Sample Memorandum of Understanding Template Memorandum of Understanding Between (EUGENIO JEROME ARAGON) and (JOHN MARLON ARAGON) FEBRUARY 22, 2O22 This Memorandum of Understanding sets for the terms and understanding between the partner and the partner to insert activity. Background Collaboration and strategic partnerships are fundamental to improving business outcomes. ... Plus, deepening ties between complementary businesses fosters collaboration and longevity, and allows companies to offer services and solutions that help their customers and other businesses become more successful. Purpose This MOU will 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 formal understanding of the agreement between parties. Reporting Record who will evaluate effectiveness and adherence to the agreement and when evaluation will happen Funding Specify that this MOU is not a commitment of funds Duration This MOU is at-will and may be modified by mutual consent of authorized officials from (JOHN MARLON ARAGON COMPANY NEVER GIVE UP.NET). This MOU shall become effective upon signature by the authorized officials from the list partners and will remain in effect until modified or terminated by any one of the partners by mutual consent. In the absence of mutual agreement by the authorized officials from list partners this MOU shall end on 5 years prior to the day of agreement. Contact Information Partner name: EUGENIO JEROME ARAGON Partner representative: ATTY. JASPER FERRER Position: CO FOUNDER Address: LIOZON PALAUIG ZAMBALES Telephone:09511264999 Fax: 125-132-3227. E-mail: jeromearagon15@email.com Partner name: JOHN MARLON ARAGON Partner representative: ATTY JUANCHO BAUTISTA Position: CO FOUNDER Address: STA. RITA OLANGAPO CITY Telephone: 09831368171 Fax: 555-123-4567. E-mail: johnmarlon69@email.com Date; FEBRUARY 22, 2022 PARTNER FULL NAME: EUGENIO JEROME ARAGON ORGANIZATION: WORKHARD.COM POSITION: CEO Date; FEBRUARY 22, 2022 PARTNER FULL NAME: JOHN MARLON ARAGON ORGANIZATION: NEVERGIVEUP.NET POSITION: CEO