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Letter of Intent
Non-binding letter outlining the key terms and intent to enter into a formal agreement. Two signers.
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# Letter of Intent **Date:** ___________ **From:** ___________ ("Party A") **To:** ___________ ("Party B") Dear ___________, This Letter of Intent ("LOI") sets forth the principal terms upon which Party A and Party B (collectively, the "Parties") intend to negotiate and enter into a definitive agreement (the "Definitive Agreement") regarding the following: ## 1. Transaction Description **Nature of Transaction:** ___________ **Description:** ___________ ## 2. Key Terms **Proposed Value/Price:** ___________ **Payment Structure:** ___________ **Timeline:** The Parties intend to execute the Definitive Agreement on or before ___________. ## 3. Due Diligence Following execution of this LOI, Party A shall have a period of ___________ to conduct due diligence regarding the transaction. Each Party agrees to provide reasonable access to relevant information, records, and personnel during this period. ## 4. Exclusivity ___________ ## 5. Confidentiality (Binding) **This Section 5 is binding.** Each Party agrees that all information exchanged in connection with this LOI and the proposed transaction shall be treated as confidential and shall not be disclosed to any third party without the prior written consent of the other Party, except as required by law. This confidentiality obligation shall survive termination of this LOI for a period of two (2) years. ## 6. Expenses
Fields (17)
loi date
date · required
initiator name
text · required
recipient name
text · required
recipient name
text · required
transaction type
select · required
transaction description
textarea · required
proposed value
text
payment structure
text
target close date
date · required
due diligence period
select · required
exclusivity
select · required
governing state
select · required
expiration date
date · required
initiator signer name
text · required
initiator signer title
text
recipient signer name
text · required
recipient signer title
text
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