Create Your Heads of Agreement For Free

Document Overview

A Heads of Agreement is a good document to start with when you are planning to or are interested in entering into an agreement with another entity in the near future. Although non-legally binding, it is useful for keeping a record of what was discussed during the negotiation state, and what is to be included in the proposed agreement. If the proposed agreement has a signed paper record, you are able to ensure that the execution of a legally enforceable document is smooth and minimises any potential conflict.

Use this Heads of Agreement if:

  • You would like to set out the proposed terms of an agreement between you and another party during the negotiation stage.

What does the Heads of Agreement cover?

  • Details of the proposed agreement;
  • Obligations of both parties;
  • Consideration for the proposed agreement; and
  • Options to include clauses for confidentiality, non-solicitation and/or exclusivity obligations.

Other names for Heads of Agreement include:

  • Gentlemens agreement; and
  • Commercial Lease Heads of Agreement.
  • Icon Australiasuitable for all Australian states and territories
  • Calendarlast updated July 2015
  • Stopwatchunder 10 minutes
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