In this video, I answer the question, What are Heads of Terms, or Heads of Agreement?

Also known as:
- memorandum of understanding
- term-sheet
- letter of intent

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⏱ Chapter Markers...
00:00 - What are Heads of Terms? (or Heads of Agreement)
00:14 - Essential Disclaimer: Mike Clayton is not qualified to give legal advice
00:37 - Alternative names for Heads of Terms
00:49 - Defining what Heads of Terms are
01:45 - Are Heads of Terms legally binding?
02:29 - When do we use Heads of Terms?
04:07 - What do Heads of Terms usually cover?
05:13 - Summing up Heads of Terms (Heads of Agreement)

#ProjectManagement #HeadsOfTerms #HeadsOfAgreement