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Letter Of Intent Joint Venture Template for Switzerland

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Key Requirements PROMPT example:

Letter Of Intent Joint Venture

"I need a Letter of Intent Joint Venture document under Swiss law for a proposed manufacturing joint venture between our Swiss company and a German automotive parts supplier, with exclusive negotiation rights until March 2025 and specific provisions for technology sharing."

Document background
A Letter of Intent Joint Venture is a crucial preliminary document used when two or more parties are considering forming a joint venture in Switzerland. It serves as a roadmap for negotiations and demonstrates serious intent while maintaining flexibility before final commitments. This document is particularly important in the Swiss business environment, where clear documentation of preliminary agreements is valued for legal certainty. It typically includes proposed ownership structures, key commercial terms, exclusivity periods, and confidentiality provisions, while clearly distinguishing which provisions are legally binding under Swiss law. The document is commonly used during the early stages of business negotiations, particularly when parties need to conduct due diligence or secure internal approvals before proceeding with a definitive joint venture agreement.
Suggested Sections

1. Date and Parties: Opening section identifying the date and the parties involved, including their full legal names and addresses

2. Introduction/Purpose: Brief statement of the parties' intention to explore and potentially form a joint venture

3. Proposed Transaction Structure: Overview of the contemplated joint venture structure, including ownership percentages and basic governance principles

4. Key Commercial Terms: Outline of the principal terms of the proposed joint venture, including scope, objectives, and key responsibilities

5. Timeline: Proposed schedule for due diligence, negotiation, and execution of definitive agreements

6. Exclusivity: Terms of exclusive negotiation period, if applicable

7. Confidentiality: Provisions regarding the confidential treatment of shared information

8. Costs and Expenses: Agreement on how costs related to the negotiation and formation will be handled

9. Binding vs. Non-binding Provisions: Clear distinction between which provisions are intended to be legally binding and which are not

10. Governing Law: Specification of Swiss law as the governing law

11. Signatures: Execution section for authorized representatives of each party

Optional Sections

1. Break Fee: Include when parties want to establish compensation if one party terminates negotiations without justifiable cause

2. Due Diligence Process: Include when parties want to outline specific requirements and processes for the due diligence investigation

3. Conditions Precedent: Include when certain conditions must be met before proceeding with the definitive agreement

4. Regulatory Approvals: Include when the joint venture may require specific regulatory clearances

5. Non-Solicitation: Include when parties want to prevent hiring of each other's employees during negotiations

6. Public Announcements: Include when parties need to control public communications about the potential joint venture

7. Term and Termination: Include when parties want to set specific duration for the LOI and termination rights

Suggested Schedules

1. Initial Business Plan Overview: High-level summary of the proposed business plan and strategic objectives

2. Proposed Timeline: Detailed schedule of key milestones and deadlines

3. Key Assets Schedule: List of primary assets each party intends to contribute to the joint venture

4. Initial Capital Structure: Overview of proposed capitalization and initial investments

5. Required Approvals: List of anticipated regulatory and corporate approvals needed

6. Key Personnel: List of key management positions and proposed appointments

Authors

Alex Denne

Head of Growth (Open Source Law) @ ¶¶Òõ¶ÌÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions

























Clauses

























Relevant Industries

Manufacturing

Technology

Financial Services

Healthcare

Pharmaceuticals

Real Estate

Construction

Energy

Telecommunications

Consumer Goods

Industrial Products

Professional Services

Biotechnology

Transportation & Logistics

Renewable Energy

Agriculture

Media & Entertainment

Relevant Teams

Legal

Corporate Development

Executive Leadership

Finance

Strategy

Business Development

Operations

Mergers & Acquisitions

Commercial

Risk Management

Compliance

International Business

Corporate Secretariat

Relevant Roles

Chief Executive Officer

Chief Financial Officer

Chief Legal Officer

General Counsel

Corporate Development Director

Business Development Manager

Legal Counsel

Corporate Secretary

Managing Director

Head of Strategy

Investment Director

Partnership Manager

Operations Director

Chief Operating Officer

Head of Mergers & Acquisitions

Commercial Director

Risk Manager

Compliance Officer

Industries







Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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