Vendor and Partner agree to work together to test value and shape the product during the Term using one KPI to measure progress.
Metric. {one metric}. Baseline. {value}. Target. {value}. Check-ins. weekly.
Measurement method. {where the KPI comes from}. Vendor sends a brief KPI snapshot before each working session.
If the KPI target is met by End date, Partner may grant these permissions:
Opt-in to reference rights on success. Yes No
Any change to Scope, KPI, or Term must be agreed by email between Vendor lead and Partner lead.
Term runs from Start date to End date. A decision meeting is held in the final week. Outcomes: Buy. Extend. Stop. Either party may terminate with {7} days’ written notice.
The parties will sign a short mutual NDA and reference it here.
Partner owns its data and brand assets. Vendor owns its product and platform IP.
Total liability is capped at {USD amount}. No indirect or consequential damages.
Notices are sent to the emails below and are effective upon receipt.
This MOU states the parties’ intent. It is not a purchase agreement.