In-house Course

Preliminary Agreements

Duration

This is a two hour training session, qualifying for 2 CPD hours.

Objectives

The objectives of the training session are to enable participants to:

  • Identify the various documents, collectively referred to as preliminary agreements.
  • Understand the underlying purpose and legal effect (if any) of each type of agreement namely heads of terms, confidentiality agreements, exclusivity agreements and agreements concerning break fees.
  • Recognise the advantages and disadvantages of each type of agreement and the key features of each from both the perspective of seller and that of the buyer.
  • The session focuses primarily on preliminary agreements in the context of an acquisition or disposal.