For anyone as dumb as me… an MoU is: “A Memorandum of Understanding (MoU) is a formal, non-binding agreement between two or more parties that outlines their intentions, roles, and objectives in a collaboration. It serves as a mutual acknowledgment of potential outcomes and processes, indicating a commitment to work together in good faith, often toward establishing a binding agreement in the future”

Honestly surprised they hadn’t been in business beforehand?