Letter of Intent Template | USA

Put in writing your intention to acquire all of the capital stock of a U.S. company in this customizable Letter of Intent.

• The selling shareholders would be retained as consultants during the transition period, on an as-needed basis.
• The sellers would also be entitled to representation on the Board of Directors until the purchase price for the stock is paid in full.
• The purpose of the Letter of Intent is to ensure that the selling shareholders and the purchaser of the shares of stock all have the same understanding of the terms discussed.
• 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 between the parties.

Set out the terms of an offer to buy preferred stock in a US company planning an initial public offering with this Letter of Intent to Purchase Preferred Stock.

• The proposed transaction would see the investor purchasing preferred stock convertible into shares of common stock at any time. The preferred stock would be subject to mandatory conversion in the event of a Qualified IPO.
• Non-cumulative dividends will accrue on the preferred stock. Upon conversion into common stock, all dividends would be canceled. In addition, the company will create an option pool of unallocated shares to attract and provide incentives for key employees.
• The Letter of Intent is intended solely as a basis for discussion, not as a legal contract, and it is not legally binding except as it relates to the negotiations between the parties.

If you are purchasing real estate in the USA and you need to get certain work done before the deal is finalized, use this Letter of Intent to convince lenders and contractors you intend to go through with the transaction.

• The Letter of Intent signifies to the seller your commitment to go through with the deal.
• It sets out the terms that the buyer and seller have negotiated and are willing to agree to in writing.
• The transaction will be conditional upon the buyer obtaining mortgage financing to fund the purchase.
• This template can be used for transactions anywhere in the United States.

Add the Letter of Intent to your cart, click the Checkout button to pay for your purchase, and download the template. You can easily customize it with the details of your deal.