The Deed of Understanding is a crucial document in Indonesian business practice, particularly when parties are establishing new business relationships or exploring potential collaborations. It serves as a formal, notarized instrument that bridges the gap between informal discussions and final binding agreements. This document type is commonly used when parties need to formalize their preliminary understanding while maintaining flexibility for future detailed agreements. The deed must comply with Indonesian legal requirements, including proper notarization and language provisions under Law No. 24 of 2009. It's particularly valuable in complex business arrangements where parties need to demonstrate serious intent while still working out detailed terms, or in situations requiring government approval or registration. The Deed of Understanding typically includes both binding elements (such as confidentiality) and non-binding elements (such as proposed business terms), making it a versatile tool for business relationship development in the Indonesian legal context.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Notarial Introduction: Formal notarial opening stating date, place, and notary details as required by Indonesian law
2. Parties: Identification and details of all parties involved, including their legal authority to enter into the deed
3. Background: Context and circumstances leading to the understanding, including any relevant history of relationships between parties
4. Definitions: Clear definitions of key terms used throughout the document
5. Purpose and Scope: Clear statement of the purpose of the understanding and its intended scope
6. General Principles: Overview of the key principles governing the parties' relationship
7. Duration: Period for which the understanding will remain in effect
8. Non-Binding Provisions: Clear statement of which aspects are not legally binding
9. Binding Provisions: Specification of any provisions that are intended to be legally binding
10. Confidentiality: Obligations regarding confidential information shared during the course of the understanding
11. Governing Law: Specification of Indonesian law as the governing law
12. Language: Statement about the prevailing language version as required by Indonesian law
13. Execution: Formal closing and execution clauses meeting Indonesian notarial requirements
1. Further Agreements: Framework for developing future definitive agreements, used when the deed is intended as a preliminary step to more detailed agreements
2. Costs and Expenses: Allocation of costs related to the deed and any activities under it, included when there are significant costs to be addressed
3. Intellectual Property: Protection of IP rights, included when parties may share or develop intellectual property
4. Non-Competition: Restrictions on competitive activities, included when parties are competitors or in sensitive market positions
5. Dispute Resolution: Process for resolving disputes, included when parties want to specify alternative dispute resolution methods
6. Representatives: Designation of key contact persons, included for complex arrangements requiring ongoing coordination
7. Publicity: Rules about public announcements, included when public disclosure is a concern
8. Force Majeure: Provisions for unforeseen circumstances, included when long-term cooperation is contemplated
1. Schedule 1 - Contact Details: List of key contacts and their details for each party
2. Schedule 2 - Initial Action Plan: Preliminary timeline or steps for implementing the understanding
3. Schedule 3 - Confidential Information: Specific definition or categories of confidential information
4. Appendix A - Supporting Documents: Copies of relevant certificates, licenses, or other supporting documentation
5. Appendix B - Corporate Approvals: Copies of relevant corporate authorizations and approvals
Find the exact document you need
Mou Memorandum Of Understanding
An Indonesian-law governed preliminary agreement documenting mutual understanding between parties, serving as a framework for future cooperation.
Download
Mou Agreement For Sale Of Property
An Indonesian law-governed preliminary agreement outlining terms and conditions for a property sale transaction, serving as groundwork for the final sale agreement.
Download
Agreement Of Understanding
A preliminary framework agreement under Indonesian law establishing the foundation for cooperation between parties, outlining intentions and basic principles of collaboration.
Download
Mou Profit Sharing Agreement
An Indonesian law-governed agreement establishing the framework for profit-sharing arrangements between multiple parties, including calculation methods and distribution mechanisms.
Download
Mou For Use Of Property
An Indonesian law-compliant agreement outlining terms and conditions for property use, establishing rights and responsibilities between property owner and user.
Download
Mou Moa
An Indonesian law-governed preliminary agreement establishing framework terms for business cooperation between parties.
Download
Memorandum Of Understanding Between Partners
A partnership framework agreement governed by Indonesian law, establishing preliminary terms and conditions for collaboration between partners.
Download
Mou Funding
An Indonesian law-governed MoU outlining preliminary terms and conditions for proposed funding arrangements between parties.
Download
Memorandum Of Understanding (Real Estate)
An Indonesian law-governed preliminary agreement outlining key terms and conditions for proposed real estate transactions, setting the framework for future property deal negotiations.
Download
Mou For Project Funding
An Indonesian law-governed preliminary agreement outlining project funding arrangements between parties, establishing key terms and conditions for funding disbursement and project implementation.
Download
Deed Of Understanding
An Indonesian notarized document establishing a framework for cooperation between parties, compliant with Indonesian Civil Code and notarial requirements.
