The Non-Binding Agreement is commonly used in Malta as a preliminary step in business relationships, partnerships, and cooperative ventures. It serves as a documented understanding between parties who wish to outline their intentions and plans without creating legally binding obligations. This document type is particularly useful in situations where parties need to formalize their preliminary discussions, document intended cooperation frameworks, or establish groundwork for future binding agreements, while maintaining flexibility and avoiding legal commitments. Under Maltese jurisdiction, these agreements must be carefully drafted to clearly distinguish them from binding contracts, especially given Malta's hybrid legal system that combines elements of civil and common law. The document typically includes comprehensive details about proposed arrangements, timelines, and resource commitments, while explicitly maintaining its non-binding status throughout.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of all parties involved in the agreement, including full legal names and addresses
2. Background: Context and circumstances leading to the agreement, including the parties' relationship and general intent
3. Definitions: Clear definitions of key terms used throughout the document
4. Non-Binding Nature: Explicit statement that the agreement is not legally binding and represents only the parties' current intentions
5. Purpose and Objectives: Clear outline of what the parties hope to achieve through this agreement
6. Principal Terms: Main points of understanding between the parties
7. Duration and Review: Timeframe for which this understanding is valid and any review periods
8. Communication: How parties will communicate and share information
9. Confidentiality: Understanding regarding the treatment of confidential information, while maintaining the non-binding nature
10. Disclaimer: Final confirmation that nothing in the document creates legal obligations
1. Good Faith Statement: Optional statement about parties' intention to act in good faith, used when parties want to emphasize their commitment while maintaining non-binding status
2. Resource Allocation: Include when parties wish to document intended resource commitments, while maintaining these are not binding obligations
3. Transition to Formal Agreement: Include when parties anticipate converting the non-binding agreement into a formal contract in the future
4. Dispute Resolution: Optional section on how parties intend to handle disagreements, while maintaining non-binding nature
5. Exit Provisions: Include when parties want to document how they intend to conclude their arrangement
6. Regulatory Compliance: Include when the subject matter involves regulated activities or sectors
1. Schedule A - Project Overview: Detailed description of the project or initiative being contemplated
2. Schedule B - Timeline: Proposed timeline for activities or milestones, clearly marked as non-binding
3. Schedule C - Resource Overview: Overview of resources parties intend to commit
4. Appendix 1 - Communication Protocol: Detailed communication procedures and contact information
5. Appendix 2 - Confidential Information: Definition and categories of information considered confidential
Find the exact document you need
No items found.
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)