Document background
The MoU and Contract combination is a widely used approach in Dutch commercial practice for establishing complex business relationships that require a phased approach to commitment. This document type is particularly useful when parties need to outline their intentions and basic understanding before developing detailed binding terms. The MoU establishes the framework and key commercial principles, while the subsequent Contract contains detailed obligations, risk allocation, and operational requirements. This approach is common in joint ventures, strategic partnerships, and complex commercial arrangements under Dutch law, where parties need to demonstrate serious intent while maintaining flexibility to develop detailed terms. The documentation incorporates Dutch legal principles and EU regulatory requirements, making it suitable for both domestic and international commercial relationships involving Dutch entities.
