}
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Memorandum of Understanding
Step 2: Discuss and clarify terms
Meet with your partner organisation to discuss expectations and find mutual agreements.
Clarify the following in this discussion :
Who is the first and who is the second party?
What is the purpose of the arrangement?
What is the service/product that the first party will provide?
Is there any financial compensation to be paid by the second party?
When will the collaboration start? When and how will it end?
Etc.
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