Letter of Intent - Template Form to Create Word and PDF

________
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Date: ________

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________

RE: Letter of Intent

Dear ________:

This letter is in reference to our most recent conversation on ________, regarding our mutual desire to enter into a sale of goods contract.

This letter shall serve as a letter of intent to provide a written expression of mutual interest by and between the following parties:

________, hereinafter known as "Seller", with a primary address of the following:

________

and ________, hereinafter known as "Buyer", with a primary address of the following:

________

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Please note, this letter of intent is not binding on either party and is not intended to be a final, executed contract agreement. Rather, this letter of intent shall be considered an initial point of written negotiation between the parties. The terms detailed here shall become void if not accepted within the following time period: ________.

Prospective Transaction: The transaction underlying the agreement between the parties is as follows:

________

This will hereinafter be referred to as "Prospective Transaction."

Prices & Fees:

The price and fees for the sale of goods will be as follows:

________

Delivery Details: The delivery details for the sale of goods will be as follows:

________

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Confidentiality: Buyer and Seller agree to keep all aspects of the potential agreement in confidence.

Next Steps: If the terms outlined in this letter of intent are agreeable to you, please indicate your acceptance by signing and dating below and returning a copy of this letter to us. Your signature shall serve as an indication of your intent to proceed with negotiations toward a final, executed agreement based upon the terms set forth herein. At that point, we will have the final agreement drawn up, via an attorney or otherwise. As noted above, the terms detailed here shall become void if not accepted within the following time period: ________.

Sincerely,

________

________

Signature:_________________________

Date:_____________________________