Letter of Intent (LOI) Legal Form

Summary: Includes mutual industry terms for negotiations PRIOR to a Final Contract. This form is also known as an LOI, Letter of Understanding, Memorandum of Agreement, Memorandum of Understanding (MOU). This form INTENTIONALLY INCLUDES MINIMUM IMPORTANT BINDING LEGAL TERMS to decrease the risk that a court could find that the LOI is a binding contract regarding the proposed discussion points. If you intend to write a binding agreement for the full transaction or intend to include significant legal or business detail, do NOT use an LOI -- use the final agreement. To deter copyright infringement, Coollawyer cannot offer more than a limited preview of the language. For more information, review the article on LOI's in the Research "More Articles" section.

Description: Protects Parties by: Protecting Parties By Stating Proposed Terms Are Not Binding Until Final Agreement, By Providing A Negotiation Deadline, By Providing For Termination If Agreement Not Reached Providing for Exclusive Negotiations Limiting Parties' Liability from Negotiations Protecting Confidential Information During Negotiations Providing For Your Insertion of Proposed Discussion Points For Final Agreement Requiring Representations from Parties of Non-Violation Of Third Party Rights During Negotiations (Violation Of Non-Compete, Confidentiality Agreement, Etc.) Allowing Purchaser to Pick Location Of Litigation In The Case Of Dispute >The terms of this form are mutual. Purchase includes one internal license in Word 2003 and forward for completion of company name, address, potential terms, more with autonumbering and fully editable. Download code emailed to provided email after purchase; be sure your spam filter permits delivery.

Reviews



By: Jay in Phoenix/AZ/USA




By: Anonymous



need to review letter of intent
By: krystinat in oakland, ca usa



Could not preview. Very disappointing.
By: Betty Ann in Dewitt, Michigan, U.S.A.



I forgot to rate the product. I reiterate - $30.00 for a two paragraph form. Not very cool....
By: Joel in Newark, NJ



can not review the document due to huge 'Preview' watermark. will not buy what I can not see.
By: Anonymous



There is no content here.
By: Anon



letter if intent
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