This Deed or Memorandum of Understanding is between a company and another company
who have decided to co-operate in a new joint venture operation. This deed is like a partnership agreement for both companies as equals, but one that does not seek to create a new entity. This agreement pays special attention to what each company brings to the operation (such as skills, experience, technical methodology, membership or licence, etc) as this is one of the key reasons for the joint operation. A new management board is established and rules for running the operation agreed and certain risks identified and dealt with.
L-3283Memora_0.docDeed or Memorandum of Understanding between a company and another company who have decided to co-operate in a new joint venture operation.