Download
Memorandum Of Understanding For Purchase Of Property
An Indonesian law-governed preliminary agreement outlining key terms and conditions for a proposed property purchase, serving as a framework for future definitive agreements.
Download
Mou Partnership Agreement
An Indonesian law-governed preliminary agreement outlining partnership intentions and cooperation framework between parties.
Download
Memorandum Of Understanding Investment
An Indonesian law-governed preliminary agreement outlining proposed investment terms and conditions for transactions in Indonesia.
Download
Mou And Contract
An Indonesian law-governed document combining an MOU and Contract to establish both preliminary understanding and binding obligations between parties.
Download
Memorandum Of Understanding For Sponsorship
An Indonesian law-governed document establishing the framework for sponsorship arrangements between parties, outlining key terms and conditions.
Download
Memorandum Of Agreement For Research Collaboration
An Indonesian law-governed agreement establishing terms and conditions for research collaboration between multiple parties, ensuring compliant and protected joint research activities.
Download
Collaboration Mou
An Indonesian-law governed framework document outlining intended collaboration between parties, setting preliminary terms for future cooperation.
Download
Mou Sponsorship Event
An Indonesian law-governed MoU establishing terms and conditions for event sponsorship arrangements between organizers and sponsors.
Download
Mou Financial Arrangement
A preliminary agreement framework for financial arrangements between parties under Indonesian law, outlining key terms for financial cooperation and regulatory compliance.
Download
Memorandum Of Understanding Collaboration
An Indonesian law-compliant framework agreement establishing principles and terms for collaboration between parties, typically used as a preliminary step before detailed binding agreements.
Download
Memorandum Agreement Between Two Parties
An Indonesian law-governed agreement establishing the framework for cooperation between two parties, outlining key terms and conditions of their business relationship.
Download
Mou Investment Agreement
An Indonesian law-governed preliminary agreement outlining proposed investment terms and conditions, serving as a framework for subsequent definitive investment documentation.
Download
Mou For Business Takeover
An Indonesian law-governed preliminary agreement outlining key terms and conditions for a proposed business takeover, serving as a framework for subsequent definitive agreements.
Download
Mou Commission Agreement
An Indonesian law-governed MoU establishing preliminary terms for commission-based business relationships between companies and their representatives.
Download
Memorandum Of Intention
An Indonesian law-governed preliminary agreement outlining parties' intentions for potential business cooperation, serving as a framework for future negotiations.
Download
Memorandum Of Agreement Contract
An Indonesian law-governed cooperation agreement establishing formal partnership terms, requiring bilingual preparation in Indonesian and English.
Download
Addendum Mou
An Indonesian law-governed document that formally modifies an existing Memorandum of Understanding while maintaining other original terms.
Download
Mou For Purchase Of Goods
An Indonesian law-governed preliminary agreement outlining intended terms for goods purchase, serving as a framework for negotiating a definitive agreement.
Download
Mou Between Government And Company
An Indonesian law-governed preliminary agreement establishing cooperation framework between government entities and private companies.
Download
Mou Supply Agreement
An Indonesian law-governed preliminary agreement establishing the framework for supply relationships between parties, outlining basic terms and conditions for goods or services supply.
Download
Memorandum Of Partnership
An Indonesian law-governed agreement establishing partnership terms between multiple parties, outlining rights, responsibilities, and operational framework.
Download
Mutual Understanding Agreement For Property
An Indonesian law-governed agreement establishing mutual understanding between parties regarding property rights, usage, and obligations.
Download
Memorandum Of Understanding For Property
An Indonesian law-governed preliminary agreement outlining intended property transaction terms and conditions between parties, setting the framework for future formal agreements.
Download
Memorandum Of Understanding Between Supplier And Buyer
An Indonesian law-governed MoU establishing preliminary terms between supplier and buyer, outlining basic commercial arrangements and responsibilities.
Download
Memorandum Of Understanding For Investment In Business
An Indonesian law-governed preliminary agreement outlining proposed investment terms and conditions for business investments, serving as a framework for negotiation and due diligence.
Download
Memorandum Of Understanding For Supply Of Goods
An Indonesian law-governed preliminary agreement outlining the framework for supply of goods between parties.
Download
Memorandum Of Agreement For Land Sale
An Indonesian law-governed agreement documenting terms and conditions for land sale transactions, serving as a preliminary agreement before the final deed of sale.
Download
Memorandum Of Understanding For Rental Agreement
An Indonesian law-governed preliminary agreement outlining proposed terms for a rental arrangement, serving as a precursor to a formal rental agreement.
Download
Memorandum Of Understanding For Loan Agreement
An Indonesian law-governed preliminary agreement outlining proposed terms for a loan arrangement, serving as a framework for a subsequent formal loan agreement.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)