information
8. General Framework of Cooperation: Basic principles governing how the parties will work together
9. Communication: Methods and protocols for communication between parties
10. Costs and Expenses: How costs associated with the cooperation will be handled
11. Governing Law: Specification of German law as the governing law
12. Signatures: Execution section for authorized representatives of both parties
1. Exclusivity: Include when parties wish to establish exclusive dealing arrangements
2. Intellectual Property Rights: Include when the cooperation involves sharing or creating intellectual property
3. Quality Standards: Include when specific quality requirements or standards need to be maintained
4. Volume Commitments: Include when parties wish to indicate expected supply volumes
5. Dispute Resolution: Include when parties want to specify particular dispute resolution mechanisms
6. Insurance Requirements: Include when specific insurance coverage needs to be maintained
7. Compliance with Laws: Include when specific regulatory compliance needs to be highlighted
8. Force Majeure: Include when parties want to address handling of unforeseen circumstances
1. Schedule 1 - Product Specifications: Detailed technical specifications of products or services to be supplied
2. Schedule 2 - Pricing Framework: Indicative pricing structure or methodology
3. Schedule 3 - Contact Details: Key contact persons and their details for both parties
4. Schedule 4 - Timeline and Milestones: Proposed timeline for implementation and key milestones
5. Appendix A - Compliance Requirements: Specific compliance requirements and standards to be followed
6. Appendix B - Form of Future Agreement: Template or key terms for potential future binding agreement
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