Document background
The MOU License Agreement is a specialized document used in the United Arab Emirates when parties wish to establish a preliminary framework for a licensing arrangement while maintaining flexibility for future detailed negotiations. This hybrid document combines the intentional elements of an MOU with the specific rights and obligations typical of a license agreement. It is particularly useful in situations where parties need to begin implementing certain aspects of a licensing arrangement while continuing to negotiate more detailed terms. The document must comply with UAE federal laws, including intellectual property legislation, commercial transactions law, and where applicable, electronic commerce regulations. The MOU License Agreement typically includes preliminary terms covering license scope, basic commercial terms, confidentiality provisions, and the framework for a more comprehensive future agreement, while remaining enforceable under UAE law.
