Cooperative Agreement Vs Memorandum Of Understanding

Although what the parties call the written document may provide evidence of their intent, it does not determine the nature of the agreement reached by the parties. A Memorandum of Understanding (MOA) or cooperation agreement is a written document between the parties to work together on an agreed project or achieve an agreed goal. The purpose of a MOA is to have a written understanding of the agreement between the parties. The MOA can also be legally valid and make the parties responsible for their commitment, or only a partnership contract. There may be legal differences between soft and MOA, there can be no legal or practical difference if they are written with a similar language. The main thing is whether the parties wanted to be legally bound by the terms of the agreement or contract. .