Board or Management Committee
This register records each use of the common seal. Each use of the common seal needs to be approved by the board of directors at the board meeting directly following the use of the seal. Australian company record required under (C-77996)
The Memorandum of Understanding is a record of an agreement between two or more equals who have agreed to cooperate in order to achieve certain objectives; these "equals" could be, for example, different divisions of the same company or two or more different companies. It is similar to a partnership agreement but in the case of the Memorandum of Understanding there is no attempt to build a separate legal entity; it is simply a way of getting the two entities to work together.
