VENDORS, PARTNERS & FOUNDERS

Collaboration / Joint Venture MoU

Use to record agreed principles before negotiating a detailed joint venture, co-marketing or project agreement. Only the confidentiality, exclusivity, costs and governing-law clauses bind; the commercial terms are a statement of intent.

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2 of 14 required fields filled

12 required fields still empty — shown highlighted in the letter.

First party (your business) *

First party entity type

First party registered address *

First party signatory & designation *

Second party *

Second party entity type

Second party address *

Second party signatory & designation *

Project / collaboration name *

Objective of the collaboration *

What the first party will contribute *

What the second party will contribute *

Proposed revenue / profit split

Exclusivity period (months)

Date by which definitive agreement should be signed *

Place *

Date *

Courts / seat of arbitration (city) *

Laws this relies on

Indian Contract Act, 1872 · Section 10Only promises meant to create legal relations, with consideration and certainty, are enforceable — hence the express binding / non-binding split.
Indian Contract Act, 1872 · Section 29Agreements whose meaning is uncertain are void, so non-binding terms must be finalised in a definitive agreement.
Arbitration and Conciliation Act, 1996 · Section 7Disputes on the binding clauses go to arbitration.

How to execute

Print on non-judicial stamp paper of the value your state requires (or e-stamp), then sign with witnesses.

Print on non-judicial stamp paper or an e-stamp certificate of the value prescribed by the Stamp Act of the state where it is signed — stamp duty varies by state. All signatories should initial every page and sign before two witnesses.

Click anywhere in the letter to edit it. Changes to the form keep flowing in.

This is a general template, not legal advice. Laws, stamp duty and procedures vary by state and change over time — have a qualified advocate review it for your facts before signing or sending.