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Memorandum of Intent Template

Memorandum of intent template on ContractMaker gives you a structured written record of what two parties have agreed to pursue, ready to download in about 90 seconds.

Add the parties, describe the intent, capture the key terms, and set a governing-law clause. The generator handles the formatting so the document looks clean and professional.

Use it to confirm the shape of a deal before a full contract is drafted.

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Memorandum Of Intent Template

1. Confidentiality / Non-Disclosure Obligation

CONFIDENTIALITY (a) Definition. "Confidential Information" means all non-public information disclosed by one party ("Discloser") to the other ("Recipient") in connection with this Agreement that is designated as confidential at the time of disclosure, or that a reasonable person would understand to be confidential given the nature of the information and circumstances of disclosure. Without limiting the foregoing, Confidential Information includes: business plans, financial data, pricing, fee structures, customer and prospect lists, proprietary methodologies, software, technical specifications, and personnel information. (b) Exclusions. Confidential Information does not include information that: (i) is or becomes publicly available through no fault of Recipient; (ii) Recipient already knew before receiving it from Discloser, as shown by written records; (iii) Recipient independently develops without use of or reference to the Confidential Information; or (iv) Recipient rightfully receives from a third party without restriction. (c) Obligations. Recipient will: (i) use Discloser's Confidential Information solely to perform or receive the Services under this Agreement; (ii) disclose it only to its employees, contractors, and advisors who have a need to know and who are bound by confidentiality obligations no less protective than this clause; and (iii) protect it with at least the same degree of care it uses for its own confidential information of similar sensitivity, but in no event less than reasonable care. (d) Compelled Disclosure. Recipient may disclose Confidential Information if required by law, court order, or regulatory authority, provided that Recipient: (i) gives Discloser prompt prior written notice to the extent legally permitted; (ii) cooperates with Discloser in seeking a protective order or other appropriate relief; and (iii) discloses only what is legally required. (e) Trade Secrets. Obligations with respect to information that constitutes a trade secret under applicable law (including the Defend Trade Secrets Act, 18 U.S.C. § 1836) will continue for as long as such information remains a trade secret, notwithstanding any shorter survival period stated below. (f) Subcontractors. may share 's Confidential Information with approved subcontractors solely to the extent necessary for them to perform work under this Agreement, provided each subcontractor is bound by written confidentiality obligations at least as protective as this clause. (g) Return or Destruction. Upon termination or expiration of this Agreement, or upon Discloser's written request, Recipient will promptly return or securely destroy all of Discloser's Confidential Information (including copies) and certify such return or destruction in writing, except as required by law or for legal-hold purposes. (h) Survival. This Section survives termination or expiration of this Agreement for a period of 3 years, except as provided in Section (e).

2. Governing Law, Jurisdiction & Venue

GOVERNING LAW; JURISDICTION; VENUE (a) Governing Law. This Agreement and any dispute arising out of or related to it — including its formation, interpretation, performance, breach, or termination — will be governed by and construed in accordance with the laws of the State of , without regard to its conflict-of-law provisions. (b) Consent to Jurisdiction. Each party irrevocably submits to the exclusive personal jurisdiction of the state and federal courts located in County, for any action or proceeding arising out of or relating to this Agreement that is not subject to arbitration under the Dispute Resolution clause (if any). (c) Venue. Each party waives any objection to the laying of venue in the courts identified in Section (b), and waives any claim that such courts are an inconvenient forum. (d) Service of Process. Service of process in any such action may be made by any method authorized by the applicable court rules or by mailing a copy of the summons and complaint by registered or certified mail, return receipt requested, to the party's address set forth in this Agreement. (e) Prevailing Party. In any dispute arising under this Agreement, the prevailing party is entitled to recover its reasonable attorneys' fees and costs from the non-prevailing party, unless the parties have agreed to a different allocation in the Dispute Resolution clause.

