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(A n Au t on o mou s B od y u n d e r M i ni st r y o f T o u ri s m, G ov e rn m en t o f I nd i a )RAJBAGH, SRINAGAR 190008Destination Based Skill Development Training Programme Entrepreneurship
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A memorandum of understanding (MOU) is a formal agreement between two or more parties that outlines the terms and conditions of their collaboration or partnership.
Parties involved in a partnership, collaboration, or project that requires formal documentation of their agreement are typically required to file an MOU.
To fill out an MOU, parties should outline the objectives, roles, responsibilities, timelines, and any other relevant terms, and all parties must sign the document.
The purpose of an MOU is to establish a clear understanding of the agreement between parties and their commitment to the outlined terms without creating a legally binding contract.
An MOU should include the names of the parties involved, objectives of the collaboration, roles and responsibilities, a timeline, confidentiality clauses, and any financial implications.
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