Joint Development Venture MOU Template

The Kuali Rice project and its investing partners (hereafter Rice Project) and the following designated joint development partners (hereafter Venture Partners) agree to the following terms in respect to the development and support of new software (described below as CODENAME) for the benefit of both parties.  The Rice Project is a chartered project under the Kuali Foundation a non-profit organization that coordinates higher education institutions in the development of open source software for higher education.  The Venture Partner is …

Overview of CODENAME

  • Vision and Goals of CODENAME
  • Benefits of CODENAME
  • Risks of CODENAME

Objectives of CODENAME

  • Timeline expectations
  • High level feature / functionality expectations
  • Dependency with other software expectations
  • Licensing / legal expectations

Joint Development Venture Investment and Resource Targets

  • Minimum number of investors and resources to start venture
  • Resource Mix Expectations

Resource Type/Role

FTE Percent

Duration

Rice Project
Resource 1
Resource 2
Resource 3
Resource 4
Resource 5



PM
Bus Analyst
Config Manager
Developer
QA



Venture Partner 1
Resource 1
Resource 2
Resource 3
Resource 4
Resource 5



PM
Bus Analyst
Config Manager
Developer
QA



Venture Partner 1
Resource 1
Resource 2
Resource 3
Resource 4
Resource 5



PM
Bus Analyst
Config Manager
Developer
QA




Joint Development Venture Governance

  • Functional Council Membership
  • Technical Council Membership
  • Development Leadership Decision Making Authority
  • Decision / issue escalation and resolution process

               

Joint Development Venture Support and Sustainment Model

  • Joint marketing expectations
  • Joint support expectations
  • Additional investment expectations

               

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