heads-of-agreement

Heads of Agreement

$320.00

  • Pages 12
  • Format Microsoft Word

Heads Of Agreement Template

 

What is a Heads of Agreement?

A Heads of Agreement template is a non-binding document outlining the main issues agreed between two parties before entering into a full legally binding agreement. It’s a useful document to be used during the negotiation stages, and allows you to record proposed terms which will be invaluable when the time comes for further documentation.

Why do I need This?

It acts as a guideline for the roles and responsibilities of the parties involved which may include investing in a company, buying or selling a business or setting up a partnership. It will come in handy when it comes time to enter into a legally binding agreement – since you have a paper record this will allow for a smooth and streamlined process, and minimise any conflict.

What’s the Main Benefit?

This agreement gives the parties involved a degree of confidence that a deal is probable before the parties incur further expense.

Additional key points for a Heads of Agreement is to provide:

  • a framework for the parties to negotiate a final contract;
  • a record of key terms agreed on to date;
  • evidence of a party’s commitment for the benefit of third parties such as banks or potential investors;
  • a mechanism for dealing with pre contractual issues such as exclusivity, confidentiality, due diligence and intellectual property

Frequently Asked Questions - Legal Documents

What will be included with my purchase?

When you download one of our documents, you’ll receive a high-quality, industry focused legal document. If you need any additional advice or amendments, you can book an appointment with one of our specialist lawyers via the online form.

How soon will I receive my document?

Once you have completed the online payment process, the form will begin to download automatically. You will be asked for a location on your computer and where you want the form saved.

Will my document be legally enforceable?

Yes. All of our documents have been developed over many years and are based on specific industry experience. Once the information has been completed and signed by the parties, it becomes legally binding.

Can I get personalised help with my document?

Yes. Some of the documents may require specialist advice which Bayard Lawyers can provide. Simply book an appointment online to discuss your specific needs.

Can I cancel my order?

No. We regret that once payment has been authorised and the document downloaded, we cannot refund your money.

Guarantee Seal Bayard Lawyers is 100% focused on helping you to achieve your business goals. We act for leading Australian and International brands, start-ups and individuals. Every client’s needs are different and we pride ourselves on providing expert legal advice so that our clients achieve the best possible outcomes.

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