Memorandum of understanding (MoU)
Document overview
- Length:3 pages (582 words)
- Available in:
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About this document
Use this template to create a Memorandum of Understanding between any two parties who have reached a final settlement to compound a criminal offence relating to a road accident caused by rash and negligent act of the accused – one of the parties to the MoU;
The format is fit to be filed before the Court as written agreement reached between the parties; this document as drawn is neutral between the parties;
There are no specific legal provisions that govern a legal document of this nature; you still have the liberty to make alterations and additions that exactly suit your situation or the case.
Who will use this document?
Any two individuals finalizing terms for compounding a criminal offence with the permission of the Court of competent jurisdiction.
Application and features
- Very flexible to suit the requirements of either or both parties;
- Provides a complete framework;
- Protects both sides;
- Very flexible to suit the requirements of either or both parties.
Contents
- Appropriate legal provisions - warranties, exclusions, indemnities, etc.
- Terms of settlement;
- Consequence of settlement;
- Jurisdiction;
- Practical terms that protect parties from future disputes on the claim.
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