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Overview
Establish Common Ground for the Deal
While legally unenforceable, the memorandum of understanding (MOU) plays a crucial role as a preliminary agreement between parties before entering into a formal contract. It gives clients an opportunity to outline the key terms and conditions of a proposed business relationship and start the due diligence and negotiations on the same page. Are your MOUs at their most effective? This legal briefing will help you refine your drafting and review skills that will pave the way for more effective transactions. Register today!
- Outline the overall intent of the transaction and spell out its basic terms.
- Agree on the methods that will be used to determine value and the factors that can skew it.
- Set a timeline for the transaction with a broad-strokes settlement and closing road map.
- Draw the red lines that will force your client to walk away.
- Lay the ground for legal compliance and forecast potential roadblocks.
Abbreviated Agenda
- The Purpose and Scope of the MOU (Memorandum of Understanding)
- Key Parties, Terms, and Conditions
- Client Protections: Confidentiality/NDA, Termination, etc.
- Valuation Procedures and Purchase Price (Consideration)
- Laying the Ground for Legal Compliance (Applicable Laws and Regulations)
- Transaction Road Map: From MOU to Formal Contract
- Settlement Requirements and Procedures
- Possible Stumbling Blocks and Post-Closing Issues
Credit Details
Credits Available
| Credit | Status | Total | Until |
|---|---|---|---|
| Alaska CLE |
|
1.5 Total | 03-28-2027 |
| Alabama CLE |
|
1.5 Total | 12-31-2025 |
| Arkansas CLE |
|
1.5 Total | 06-30-2026 |
| Arizona CLE |
|
1.5 Total | 03-28-2027 |
| California CLE |
|
1.5 Total | 03-28-2027 |
| Colorado CLE |
|
2 Total | 12-31-2027 |
| Connecticut CLE |
|
1.5 Total | 03-28-2027 |
| Delaware CLE |
|
1.5 Total | 03-28-2027 |
| Florida CLE |
|
2 Total | 09-30-2026 |
| Georgia CLE |
|
1.5 Total | 12-31-2025 |
| Hawaii CLE |
|
1.5 Total | 03-28-2027 |
| Iowa CLE |
|
1.5 Total | |
| Idaho CLE |
|
1.5 Total | 03-28-2030 |
| Illinois CLE |
|
1.5 Total | 03-27-2027 |
| Indiana CLE |
|
1.5 Total | 03-28-2026 |
| Kansas CLE |
|
1.5 Total | |
| Louisiana CLE |
|
1.5 Total | 03-28-2026 |
| Maine CLE |
|
1.5 Total | 03-27-2027 |
| Minnesota CLE |
|
1.5 Total | 03-28-2027 |
| Missouri CLE |
|
1.8 Total | 03-28-2028 |
| Northern Mariana Islands CLE |
|
1.5 Total | 03-28-2027 |
| Montana CLE |
|
1.5 Total | 03-28-2028 |
| North Carolina CLE |
|
1.5 Total | 02-28-2026 |
| North Dakota CLE |
|
1.5 Total | 03-28-2028 |
| Nebraska CLE |
|
1.5 Total | 03-28-2027 |
| New Hampshire CLE |
|
1.5 Total | 03-28-2028 |
| New Mexico CLE |
|
1.5 Total | 03-28-2027 |
| Nevada CLE |
|
1.5 Total | 03-28-2028 |
| New York CLE |
|
1.5 Total | 03-28-2028 |
| Ohio CLE |
|
1.5 Total | 12-31-2025 |
| Oklahoma CLE |
|
2 Total | 03-28-2027 |
| Oregon CLE |
|
1.5 Total | 03-28-2028 |
| Pennsylvania CLE |
|
1.5 Total | 03-28-2027 |
| Rhode Island CLE |
|
1.5 Total | 06-30-2026 |
| South Carolina CLE |
|
1.5 Total | 12-31-2025 |
| Tennessee CLE |
|
1.5 Total | 03-27-2027 |
| Texas CLE |
|
1.5 Total | 02-28-2026 |
| Utah CLE |
|
1.5 Total | 12-31-2025 |
| Vermont CLE |
|
1.5 Total | 03-28-2027 |
| Washington CLE |
|
1.5 Total | 03-27-2030 |
| Wisconsin CLE |
|
1.5 Total | 12-31-2026 |
| West Virginia CLE |
|
1.8 Total | 03-28-2027 |
| Wyoming CLE |
|
1.5 Total | 05-29-2026 |
Select Jurisdiction
CLE
Agenda
-
MOU Magic: Transforming Intentions into Ironclad Agreements
- The Purpose and Scope of the MOU (Memorandum of Understanding)
- Key Parties, Terms, and Conditions
- Client Protections: Confidentiality/NDA, Termination, etc.
- Valuation Procedures and Purchase Price (Consideration)
- Laying the Ground for Legal Compliance (Applicable Laws and Regulations)
- Transaction Road Map: From MOU to Formal Contract
- Settlement Requirements and Procedures
- Possible Stumbling Blocks and Post-Closing Issues
Who Should Attend
This legal guide is designed for attorneys. Paralegals will also benefit.
Speakers
Speaker bio
Kevin M. Madden
is the founding member of the Law Offices of Kevin Michael Madden, P.L.L.C., where he practices in the areas of civil trial practice, commercial litigation, business litigation, construction law and employment law. He is admitted to practice in Texas and before the U.S. District Court, Southern and Eastern districts of Texas. Mr. Madden was the articles editor for the Houston Journal of International Law. He was the judicial intern to the Honorable David Hittner, U.S. District Court for the Southern District of Texas. Mr. Madden was a law clerk to the Honorable Joseph James "Tad" Halbach, Jr., 333rd District Court, Harris County, Texas. He is a member of the Houston Bar Association, State Bar of Texas, Texas Young Lawyers Association, Texas Trial Lawyers Association, Association of Trial Lawyers of America and Trial Lawyers for Public Justice. He earned his B.A. degree from the University of Colorado at Boulder, his B.S. degree from the University of Houston and his J.D. degree from the University of Houston Law Center.
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