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Letter of Intent Template | 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.
This letter of intent template is prepared for use in New Zealand.

$12.49

The licensor will sponsor research to further the development of the technology, and may offer consulting positions to some of the licensee's research and development personnel to further its business interests.
The licensee will pay an up-front license fee, and a royalty on all sales of products or services covered by the patent rights related to the technology.
The licensor will diligently pursue and protect all patent rights.
Closing of the transaction is conditioned upon a number of factors, including the licensee being able to obtain the necessary financing.
The Letter of Intent itself is an agreement in principle, not a legal contract, and is not legally binding except as it relates to the negotiations between the parties.
The purpose of the Letter of Intent is to ensure that the licensor and the licensee both have the same understanding of the terms discussed.
The Letter of Intent to License Technology for Development template can be used in most countries and is fully editable to fit your specific circumstances.

$12.50

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.
This form is provided in MS Word format and is fully editable to fit your circumstances.
Prepared for use in the United States, but the template can be adapted for other countries.

$19.99

In a lengthy real estate deal, a letter of intent represents to mortgage lenders, contractors and material suppliers that you are ready and able to complete the transaction.
The buyer will have an initial inspection period to examine the building and conduct evaluations and due diligence. During this period, the buyer can terminate the transaction at its discretion.
The seller is responsible for obtaining title insurance, a new survey, and an environmental report.
The seller will pay the real estate commissions. The buyer will pay all of the costs associated with obtaining financing. Each party will be responsible for paying its own legal fees and costs associated with the transaction.
Security deposits, prepaid rents and common area maintenance funds held by the seller will be transferred to the buyer at closing.
The transaction is conditioned upon the buyer being able to obtain adequate financing.
Available in MS Word format and fully customizable.

$17.99