Binding mou template full#
Binding mou template free#

All such requests for access under this Section shall be delivered via email to an authorized agent or via facsimile to Mix.

Binding mou template full#

Mix shall give Company and its representatives full access to any personnel and all properties, documents, books, records and operations relating to the Assets within a reasonable amount of time from the date of any such request, but in each such case within ten (10) business days from the date of request. The obligations of Company, with respect to the Transaction, shall be subject to the satisfaction of the conditions customary to transactions of this type, including without limitation: (a) confirmation that the representations and warranties of Mix are true and accurate in all respects affecting the transaction and, (b) satisfactory completion of due diligence by Company.Īccess to Relevant Documents and Properties. Within 5 business days of the signing the Definitive Binding Agreement Mix will be issued Two Million Five Hundred Thousand (2,500,000) newly issued shares of common stock in the Company.Ĭonditions to Consummation of the Transaction. The Parties contemplate that the principal terms and conditions of the Transaction shall be as follows:Ĭash: Within 5 business days of signing this Agreement, the Company and Mix will enter into a Definitive Binding Agreement and upon executing such agreement, Mix will receive One Hundred and Twenty thousand dollars ($120,000) USD as a refundable cash deposit towards the purchase of Assets. Company desires to acquire 100% of the Assets that will be owned by Mix and Mix desires to sell those Assets to the Company. The following shall constitute an expression of the mutual intent of the Parties hereto and is contingent upon the successful negotiation, execution, and delivery of definitive agreements between Mix and the Company setting forth in detail the terms and conditions of the proposed transactions and agreements (the ∽efinitive Agreements). The general understating of the terms and conditions of the Transaction are set forth herein. This MOU contemplates the proposed transaction (the Transaction) between the Parties that provides for Company to acquire all of the Assets controlled or yet to be controlled by Mix. Mix desires to sell the Assets, and Company desires to purchase all of the Assets from or controlled by Mix, and acquire full rights to market and sell such Assets and conduct business activities with the Assets. Mix is the owner of the Mix1 Assets (the ∺ssets) described very specifically in Schedule ∺ attached hereto.

This MOU sets forth the general terms and conditions for an Asset Purchase, to which the Company and the Mix have jointly agreed. (Mix and Company may individually referred to hereinafter as Party collectively referred to hereinafter as the Parties). The University does not ordinarily agree to establish 'joint' enterprises, which involve mingled funding, governance, and naming.This Memorandum of Understanding (MOU), dated June 28 th, 2013, is by and between PDK Energy, Inc., a Mississippi Corporation (∼ompany) and Mix1, LLC, an Arizona Limited Liability Company (Mix). Harvard strongly prefers that its work with partner organizations takes the form of collaboration between two independent entities. This approach gives each party maximum flexibility and autonomy without sacrificing the goal of collaboration. Visiting student and scholar programs governed by MOUs give each party – Harvard and the partner – full authority to make its own admissions decisions and obligate neither to accept a fixed number of visiting students or scholars from the other in any given time period.

Binding mou template free#

Harvard strongly supports and encourages the free flow of ideas and people between institutions of learning worldwide. MOUs with international partners always include certain standard clauses, such as a non-discrimination clause. The Vice Provost for International Affairs must sign any MOU with a non-U.S. “Harvard” is a party to an MOU only in the rare circumstances described in the Use of Name policy.

Thus, the Harvard party to an MOU is the individual School, department, center, or other unit that will manage the activity described by the MOU. MOUs follow the University’s Use of Name policy. What guidelines and policies does Harvard follow in signing MOUs?