The content of a Memorandum of Understanding shall include, inter alia, the scope and intended action of the Memorandum of Understanding, the draft and the names of the parties and their respective responsibilities. Other content includes the duration of the agreement, the start date of the agreement, and when or how either party may terminate the agreement. In addition, a Memorandum of Understanding may contain contact information for the parties concerned and possible dates for performance evaluationKey performance indicators (KPIs) are indicators used to regularly monitor and evaluate an organization`s performance with a view to achieving certain objectives. They are also used to measure the overall performance of a company. Department 61, March 31, 6 p.m. Below you will find the text of the proposed four-power pact as given to me by Grandi: agreement of understanding and cooperation between the four Western powers.