Letter of Intent

Select your form of letter of intent for a share purchase transaction, depending on the company ownership profile and corporate structure of the target company.

Our range of letters of intent for sales of companies cover:

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  • Paper Rock expert legal document templates for buying or selling a business
  • Paper Rock expert legal document templates for buying or selling a business
  • Paper Rock expert legal document templates for buying or selling a business
  • Paper Rock expert legal document templates for buying or selling a business

WHAT IS A LETTER OF INTENT?

A letter of intent is a letter setting out the principal terms of a transaction. The purpose of a letter of intent is to record the transaction terms which have been agreed in principle and which will enable the parties to move to the next stages of the transaction on the basis of a common understanding of the main terms.

The letter of intent will not be legally-binding except in relation to certain limited matters, including:

  • exclusivity: if agreed (and not dealt with in a separate exclusivity agreement), a period of exclusivity for the benefit of the buyer
  • confidentiality of the heads of terms themselves (and assuming that the parties have already entered into a separate confidentiality agreement or NDA covering the confidentiality of information provided to the buyer relating to the target company)

Select your form of letter of intent for a share purchase transaction, depending on the company ownership profile and corporate structure of the target company.

Our range of letters of intent for sales of companies cover:

 

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