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Simple Mou

Simple Mou Template for New Zealand

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Key Requirements PROMPT example:

Simple Mou

"I need a Simple MOU to establish a collaboration framework between my software development company and a local university for a joint research project on artificial intelligence, starting from March 2025."

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Document background
The Simple Mou is a versatile document commonly used in New Zealand business and governmental contexts to formalize preliminary understandings between parties. It serves as a stepping stone toward more formal arrangements while providing a clear framework for initial cooperation. This document type is particularly valuable when parties wish to document their intentions and planned collaboration without creating legally binding obligations. The Simple Mou typically includes details about the parties' objectives, scope of cooperation, and key principles, while explicitly maintaining its non-binding nature under New Zealand law. It's commonly used in situations ranging from business partnerships and joint ventures to inter-departmental government cooperation and academic collaborations.
Suggested Sections

1. Parties: Identifies and provides full legal names and details of all parties to the MOU

2. Background: Sets out the context and circumstances leading to the MOU, including the parties' general intentions

3. Definitions: Defines key terms used throughout the document for clarity and consistency

4. Purpose and Scope: Clearly states the objectives of the MOU and its intended scope

5. Non-Binding Nature: Explicit statement that the MOU is not intended to create legally binding obligations

6. Key Principles: Outlines the fundamental principles guiding the relationship or cooperation

7. Duration and Review: Specifies the intended timeframe of the MOU and any review mechanisms

8. Communication: Establishes how parties will communicate and who the key contact persons are

9. Termination: States how parties can end the arrangement

10. Signatures: Space for authorized representatives to sign the MOU

Optional Sections

1. Confidentiality: Include when parties will share sensitive information during their cooperation

2. Resource Commitments: Add when parties need to specify intended resource allocation, while maintaining non-binding nature

3. Intellectual Property: Include when collaboration may involve sharing or creating intellectual property

4. Dispute Resolution Process: Add when parties want to specify a preferred approach to resolving disagreements

5. Public Announcements: Include when there's a need to coordinate public communications about the relationship

6. Regulatory Compliance: Add when the cooperation involves regulated activities or sectors

7. Third Party Involvement: Include when other parties may be involved in the future

Suggested Schedules

1. Contact Details: List of key contacts and their details for each party

2. Proposed Timeline: Indicative timeline for activities or milestones contemplated in the MOU

3. Areas of Cooperation: Detailed list of specific areas or projects for potential collaboration

4. Resource Schedule: Outline of resources each party intends to contribute (if applicable)

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

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant Industries

Technology

Education

Healthcare

Government

Manufacturing

Professional Services

Research and Development

Construction

Agriculture

Financial Services

Retail

Environmental Services

Transport and Logistics

Energy

Telecommunications

Relevant Teams

Legal

Business Development

Operations

Strategy

Commercial

Government Relations

Research and Development

Procurement

Executive Leadership

Project Management

Partnership Management

Academic Affairs

Corporate Development

Relevant Roles

Chief Executive Officer

Managing Director

Business Development Manager

Legal Counsel

Operations Manager

Project Manager

Department Head

Procurement Manager

Partnership Manager

Strategy Director

Research Director

Commercial Manager

Government Relations Manager

Academic Director

Program Coordinator

Industries
Contract and Commercial Law Act 2017: This is the primary legislation governing contract formation and interpretation in New Zealand. While MOUs are typically non-binding, understanding this Act is crucial to ensure the MOU doesn't inadvertently create binding obligations.
Fair Trading Act 1986: This Act prohibits misleading and deceptive conduct in trade. Even for non-binding MOUs, parties must ensure statements and representations made are truthful and not misleading.
Privacy Act 2020: If the MOU involves sharing or handling personal information, this Act must be considered to ensure compliance with New Zealand's privacy principles.
Electronic Transactions Act 2002: Relevant if the MOU will be executed electronically, this Act governs the legal validity of electronic signatures and documents.
Commerce Act 1986: If the MOU relates to business arrangements or cooperation between entities, this Act should be considered to ensure compliance with competition law requirements.
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

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