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Document Id : 6018
File Type : Microsoft Word
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Letter of Intent to Purchase Software Licenses
Negotiate the terms of an agreement to purchase software licenses with this Letter of Intent template.
- Parties. The parties to the transaction will be (i) the developer who holds the licensing rights to the software and (ii) a party who will purchase licenses for the software, for resale purposes.
- Exclusive Negotiations. The parties will not solicit or entertain any other offers for the purchase of the licenses unless and until negotiations between them have been terminated.
- Breakup Fee. The purchaser agrees to pay a breakup fee if negotiations are terminated for any reason other than default by the licensor.
- Confidentiality. Both parties agree to keep all information exchanged between them confidential, and to continue to negotiate in good faith until either a definitive agreement is executed or the letter of intent expires.
This is a generic template which is not country specific and can be used anywhere. For country-specific versions of this LOI, jump to the Letter of Intent Forms main page and find your country in the list.
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