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Heads of Agreement

   Also found in: Acronyms 0.07 sec.
Heads of Agreement
A non-binding document outlining the main issues relevant to a tentative partnership agreement.

Notes:
It is the draft used by lawyers when drawing up the contract. It serves as a guideline for both parties before any documents are legalized.

See also: Joint Venture

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Qatar Petroleum and ExxonMobil have signed a Statement of Participation Principles for the Barzan Project and a Heads of Agreement (HOA) for all future phases of the Barzan Project.
LONDON -- Amphion Innovations plc, a developer of companies in life sciences and technology, today announces a trading update for the year ended 31 December 2006, ahead of its Preliminary results announcement expected mid-March, and the signing of a Heads of Agreement (see separate announcement).
LONDON -- Amphion Innovations plc ("Amphion"), a builder of companies in life sciences and technology, today announces that it has signed a Heads of Agreement with a Gulf-based investment company, MS Holdings, backed by the Al-Sayer and Al-Mutawa families of Kuwait, to create a Gulf-based joint venture, MSA Investors ("MSA").
 
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