Memorandum of Understanding

A memorandum is written not to inform the reader but to protect the writer. Acheson's Rule

collaborate

Be it known that

Building on decades of mutual rivalry, suspicion, mistrust, jealousy and envy, The South Pacific Institute of Nolledge (The Company) and The University of the Antipodes Islands (The University) have undertaken to propose to intend to agree to initial a Memorandum of Understanding (MoU). This confidential
sub rosa Protocol will affirm the following:

Article 1. While The Company regards The University as a clique of precious, indecisive, over-educated, pedantic, nit-picking, ivory tower dilettantes;

and

Article 2. The University regards The Company as a pack of mendacious, unprincipled, duplicitous, acquisitive, rapacious, money-grabbing predators;

Article 3. Both parties acknowledge that from time to time, certain situations could arise that might not necessarily impact negatively on The Company's balance sheet or The University's proud reputation and tradition;

such that

Article 4. This Memorandum of Understanding may bring a few shreds of intellectual credibility to The Company's activities and a more positive look to The University's accounts;

notwithstanding

Article 5. This memo is not effective until final signing, may be terminated at any time by any of the parties and constitutes a commitment, in principle, to agree to endeavour to persevere towards an accord;

Article 6. The Company's standard terms and conditions apply