[Your Company Logo (if applicable)

[Your Company Name]
[Your Company Address]
[City, State, ZIP]
[Date]

[ Seller’s Company Name]
[Seller’s Company Address]
[City, State, ZIP]

Dear [Seller’s Representative],

Letter of Intent to Purchase [Asset/Product Name]

This Letter of Intent (“LOI”) outlines the proposed terms for the purchase of [Asset/Product Name] (the “Product”) by [Your Company Name] (“Buyer”) from [Seller’s Company Name] (“Seller”).

1. Product Description: [Insert brief description of the Product]

2. Purchase Price: $[Insert Purchase Price]

3. Payment Terms: [Insert payment terms, e.g., “50% deposit upon signing, balance due at closing”]

4. Closing: [Insert expected closing date]

5. Conditions Precedent: This LOI is contingent upon:

a) Due diligence review of the Product
b) Negotiation and execution of a definitive purchase agreement
c) Satisfactory inspection and testing of the Product

1. Exclusivity: The Seller agrees to negotiate exclusively with the Buyer for a period of [Insert exclusivity period]

2. Confidentiality: The Buyer and Seller agree to keep the terms of this LOI confidential

3. Governing Law: This LOI shall be governed by and construed in accordance with [Insert Governing Law]

4. Entire Agreement: This LOI constitutes the entire understanding of the parties and supersedes all prior negotiations and understandings

Please indicate your acceptance of these terms by signing and returning a copy of this LOI to the Buyer by [Insert deadline].

Acceptance:

By: __________
Title: __________
Date: __________

Note: This is a sample and should be reviewed and modified according to your specific needs and circumstances. It’s also recommended to seek legal advice before using an LOI.

Let me know if you need any further assistance!