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head of agreement

 

Definitions from the Web

Term: Head of Agreement


Description:

A head of agreement is a written document that outlines the key points of a proposed agreement between two parties. It serves as a preliminary step before the final contract is drafted and signed. The head of agreement is a concise summary that sets out the main terms and conditions that both parties have agreed upon.

Examples and Sample Sentences:

As a Noun:

  1. The head of agreement outlines the key terms and conditions of the partnership between the two companies.
  2. After weeks of negotiations, the parties finally reached a head of agreement on the sale of the property.
  3. The head of agreement serves as a foundation for the subsequent drafting and finalizing of the official contract.

As a Verb:

  1. The parties have decided to head of agreement before proceeding to the final stages of negotiation.
  2. We should head of agreement on the major points before discussing the finer details.
  3. It is crucial to head of agreement early in the process to avoid any major misunderstandings later on.

Related Products:

To gain a better understanding of agreements and contracts, you may find the following books helpful:

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