This Memorandum of Understanding (the “MoU”) is entered into on this _____ day of __________, 20____, by and between:
| Party | Details |
|---|---|
| Investor | |
| Startup |
(Each a “Party” and together the “Parties”)
| Investment Amount | |
|---|---|
| Type of Investment | |
| Equity/Convertible Note (%) | |
| Valuation | |
| Use of Funds |
Except for the sections on Confidentiality and Exclusivity (if any), this MoU is non-binding and does not constitute a legally enforceable obligation on either party.
___________________________
Investor
Date: _____________________
___________________________
Startup (Authorized Signatory)
Date: _____________________