Memorandum Contract Template for England and Wales

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Memorandum Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Memorandum Contract

"I need a Memorandum Contract to establish a joint development agreement with a tech partner for creating a new software platform, including IP rights allocation and revenue sharing arrangements, starting from March 2025."

Document background
The Memorandum Contract is commonly used when parties need to formalize their business relationship while ensuring legal enforceability under English and Welsh law. It provides a comprehensive framework for documenting agreements, incorporating essential elements such as party details, obligations, terms, and conditions. This type of contract is particularly valuable when parties need to establish clear parameters for their relationship, whether for commercial transactions, service provisions, or collaborative ventures. The document typically includes detailed sections covering operational aspects, risk allocation, and dispute resolution mechanisms.
Suggested Sections

1. Parties: Identification and details of all parties to the memorandum

2. Background: Context and purpose of the memorandum

3. Definitions: Key terms used throughout the document

4. Operative Provisions: Main obligations and rights of the parties

5. Duration: Term of the memorandum and renewal provisions

6. Governing Law: Specification of English and Welsh law as governing law

Optional Sections

1. Confidentiality: Provisions for protecting sensitive information shared between parties

2. Intellectual Property: Provisions governing the rights and ownership of intellectual property

3. Data Protection: Provisions ensuring compliance with data protection laws when personal data is processed

4. Force Majeure: Provisions dealing with unforeseen circumstances that may affect performance of obligations

Suggested Schedules

1. Schedule 1: Services: Detailed description of services or obligations to be performed

2. Schedule 2: Commercial Terms: Detailed pricing, payment terms, and commercial arrangements

3. Schedule 3: Contact Details: List of key contacts and notice provisions for all parties

4. Appendix A: Form Documents: Template documents and forms referenced in the memorandum

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Clauses
Relevant Industries
Relevant Teams
Relevant Roles
Industries

Law of Property Act 1925: Fundamental legislation governing property law in England and Wales, essential for any contracts involving real estate or property rights

Contracts (Rights of Third Parties) Act 1999: Legislation that reforms the doctrine of privity of contract, allowing third parties to enforce terms of contracts in certain circumstances

Unfair Contract Terms Act 1977: Controls the use of exclusion and limitation clauses in contracts, setting boundaries for what terms can be considered fair and enforceable

Consumer Rights Act 2015: Primary consumer protection legislation that applies when one party is acting as a consumer, ensuring fairness and transparency

Misrepresentation Act 1967: Governs false statements made during contract formation, providing remedies for various types of misrepresentation

Common Law - Offer and Acceptance: Fundamental principle requiring a clear offer and unequivocal acceptance to form a valid contract

Common Law - Consideration: Legal requirement that something of value must be exchanged between parties for a contract to be binding

Common Law - Intention to Create Legal Relations: Principle requiring parties to intend their agreement to be legally binding

Common Law - Capacity to Contract: Legal principle ensuring all parties have the legal capacity to enter into a contract

Common Law - Certainty of Terms: Requirement that contract terms must be sufficiently clear and certain to be enforceable

Electronic Communications Act 2000: Legislation governing electronic signatures and electronic communications in contractual arrangements

Data Protection Act 2018: UK's implementation of data protection requirements, including UK GDPR, relevant when contracts involve personal data processing

Statute of Frauds 1677: Historic legislation requiring certain types of contracts to be in writing, particularly relevant for property transactions

Companies Act 2006: Primary legislation governing company law, relevant when contracts involve corporate entities

Financial Services and Markets Act 2000: Regulatory framework for financial services, essential if the contract involves regulated financial activities

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Mou Sales Agreement

find out more

Mou Investment Agreement

find out more

Mou For Investment Partnership

find out more

Mou For Business Takeover

find out more

Mou Distribution Agreement

find out more

Mou Commission Agreement

find out more

Mou Agreement For Land Purchase

find out more

Memorandum Of Understanding Share Purchase

find out more

Memorandum Of Understanding Between Two Parties

find out more

Memorandum Of Intention

find out more

Memorandum Of Agreement Contract

find out more

Mou Between Two Organisations

A non-binding framework document under English and Welsh law that outlines collaborative arrangements between two organizations.

find out more

Mou Distributorship Agreement

A preliminary agreement under English and Welsh law setting out the basic terms between a supplier and distributor for future distribution arrangements.

find out more

Mou Between Two Construction Companies

A non-binding agreement outlining collaboration between two construction companies, governed by English law.

find out more

Memorandum Of Understanding Non Profit

A non-binding agreement outlining cooperation between non-profit organizations under England and Wales law.

find out more

Mou Consultancy Agreement

An English law MOU establishing terms for consultancy services, combining the flexibility of an MOU with key consultancy provisions.

find out more

Mou For Real Estate Broker

A non-binding document used in England and Wales that outlines the preliminary terms between a real estate broker and their client.

find out more

Mou Between Builder And Purchaser

A non-binding agreement under English and Welsh law that outlines the preliminary understanding between a builder and purchaser regarding a construction project.

