Are you negotiating a large purchase of products from a supplier? Before signing the final purchase contract, make sure all parties are clear on the terms by summarizing the discussions and negotiations between the customer and the supplier in this Letter of Intent. Key points of the Letter of Intent include:

• The prices and terms extended to the customer will be no less favorable than those given to the supplier's best customers buying similar products in similar quantities.


• Quoted prices do not include shipping, duties, taxes, insurance, freight charges, etc.


• All products will be of best quality and workmanship.


• The template includes a schedule in which the products and price quotations can be listed.

The Letter of Intent itself is not a legally binding contract, but rather it is a confirmation of both parties' intentions to complete the transaction. The seller can then order the products and ensure that they are available, and the buyer has the assurance that the price quotes will not change.

This generic Letter of Intent to Purchase Products is provided in MS Word format and is fully editable to meet your needs.