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    4 Replies Latest reply on Aug 1, 2008 4:55 PM by golfheaven

    HELP WITM MOU

    golfheaven Adventurer

      I have had a conversation with the owner of a manufactured product that has interest in me and my sources for company partnership/licensing/franchising and stating that being a privately owned company. That they are very flexible about JV. He said that he would send me a MOU. is a mou same as LOI.

      • A mou/loi should contain what ?????*

      Cooperation,responsibilities, tasks, outcomes, projections

      Any and all advice would be appreciated

      Since it is a negotiation of sorts what % to what injection should I be looking out for and should I involve my lawyer at the begining of negotiations or after prelim agreement is drafted