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Letter Of Intent For Consulting Services
1. Date and Parties: Identification of all parties involved, including full legal names, registration numbers, and addresses
2. Introduction: Brief statement of intent to enter into consulting arrangement
3. Purpose: Clear statement of the proposed consulting engagement's objectives and scope
4. Proposed Key Terms: High-level outline of main commercial terms including proposed fees, general timeline, and basic service scope
5. Non-Binding Nature: Clear statement that this is a non-binding LOI except for specific binding provisions
6. Confidentiality: Basic confidentiality obligations regarding discussions and shared information
7. Exclusivity Period: Duration during which parties agree to negotiate exclusively with each other
8. Next Steps: Outline of the process toward definitive agreement
9. Governing Law: Specification of Danish law as governing law
10. Signatures: Execution block for all parties
1. Binding Provisions: Section explicitly stating which provisions are binding (typically confidentiality, exclusivity, and governing law) - use when stronger interim protections are needed
2. Cost Allocation: Section addressing who bears costs during the negotiation period - include when significant pre-contract costs are expected
3. Due Diligence: Framework for information sharing and due diligence process - include for complex engagements requiring substantial pre-contract investigation
4. Termination Rights: Conditions under which parties can terminate negotiations - include when negotiation period is expected to be lengthy
5. Public Announcements: Guidelines for any public statements about the potential engagement - include for high-profile or sensitive engagements
1. Proposed Scope of Services: Detailed outline of the consulting services being considered
2. Preliminary Timeline: Proposed schedule for both negotiation period and eventual service delivery
3. Draft Commercial Terms: More detailed breakdown of proposed commercial terms including fee structures
4. Required Resources: Preliminary list of resources, personnel, or access needed from each party
5. Contact Details: List of key contacts and their roles in the negotiation process
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