Products tagged with 'letter of intent template'

Work out the terms of an exclusive supply and development agreement with this Letter of Intent template.

• Parties. The parties to the proposed agreement are (ii) a supplier with a product which has potential commercial application and (ii) a developer which will develop, test, produce and distribute the product.
• Obligations. The obligations of each party are set out with respect to costs and development of a working prototype.
• Patents. The supplier will retain title to all patents on the product.
• License. The supplier will grant the developer an exclusive worldwide license to sell the product.
• Confidentiality. Mutual confidentiality undertakings.
• This Letter of Intent for Exclusive Supply and Development Agreement is generic (not country specific) and fully editable to fit your particular circumstances.

Write a letter of intent to purchase the assets and shares of a business, but not its debt, with this downloadable and customizable template.

• Negotiations Legally Binding. The LOI is only legally binding insofar as it relates to the negotiations being conducted between the parties with respect to the purchase.
• No Assumption. The buyer will not assume the liabilities or obligations of the business.
• Pre-Closing Debts. All pre-closing debts are to be paid by the seller.
• Tax Returns. The seller will be responsible for preparing and filing the closing income tax return and for terminating all employees.
• Employees. The buyer will make employment offers to the employees after the closing.
• Format of Template. The document is available in MS Word format and can be easily customized to fit your particular circumstances. This is a generic document template which can be used anywhere.

Do you know to write a Letter of Intent? Don't worry - if not, just download this easy-to-use template for Australia.

This standardised digital form can be used for many kinds of transactions just by filling in the appropriate details.

Purpose of Document

The purpose of a letter of intent (LOI) is to ensure that all parties have the same understanding of the agreed terms of the deal before a formal agreement is written up. It also signifies the parties' commitment to finalise the arrangement.

It is not a legally binding contract except as it relates to the negotiations between the parties.

Key Provisions of Letter of Intent

• The parties agree not to consider offers from, or conduct discussions, with any other party with respect to the matter being negotiated.
• The parties each agree to keep the other's information confidential and not to disclose any information regarding the negotiations.
• Each party agrees to pay a break-up fee to the other party if negotiations break off for any reason other than a breach of the LOI.

Format and Jurisdiction

The Letter of Intent template is available in MS Word format. It is fully customisable and reusable. This template was drafted for use within Australia.

Need a letter of intent but don't know how to create one? Use this easy Letter of Intent template for Canada.

Purpose of Document

A letter of intent (LOI) clarifies the points of discussion between the parties prior to preparing a formal agreement, and indicates to lenders, customers, contractors and suppliers that the parties intend to complete the transaction.

The LOI is not legally binding for the most part, except for certain provisions such as confidentiality.

Key Provisions of Letter of Intent

• Both parties agree not to discuss with, or consider offers from, any other party the matters being negotiated between them so long as the letter of intent is in effect.
• The parties each agree to keep the other's information confidential and not to disclose any information regarding the negotiations.
• Each party agrees to pay a break-up fee as a penalty if the negotiations are terminated for any cause other than a breach of the LOI.

Format and Jurisdiction

The Letter of Intent template is available in MS Word format. It is fully customizable and reusable. This template was drafted for use anywhere in Canada.

Sometimes in the course of a business transaction, it's beneficial to put a letter of intent in place to protect the interests of the parties. This template Letter of Intent is for New Zealand.

• Purpose. The Letter of Intent ensures that everybody has the same understanding of the terms and conditions discussed by the parties before a formal written agreement is entered into. It also signifies the parties' commitment to complete the deal.
• Not Legally Binding. The Letter of Intent is not a legal contract and is not legally binding other than to the extent specifically stated in the document.
• Exclusive Negotiations.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.
• Confidentiality. The parties also agree to mutual confidentiality provisions.
• Break-up Fee. 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.
• Scope of Use. This letter of intent template is prepared for use in New Zealand.
• Format. This is a MS Word document template that is customisable and reusable.

Clarify the terms for a computer consulting services contract by setting them out in a Letter of Intent.

• Services. The consultant will provide the agreed-upon computer consulting, purchasing and website design and development services to the client.
• Exclusive Retainer. The retainer is understood to be exclusive. The client will agree not to hire any other consultant to provide the services during the term of any signed contract between the parties.
• Compensation. The client will pay the consultant an hourly rate plus allowable expenses.
• COD Charges. The client will prepay or pay COD charges on purchases made through direct source distributors.
• Generic Form. The Letter of Intent for Computer Consulting Services is a generic template form that can be used in any country.