the parties intend for this mou to provide the foundation and structure for any and all possibly anticipated binding agreement related to ___________________________________ this mou should not establish or create any type of formal agreement or obligation. it is not the intent of this mou to restrict the parties to this agreement from their involvement or participation with any other public or private individuals, agencies, or organizations. this agreement may be terminated at any time by either party upon ______ days written notice to the other party. the parties each agree to indemnify and hold harmless the other party, its respective affiliates, officers, agents, employees, and permitted successors and assigns against any and all claims, losses, damages, liabilities, penalties, punitive damages, expenses, reasonable legal fees and costs of any kind or amount whatsoever, which result from the negligence of or breach of this agreement by the indemnifying party, its respective successors and assigns that occurs in connection with this agreement.