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1、MEMORANDUMOFUNDERSTANDINGThisMEMORANDUMOFUNDERSTANDINGismadethe_____dayof______2010byandbetween:(1)[EnterCompany’sName]witharegisteredofficeat(“Company’sshortname”).(2)[EnterCompany’sName]witharegisteredofficeat(“Company’sshortname”).1PURPOSE1.1ThisMemorandumof
2、Understanding(“MOU”)documentstheintentandbasisfortheinitialcollaborationpreparatorytoenteringintoformalwrittenbindingagreementsshouldbothpartiesdecidetodosofollowingcompletionoftheinitialcollaboration.2SCOPEOFCOOPERATION/BUSINESSMODEL2.12.22.33EXPENSES(SUBJECTT
3、OCOMMERCIALARRANGEMENT,NREANDROYALTYMAYAPPLY)3.1Exceptasotherwiseagreedinwritingbytheparties,eachpartyshallpayandassumeentireresponsibilityfortheirrespectivecostsandexpenditureswhatsoeverincurredinconnectionwiththeiractivitiesunderthisMOU.3.2Undernocircumstance
4、sshalleitherPartybeliabletotheotherforanycostsordamagesofanykind,includingwithoutlimitation,incidental,consequential,specialorspeculativedamages,lostofprofitsorlossofbusiness,inconnectionwithnotmovingforwardtoconclusionofbindinglegalagreementsbetweentheParties.
5、4PUBLICITYNeitherpartyshalldisclosetoanythirdpartynorpublishinanymannerortoanyextenttheexistenceof,northeiractivitiesunder,thisMOUwithoutthepriorwrittenagreementoftheotherparty.Neitherpartyshallincorporateormakeuseofanyformoftheotherparty’sidentity,including,bu
6、tnotlimitedto,itsname,logos,insignias,products,brandsandtrademarks,inanyformofpublication,pressrelease,advertisement,publicity,orotherannouncementwithouttheotherparty’spriorwrittenconsent.CONFIDENTIALITYAllinformationdisclosedbyeitherpartyunderorinconnectionwit
7、hthisMOUshallbetreatedbythereceivingpartyasconfidentialandshallbeprotectedassuchunderthetermsandconditionsoftheNonDisclosureAgreemententeredintobetweenthepartiesonM/D,20051INTELLECTUALPROPERTYAllintellectualproperty,includingcopyrights,patents,patentapplication
8、s,trademarksandotherintellectualpropertyshallremainthepropertyoftheoriginatingpartyoritslicensors.Eachpartyshallretainallrights,titleandinterestinitsintellectualpropertyandn