3. Assignment

3.1 General Restriction. Neither Party may assign, delegate, or transfer any of its rights or obligations under this Agreement, in whole or in part, without the other Party's prior written consent, which will not be unreasonably withheld or delayed. 3.2 M&A Exception. Notwithstanding Section 3.1, either Party may assign this Agreement without consent in connection with a merger, acquisition, change of control, or sale of all or substantially all of the assets to which this Agreement relates, provided that: (a) the assignee assumes all obligations of the assigning Party under this Agreement; and (b) the assigning Party provides the other Party written notice within thirty (30) days of the assignment. 3.3 Void Assignment. Any purported assignment in violation of this Section is void. 3.4 Binding Effect. This Agreement is binding upon and inures to the benefit of the Parties and their permitted successors and assigns.

4. Notices

4.1 Form. All notices, requests, demands, consents, and other communications required or permitted under this Agreement ("Notices") must be in writing. 4.2 Delivery Methods. Notices may be delivered by: (a) personal delivery; (b) nationally recognized overnight courier (e.g., FedEx, UPS); (c) certified or registered mail, return receipt requested, postage prepaid; or (d) email to the address specified below, provided that the sender retains proof of transmission and does not receive an automated bounce or delivery-failure notification within twenty-four (24) hours. 4.3 Effectiveness. Notices are effective: (a) upon personal delivery; (b) one (1) business day after deposit with overnight courier; (c) three (3) business days after deposit in the mail; or (d) on the day of email transmission if sent by 5:00 PM recipient's local time on a business day, or on the next business day if sent after 5:00 PM or on a non-business day. 4.4 Addresses. To Provider: , , Email: To Customer: , , Email: Either Party may change its notice address by providing written notice to the other in accordance with this Section.

5. Entire Agreement (Integration)

5.1 Integration. This Agreement, together with all SOWs, Change Orders, and exhibits executed hereunder, constitutes the entire agreement between the Parties with respect to its subject matter and supersedes all prior and contemporaneous agreements, negotiations, representations, warranties, and understandings, whether written or oral, relating to the same subject matter. 5.2 No Oral Modifications. No oral statement, prior course of dealing, trade usage, or conduct will be used to supplement, interpret, or contradict the written terms of this Agreement. 5.3 Purchase Orders. Any terms set forth in Customer's purchase orders, vendor registration forms, or similar documents are of no force or effect and do not modify this Agreement unless expressly incorporated into a signed SOW or Change Order. 5.4 Results Representations. Customer acknowledges that no employee, agent, or representative of Provider has authority to guarantee specific results or outcomes, and that any such representation made outside this Agreement is not binding on Provider.

6. Severability

If any provision of this Agreement is held by a court of competent jurisdiction to be invalid, illegal, or unenforceable under applicable law, that provision will be: (a) modified to the minimum extent necessary to make it valid, legal, and enforceable while preserving the Parties' original intent; or (b) if modification is not possible, severed from this Agreement. The validity, legality, and enforceability of the remaining provisions will not in any way be affected or impaired. The Parties agree to negotiate in good faith a replacement provision that, to the greatest extent possible, achieves the intended commercial purpose of the severed provision.

7. Electronic Signature & Counterparts

7.1 Electronic Signatures. This Agreement and any SOW or amendment may be signed by electronic signature, including signatures created through or any other electronic signature service compliant with the Electronic Signatures in Global and National Commerce Act (E-SIGN Act), 15 U.S.C. § 7001 et seq., and the Uniform Electronic Transactions Act (UETA) as enacted in the applicable jurisdiction. Electronic signatures have the same legal effect as original handwritten signatures. 7.2 Counterparts. This Agreement may be executed in one or more counterparts, each of which will be deemed an original, and all of which together will constitute one and the same instrument. Delivery of an executed counterpart by electronic transmission (including PDF or electronic signature platform delivery) is equally effective as delivery of a manually executed counterpart.

