samningsskrá

A samningsskrá, or memorandum of understanding (MOU) in English, is a document that describes a general agreement between two or more parties. It indicates a common line of action or a convergence of will. MOUs are often used in the early stages of collaboration, before a formal contract is finalized. They are typically less legally binding than contracts, serving as a statement of intent or a framework for future discussions and agreements.

MOUs are frequently employed in international relations, business negotiations, and academic collaborations. They can outline the objectives, scope, and responsibilities of each party involved. While not always legally enforceable in their entirety, certain provisions within an MOU, such as confidentiality clauses or exclusivity agreements, might be considered binding depending on the specific wording and jurisdiction. The purpose of a samningsskrá is to establish a shared understanding and commitment, paving the way for more detailed and formal agreements later on. It acts as a stepping stone to formalize a relationship or project.