A letter of intent (LOI) is crucial in many business dealings. It outlines key agreements *before* a final contract. Clarity and specificity are essential for a useful LOI.
This guide offers 17 diverse letter of intent samples. They’ll help you craft the right one for *your* needs. Adapt them, don’t just copy. Consider legal review.
Key elements usually include the parties involved. A *clear* description of the deal. Pricing, timelines, and confidentiality are also important.
Don’t forget conditions precedent. These are things that must happen *before* closing. Legal counsel should review your document, always. Protect your interests.
Below, find varied LOI samples tailored to common situations. Use these as a starting point. Remember, customization is *essential* for success.
Each sample addresses different aspects of business agreements. From acquisitions to partnerships, consider the nuances. Thoroughness avoids future problems.
17 Letter of Intent Samples for Business
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Sample 1: Standard Business Acquisition LOI
[Date]
[Buyer Name]
[Buyer Address]
[Seller Name]
[Seller Address]
Subject: Letter of Intent for Acquisition of [Company Name]
Dear [Seller Name],
This letter of intent (the “LOI”) outlines the preliminary understanding between [Buyer Name] (“Buyer”) and [Seller Name] (“Seller”) regarding the potential acquisition of [Company Name] (the “Company”).
…
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Sample 2: Real Estate Purchase LOI
[Date]
[Buyer Name]
[Buyer Address]
[Seller Name]
[Seller Address]
Subject: Letter of Intent to Purchase Real Property
Dear [Seller Name],
This letter constitutes a non-binding letter of intent for [Buyer Name] to purchase the real property located at [Property Address].
…
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Sample 3: Partnership LOI
[Date]
[Partner 1 Name]
[Partner 1 Address]
[Partner 2 Name]
[Partner 2 Address]
Subject: Letter of Intent for Partnership Agreement
Dear [Partner 2 Name],
This Letter of Intent (LOI) outlines the understanding between [Partner 1 Name] and [Partner 2 Name] with respect to a proposed partnership.
…
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Sample 4: Service Agreement LOI
[Date]
[Client Name]
[Client Address]
[Service Provider Name]
[Service Provider Address]
Subject: Letter of Intent for Service Agreement
Dear [Client Name],
This Letter of Intent (LOI) summarizes the key terms and conditions under which [Service Provider Name] will provide services to [Client Name].
…
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Sample 5: Joint Venture LOI
[Date]
[Party 1 Name]
[Party 1 Address]
[Party 2 Name]
[Party 2 Address]
Subject: Letter of Intent for Joint Venture
Dear [Party 2 Name],
This letter of intent (the “LOI”) sets forth the preliminary understanding between [Party 1 Name] and [Party 2 Name] regarding a proposed joint venture.
…
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Sample 6: Confidentiality Agreement LOI
[Date]
[Disclosing Party Name]
[Disclosing Party Address]
[Receiving Party Name]
[Receiving Party Address]
Subject: Letter of Intent for Confidentiality Agreement
Dear [Receiving Party Name],
This Letter of Intent (LOI) serves to outline the agreement between [Disclosing Party Name] and [Receiving Party Name] regarding the exchange of confidential information.
…
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Sample 7: Asset Purchase LOI
[Date]
[Buyer Name]
[Buyer Address]
[Seller Name]
[Seller Address]
Subject: Letter of Intent for Asset Purchase
Dear [Seller Name],
This letter of intent (the “LOI”) sets forth the preliminary understanding between [Buyer Name] and [Seller Name] regarding the potential purchase of certain assets.
…
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Sample 8: Technology Licensing LOI
[Date]
[Licensor Name]
[Licensor Address]
[Licensee Name]
[Licensee Address]
Subject: Letter of Intent for Technology Licensing Agreement
Dear [Licensee Name],
This Letter of Intent (LOI) outlines the proposed terms and conditions for a technology licensing agreement between [Licensor Name] and [Licensee Name].
…
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Sample 9: Franchise Agreement LOI
[Date]
[Franchisor Name]
[Franchisor Address]
[Franchisee Name]
[Franchisee Address]
Subject: Letter of Intent for Franchise Agreement
Dear [Franchisee Name],
This letter of intent (the “LOI”) sets forth the preliminary understanding between [Franchisor Name] and [Franchisee Name] regarding a potential franchise agreement.
…
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Sample 10: Loan Agreement LOI
[Date]
[Borrower Name]
[Borrower Address]
[Lender Name]
[Lender Address]
Subject: Letter of Intent for Loan Agreement
Dear [Lender Name],
This Letter of Intent (LOI) outlines the proposed terms and conditions for a loan agreement between [Borrower Name] and [Lender Name].
…
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Sample 11: Equipment Purchase LOI
[Date]
[Buyer Name]
[Buyer Address]
[Seller Name]
[Seller Address]
Subject: Letter of Intent for Equipment Purchase
Dear [Seller Name],
This letter of intent (the “LOI”) sets forth the preliminary understanding between [Buyer Name] and [Seller Name] regarding the potential purchase of equipment.
…
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Sample 12: Supply Agreement LOI
[Date]
[Buyer Name]
[Buyer Address]
[Supplier Name]
[Supplier Address]
Subject: Letter of Intent for Supply Agreement
Dear [Supplier Name],
This Letter of Intent (LOI) outlines the proposed terms and conditions for a supply agreement between [Buyer Name] and [Supplier Name].
…
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Sample 13: Distribution Agreement LOI
[Date]
[Manufacturer Name]
[Manufacturer Address]
[Distributor Name]
[Distributor Address]
Subject: Letter of Intent for Distribution Agreement
Dear [Distributor Name],
This letter of intent (the “LOI”) sets forth the preliminary understanding between [Manufacturer Name] and [Distributor Name] regarding a potential distribution agreement.
…
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Sample 14: Consulting Agreement LOI
[Date]
[Client Name]
[Client Address]
[Consultant Name]
[Consultant Address]
Subject: Letter of Intent for Consulting Agreement
Dear [Consultant Name],
This Letter of Intent (LOI) summarizes the key terms and conditions under which [Consultant Name] will provide consulting services to [Client Name].
…
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Sample 15: Marketing Agreement LOI
[Date]
[Company Name]
[Company Address]
[Marketing Agency Name]
[Marketing Agency Address]
Subject: Letter of Intent for Marketing Agreement
Dear [Marketing Agency Name],
This letter of intent (the “LOI”) sets forth the preliminary understanding between [Company Name] and [Marketing Agency Name] regarding a potential marketing agreement.
…
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Sample 16: Software Development LOI
[Date]
[Client Name]
[Client Address]
[Developer Name]
[Developer Address]
Subject: Letter of Intent for Software Development Agreement
Dear [Developer Name],
This Letter of Intent (LOI) outlines the proposed terms and conditions for a software development agreement between [Client Name] and [Developer Name].
…
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Sample 17: Lease Agreement LOI
[Date]
[Landlord Name]
[Landlord Address]
[Tenant Name]
[Tenant Address]
Subject: Letter of Intent for Lease Agreement
Dear [Landlord Name],
This letter of intent (the “LOI”) sets forth the preliminary understanding between [Landlord Name] and [Tenant Name] regarding a potential lease agreement.
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In conclusion, a well-drafted letter of intent is a critical step in any business transaction. Use these samples as a framework. Remember to consult legal counsel. A clear LOI sets the stage for *successful* agreements.
