Common Agreements
MOU (Memorandum of Understanding)
Is a preliminary agreement to work together. An MOU is not contractually binding.
NDA (Non-Disclosure Agreement)
This is an agreement for protecting intellectual property (Proprietary information). Intellectual property includes software the company has developed. This may also include other items created by the company such as movies, music, and books.
SLA (Service Level Agreement)
An SLA will include performance expectations, measurable goals, guaranteed uptime, fines (monetary penalties)
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