Letter of Intent (US111)

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A form of letter of intent, designed for use when U.S. law applies, this document is formatted as a letter from one party to the other and contains both binding and non-binding language.

It contains 10 main sections covering

  • overview of proposed transaction
  • negotiation of definitive agreements
  • expenses
  • confidentiality
  • press releases
  • timing
  • exclusivity/standstill
  • binding / non-binding nature of letter of intent
  • earnest money
  • governing law

The document is flexible enough to accommodate almost any type of transaction where U.S. law applies.


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