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Letter of Intent Business

This letter introduces an intent to purchase, partner, acquire, or license an item based on specified conditions. It defines the item and compensation offered, proposes transaction terms, and notes that a formal agreement would still need to be negotiated if the parties were to move forward. The letter provides an overview of the proposed deal but is not an official offer.

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0% found this document useful (0 votes)
509 views1 page

Letter of Intent Business

This letter introduces an intent to purchase, partner, acquire, or license an item based on specified conditions. It defines the item and compensation offered, proposes transaction terms, and notes that a formal agreement would still need to be negotiated if the parties were to move forward. The letter provides an overview of the proposed deal but is not an official offer.

Uploaded by

dana
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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[Your Name]

[Street Address]
[City, St Zip]
[Optional – Email Address]

[Today’s Date]

[Name of Recipient]
[Title]
[Company]
[Address]
[City, St Zip]

Dear [Name of Recipient]:

[Short introduction paragraph – indicate you are submitting this letter with the intent to do a
specific action (purchase, partner, acquire, license, etc.). Indicate that the intent is based on the
following conditions.]

[Define the specifics about the item behind the intent listing all pertinent variations of the item or
supporting material. Provide indication or your intent with respects to the liabilities.]

[Considerations – Propose what you are willing to provide as compensation or other as


consideration for the specifics listed above. Be sure to define amounts, timing.]

[Provide conditions for the transaction. This may include conditions on due diligence,
limitations on further seeking other interested parties or confidentiality.]

[Indicate that this letter is not an official offer and that all details would need to be negotiated
and executed through a formal Purchase (or other) Agreement.]

[Indicate your expected timing for the transaction to take place assuming you were selected.]

[See Vertex42.com for tips and sample letters.]

Sincerely (or Respectfully Yours),

(Sign here for letters sent by mail or fax)

[Typed Name]

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