Talk:Forms

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Letter of Agreement (LOA)

 * 1. A contract in the form of a letter from one person or company to another, both parties must sign for the agreement to become binding.
 * 2. A contract in letter form: a binding contract prepared in the form of a business letter and requiring the signatures of all parties concerned
 * 3. Short, concise form utilized to describe services to be performed. The terms and conditions have generally been previously agreed to through a signed SOW or master agreement. In some situations, the LOA is used in lieu of an statement of work (SOW) or master agreement, or when the terms and conditions are understood due to the nature of the services to be performed.
 * 4.

Letter of Intent (LOI)

 * A letter of intent or LOI is a document outlining an agreement between two or more parties before the agreement is finalized.
 * LOIs resemble written contracts, but are usually not binding upon the parties in their entirety. Many LOIs, however, contain provisions that are binding, such as non-disclosure agreements or covenants to negotiate in good faith. An LOI may also be interpreted as binding the parties if it too closely resembles a formal contract.
 * The purposes of an LOI may be:
 * to clarify the key points of a complex transaction for the convenience of the parties
 * to declare officially that the parties are currently negotiating, as in a merger or joint venture proposal
 * to provide safeguards in case a deal collapses during negotiation
 * An LOI may also be referred to as a memorandum of understanding (MOU), term sheet or discussion sheet.
 * Wikipedia: LOI

Memorandum of Agreement (MOA)

 * 1. A memorandum of agreement (MOA) or cooperative agreement is a document written between parties to cooperatively work together on an agreed upon project or meet an agreed upon objective. The purpose of an MOA is to have a written understanding of the agreement between parties. The MOA can also be a legal document that is binding and hold the parties responsible to their commitment or just a partnership agreement.
 * 2. Wikipedia: MOA

Memorandum of Understanding (MOU)

 * 1. A memorandum of understanding (MOU) is a legal document describing an agreement between parties. It expresses a convergence of will between the parties, indicating an intended common line of action, rather than a legal commitment . It is a more formal alternative to a gentlemen's agreement, but generally lacks the binding power of a contract.
 * 2. In private law, MOU is a common synonym for a letter of intent (LOI). One example is the MOU between Bush and Kerry for the 2004 debates.
 * 3. Wikipedia: MOU

Topics for letters and memoranda

 * Purpose
 * Scope
 * Participants
 * Numbers of animals
 * Types of animals
 * Start and end dates
 * ACT Responsibilities
 * Notifications
 * Client Responsibilities
 * Documentation
 * Funding
 * Costs
 * ACT Billing and Payment
 * Cancellation
 * Disputes
 * Renewal
 * Signature lines