8. Non-Binding Declaration (MOU/LOI)

NON-BINDING DECLARATION This Memorandum of Understanding is a non-binding expression of intent only and does not create any legally enforceable obligation or liability on either Party, except as expressly set forth in Sections . Neither Party may rely on any provision of this Memorandum of Understanding as a binding commitment or contractual obligation. The Parties acknowledge that they do not intend to be legally bound unless and until they execute a definitive written agreement incorporating the terms outlined herein. No Party will have any claim for breach of contract, promissory estoppel, detrimental reliance, or similar cause of action arising from this Memorandum of Understanding or the failure to execute a definitive agreement, except for claims arising under the expressly binding provisions identified above.

9. Business Terms Summary (MOU/LOI)

BUSINESS TERMS The Parties intend to negotiate a definitive agreement incorporating the following business terms: NON-BINDING NATURE: These terms are illustrative only and subject to modification during negotiations. Neither Party may rely on these terms as binding commitments. The Parties acknowledge that additional terms, conditions, representations, warranties, and indemnities will be negotiated and included in the definitive agreement.

10. Expenses (MOU/LOI Binding)

EXPENSES (BINDING) This Section is binding and enforceable notwithstanding the non-binding nature of other provisions of this Letter of Intent. Each Party will bear its own expenses incurred in connection with the negotiation, preparation, due diligence, and execution of this Letter of Intent and any definitive agreement, including without limitation fees and expenses of legal counsel, accountants, financial advisors, investment bankers, consultants, and other professional advisors, regardless of whether the transaction is consummated.

11. Conditions Precedent (MOU/LOI)

CONDITIONS PRECEDENT The Parties' intent to proceed to a definitive agreement is expressly conditioned upon the satisfaction or waiver of the following conditions precedent on or before : WAIVER: A Party entitled to the benefit of a condition may waive such condition in writing at any time. Waiver of a condition does not waive any other condition. TERMINATION FOR UNSATISFIED CONDITIONS: If any condition is not satisfied or waived by the specified deadline, either Party may terminate this MOU upon written notice to the other Party, and neither Party will have any liability to the other arising from such termination, except for obligations under any binding provisions (e.g., Confidentiality, Exclusivity, Expenses). NO GUARANTEE: The inclusion of conditions precedent does not obligate either Party to cause such conditions to be satisfied. Each Party retains the right to decline to proceed with the transaction if, in its sole discretion, it determines that any condition cannot be satisfied on acceptable terms.

ContractMaker is a document tool, not legal advice. Review every document, and consult a qualified lawyer for important or high-value agreements. See our Terms.

Useful Before a Full Contract Is Ready, for Consultants and Joint-Venture Partners

Consultants entering a joint venture, agencies pitching a long-term arrangement, and contractors starting a formal procurement process all need the same thing: a written record of shared direction before the lawyers begin drafting. A memorandum of intent captures the purpose, the parties, and the core terms so no one is working from memory.

ContractMaker formats that record into a professional document with your parties' names, the effective date, the stated purpose, and the governing-law clause. Fill the fields, download, share, and sign while the details are still fresh.

What Your Memorandum of Intent Covers

The generator collects the details that give an intent document real substance.

  • Party A and Party B names, roles, and contact information
  • Effective date of the memorandum
  • Statement of purpose: what the parties intend to do together
  • Key agreed terms: scope, fees, timeline, or other material points
  • Confidentiality acknowledgment if sensitive information will be shared
  • Governing law and jurisdiction
  • Signature lines for both parties

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Frequently asked questions

Is a memorandum of intent template legally binding?

It depends on the language used. A memorandum of intent can be binding on specific clauses, such as confidentiality or exclusivity, while leaving other terms non-binding until a final contract is signed. ContractMaker is a document tool, not legal advice. For high-stakes arrangements, have a lawyer review the document before both parties sign.

What is the difference between a memorandum of intent and a letter of intent?

The two terms are used interchangeably in most contexts. Both record a shared intention to proceed and outline key terms before a formal agreement is finalized. The name on the document matters less than the clarity of the terms inside it.

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ContractMaker is a document tool, not legal advice. The base templates are vetted and openly licensed, but for high-stakes or unusual situations you should have a lawyer review your final document.

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Can I edit the wording?

You control every field, so the scope, payment terms, and clauses always match how you work.