Heads of Agreement + MOU
Suitable: NSW QLD VIC SA NT WA TAS
Heads of Agreement & MOU
Heads of agreement & MOU are pre-contract documents used prior to entering into a more ‘formal’ contract. Non-disclosure agreements are also used as pre-contractual documents and are covered in a separate collection dealing with confidentiality (see Confidentiality Agreements).
‘Heads of agreement Australia’ (HOA) and ‘memorandum of understanding’ (MOU) are terms used interchangeably to cover any agreement that is entered into prior to entering into a contract. This may be desirable where the parties are in the early stages of negotiation and wish to confirm the basic points of their agreement. HOA’s and MOU’s are most commonly used in the following circumstances:20
- Commercial Leasing
- Sale of business
- Joint ventures
- Sale of shares
- Distribution Agreements / supply agreements / manufacturing agreements
The Heads of Agreement, although not a fully fledged contract, can still contain binding commitments.
Heads of Agreement Australia
A Heads of Agreement precedent for general use. Includes provisions relating to:
- Subject to contract
- Payment of costs
- Terms to be included in contract
- Form of contract included as Annexure A
4 pages long.
View free sample
Don’t waste time customising time-consuming templates online.
Download, Save & Edit
Yours to Keep & Use Forever
Free Legal Drafting Booklet with Purchase
Written by Practicing Lawyers
Who we are
Precedents Online sells legal documents to the legal profession and businesses in Australia. We supply over 300+ Legal Templates for immediate download in word format.
The documents have been created by practising lawyers and are for immediate purchase online.
All legal precedents sold on this site are available for immediate use and have been drafted by practicing lawyers and kept up to date with changes in the law.
Simple to Use
Free Legal Drafting Book
No Memberships Required
A Leader In The Industry
Always one to question the accepted way of doing things, Eric has been slowly revolutionising the legal profession in Australia. Access to his Kindle books and Practice Guides has been empowering ordinary people to do their own legal work.
Remaining a trusted legal advisor and strategist for innovative entrepreneurs and business owners.