Control of Goods Agreement​

This document helps both parties in understanding their obligations and expectations, minimizing potential disputes during the negotiation phase. By clearly outlining the terms discussed, the MoU facilitates smoother transitions to formal contracts and ensures that both parties are aligned in their business objectives and commitments.

Although not legally enforceable, an MoU for Supply of Goods Agreement can demonstrate earnest intent and provide a framework for collaboration, offering both parties a reference point for formal agreements. It often includes confidentiality clauses to protect sensitive information exchanged during the negotiation process, ensuring that commercially valuable details remain secure.