Picture of Letter of Intent for Research and Development Picture of Letter of Intent for Research and Development

Letter of Intent for Research and Development

Write a Letter of Intent for research funding, development and commercialization of products with this easy-to-use template.

  • The Letter of Intent is a good faith negotiation tool to finalize an R&D agreement between a research institution and a company seeking to fund a particular field of research.
  • Each party agrees to keep all of the other party's information confidential.
  • The company will fund the research in exchange for the opportunity to develop and produce marketable products.
  • The company will also acquire rights to the underlying intellectual property and patents.
  • The Letter of Intent is an agreement in principle, not a legal contract, and is not legally binding except as it relates to the negotiations.
  • This is a generic form which can be used anywhere.
Document Type: Microsoft Word
Last Updated: 24-June-2021
SKU: 5255
$12.49
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