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Letter of Intent

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Prepared for:
[2nd Party]

Prepared by:
[1st Party]

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Letter of Intent

[Date]

[Name of the 1st Party]
[Company Name]
[Company Address]

[Name of the 2nd Party]
[Company Name]
[Company Address]

Subject: Letter of Intent

Dear [Recipient Name],

This Letter of Intent is regarding the specific action [Purchase/Partner/Acquire/License/etc] described herein between the 1st Party, having its principal place of business at [Address] and 2nd Party, having its principal place of business at [Address]. This Letter of Intent does not represent an enforceable contract.

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Terms and Conditions

1. Purpose

This Letter of Intent is for [Define the specifics regarding the items for intent listing and provide your intent concerning the liabilities] between the Parties as on the effective date [Date].

2. Considerations

The aggregate purchase price for the above-mentioned services is $[0.00], which shall be negotiated between the Parties in good faith:

[Mention the Consideration].

3. Due Diligence

Following the execution of this Letter of Intent, the Party will conduct the due diligence and maintain confidentiality subject to the terms of the Non-Disclosure Agreement (NDA) as dated on [Date]. The Parties will complete the due diligence with efficiency.

4. No Binding Obligation

This Letter of Intent does not create any legally binding or enforceable obligation on either Party. No such obligation shall be created except by the execution of the Letter of Intent, and the terms and conditions of the proposed transactions between the Parties.

5. Miscellaneous

Severability: In the event, any provision of this Letter of Intent is deemed to be invalid or unenforceable, in whole or part, that part shall be severed from the remainder of this Letter of Intent, and all other provisions shall remain in full force and effect as valid and enforceable.
Governing Law: This Letter of Intent shall be governed in all respects by, and be construed in accordance with, the laws of State of [State].
Notices: Any notices required or permitted by this Letter of Intent shall be in writing and delivered by certified mail or courier to the above-mentioned address.

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Acceptance and Signature

IN WITNESS THEREOF, both the Parties respectively have hereby set their hands on the day and year first above mentioned.

[1st Party]

[2nd Party]

Signature

Assign signer 1

Name

Assign signer 1

Date

Assign signer 1

Signature

Assign signer 2

Name

Assign signer 2

Date

Assign signer 2

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DISCLAIMER: Revvsales, Inc is not a law firm. The content provided herein is for general information purposes only, and does not constitute legal advice. Revvsales, Inc and its partners make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability, or completeness of any information mentioned hereunder. The use or reliance of any information contained herein is for your personal use and solely at your own risk. You agree to fully release and indemnify Revvsales, Inc from any liability associated with the use of this content. You are advised to obtain independent legal advice before taking or refraining from any action on the basis of the content provided here.