Are you planning to buy a business in the USA? Set down in writing the terms of your offer with this Letter of Intent to purchase the shares and assume the liabilities of the business. Key points of the Letter of Intent include:

• The letter of intent is not a legal contract and is not legally binding, except as it relates to the negotiations between the parties.


• The parties agree that during the course of the negotiations, they will not entertain any offers from or conduct any discussions with any other party with respect to the subject matter of the letter of intent.


• The purchaser will acquire all shares and securities of the company, all shareholder loans, all assets and year to date profits of the business, and will assume all of the liabilities of the business.


• The parties also agree to mutual confidentiality provisions.


• Each party agrees to pay a break-up fee to the other party in the event that they break off negotiations for any reason other than by default by the other party.

This USA Letter of Intent to purchase a business is provided in MS Word format, and is fully editable to fit your specific needs.