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The video tutorial provides an overview of Memorandum of Agreement (MOA) which is a written document detailing a cooperative relationship between two parties for a project or objective. It serves as a legal document outlining partnership terms and details. MOA is more formal than a verbal agreement but less formal than a contract. Organizations can use MOA to establish collaborative agreements, including service partnerships and technical assistance agreements. MOA can be used even if no money is exchanged. Typical format includes the parties involved, purpose, scope, roles, responsibilities, timelines, and signatures.