Document background
The Simple MoU is a versatile document used in the Netherlands when parties wish to formalize their preliminary understanding without creating full legal obligations. It serves as an intermediate step between informal discussions and legally binding contracts, providing a structured yet flexible framework for potential collaboration. This document type is particularly useful in Dutch business practice where parties prefer to establish clear intentions while maintaining flexibility before committing to more detailed agreements. While generally non-binding, the Simple MoU should still be drafted with attention to Dutch legal principles, particularly the concepts of reasonableness and fairness (redelijkheid en billijkheid) found in Dutch contract law. It typically includes basic terms of cooperation, key responsibilities, and general principles of the intended relationship, while avoiding overly complex or detailed obligations.