find out more

Memorandum Of Understanding In Construction Contracts

A preliminary agreement document under English and Welsh law that outlines the framework and basic terms for construction projects between parties.

find out more

Mou Lease Agreement

A preliminary agreement outlining proposed lease terms and conditions under English and Welsh law, serving as a framework for a formal lease agreement.

find out more

Mou Between Company Directors

A formal agreement under English and Welsh law establishing the framework for cooperation and responsibilities between company directors.

find out more

Mou For Sale Of Business

A preliminary agreement under English and Welsh law outlining proposed terms for a business sale transaction.

find out more

Mou For Property Sharing

A non-binding agreement under English and Welsh law that establishes terms for shared property ownership and management between multiple parties.

find out more

Mou Between Government And Company

A framework document under English law outlining cooperation between government and private sector entities.

find out more

Memorandum Of Understanding Financial Services

A non-binding agreement outlining financial services cooperation under English and Welsh law, establishing framework for collaboration while ensuring regulatory compliance.

find out more

Government Memorandum Of Understanding

A formal framework document for inter-governmental cooperation under England and Wales law, establishing shared understanding and objectives between public sector bodies.

find out more

Mou Between Employee And Employer

An MOU establishing mutual understanding between employer and employee under English and Welsh law, outlining key employment terms and expectations.

find out more

Mutual Understanding Agreement For Property

A legal agreement under English and Welsh law documenting mutual understanding between parties regarding property-related matters and responsibilities.

find out more

Memorandum Of Understanding For Consultancy Services

A preliminary agreement under English and Welsh law outlining the framework for consultancy services between parties.

find out more

Memorandum Of Understanding For Profit Sharing

An English law preliminary agreement outlining profit-sharing arrangements between multiple parties.

find out more

Memorandum Of Understanding For Company Takeover

A preliminary agreement under English and Welsh law outlining the proposed terms for a company acquisition.

find out more

Memorandum Of Understanding Real Estate Development

A non-binding agreement under English and Welsh law that outlines the preliminary terms and understanding between parties in a real estate development project.

find out more

Memorandum Of Understanding For Property

A preliminary document under English and Welsh law that outlines intended agreements between parties regarding property transactions.

find out more

Strategic Partnership Mou

A non-binding document under English and Welsh law that outlines the framework for strategic collaboration between parties.

find out more

Mou For Partnership

A preliminary agreement outlining intended partnership arrangements between parties under English and Welsh law.

find out more

Memorandum Of Understanding For Investment In Business

A preliminary agreement under English and Welsh law outlining the key terms of a proposed business investment transaction.

find out more

Mou For Joint Development Of Property

A preliminary agreement under English and Welsh law outlining the framework for cooperation between parties in property development projects.

find out more

Memorandum Of Understanding For Supply Of Goods

A preliminary framework document outlining intended terms for supply of goods under English and Welsh law.

find out more

Memorandum Of Agreement For Land Sale

A legal agreement under English and Welsh law documenting the terms and conditions for the sale of land or property between parties.

find out more

Memorandum Of Understanding Software Development Partnership

A preliminary agreement under English and Welsh law outlining the framework for cooperation between parties in software development projects.

find out more

Memorandum Of Understanding For Rental Agreement

A preliminary document under English and Welsh law outlining proposed terms for a future rental agreement.

find out more

Memorandum Contract

A legally binding agreement under English and Welsh law that documents mutual understanding and obligations between parties.

find out more

Mou Trade Agreement

A preliminary trade framework document governed by English and Welsh law that outlines intended trading relationships and cooperation principles between parties.

find out more

Memorandum Of Understanding For Loan Agreement

A preliminary document under English and Welsh law that outlines the proposed terms and conditions of a loan arrangement before the formal agreement.

find out more

Memorandum Of Agreement Between Three Parties

A legally binding agreement under English and Welsh law that establishes terms and conditions between three parties, defining their respective roles and obligations.

find out more

Memorandum Of Agreement And Memorandum Of Understanding

A combined MOA and MOU document under English and Welsh law, establishing both binding commitments and non-binding intentions between parties.

find out more

Multilateral Memorandum Of Understanding

A non-binding agreement between multiple parties under English and Welsh law, outlining terms of cooperation and shared objectives.

find out more

Memorandum Of Understanding Shareholders Agreement

A non-binding framework document under English and Welsh law that outlines proposed terms for a formal shareholders agreement.

find out more

Employment Memorandum Of Understanding

A preliminary employment agreement under English and Welsh law that outlines key terms and conditions between employer and employee.

find out more

Addendum To Memorandum Of Understanding

A legal document under English and Welsh law that amends or updates an existing Memorandum of Understanding between parties.

find out more

Mou Strategic Partnership Agreement

A framework document governed by English and Welsh law that establishes the terms and expectations for strategic collaboration between partners.

find out more

Mou For Joint Venture

A preliminary agreement under English and Welsh law outlining the framework for establishing a joint venture between parties.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’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; Genie’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

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.