Heads of agreement template, built for Australian deals

Record the terms of a deal and lock in confidentiality and exclusivity, without committing to the deal itself.

Ready in about 15 minutes

What this document does

This document records the key terms two parties have agreed in principle for a sale, investment, joint venture or supply deal, and sets the basis for negotiating the formal contract. The commercial terms stay non-binding, marked "subject to contract", so no one is committed to the deal until the full agreement is signed. A defined set of clauses does bind from signing: confidentiality, exclusivity (a no-shop), costs and more. An Australian solicitor reviewed and approved the template. You answer plain questions and download it ready to sign.

The questions we’ll ask

  1. Document type

  2. First party

  3. Second party

  4. The proposed transaction

  5. Key commercial terms (non-binding)

  6. Conditions to the deal (non-binding)

You preview the finished document with your answers in it before you pay a cent.

A solicitor drafting the same document from scratch: $300+ per hour.

This document: $49 once.

Pay once

Your document is yours forever, even if you never spend another cent here.

No subscription required

Nothing you buy is locked behind one. Ever.

Price up front

You see the full price and your finished document before you pay a cent.

Nothing sneaky

No auto-renewal, no sales calls, no card details for free documents.

No usage caps, no overage charges. Read our fair-use terms.

Questions people ask.

Still not sure this is the one? Describe your situation and we’ll tell you what you need, or when you need a real lawyer.

No jargon, no upsell.

Is a heads of agreement legally binding?
Mostly not, by design. The commercial terms are marked "subject to contract" and do not bind anyone to do the deal. A defined list of Binding Clauses, like confidentiality and exclusivity, does take effect from signing. You only become committed to the transaction when you sign the full, formal agreement.
What is the difference between a heads of agreement, an MOU and a letter of intent?
They are the same document with a different name. You pick the label your industry uses at the start. The name does not change what is binding; the wording does, and this template makes the binding and non-binding parts clear.
What is exclusivity and should I include it?
Exclusivity (a no-shop) stops the other side talking to competing buyers or partners for a set period. It binds from signing and is the main protection a serious buyer or investor wants while they spend on due diligence. It is optional and recommended for a real deal.
Is this a deed?
No. It is a simple agreement supported by the parties' mutual promises, so an individual signs without a witness and a company signs under section 127. That keeps it lower-friction than a deed.
Is this a subscription?
No. It is $49 once. No monthly fee and no lock-in. You pay for the document and that is the end of it.

Often needed next

Not sure this is the right document?

Describe your situation and we’ll tell you exactly what you need, or when you need a real lawyer instead.

Describe your situation

Ready for your heads of agreement?

$49 once, no subscription required, ready in about 15 minutes.

Join the waitlist