The Partnership Letter of Intent is a crucial preliminary document used in the Philippines when parties are considering forming a business partnership but are not yet ready to enter into a formal partnership agreement. It serves as a roadmap for negotiations and helps establish clear expectations between potential partners. This document typically includes proposed terms such as capital contributions, profit-sharing arrangements, management structure, and timeline for formation, while maintaining its primarily non-binding nature. Under Philippine law, while the Letter of Intent itself doesn't create a partnership, it must align with the Civil Code of the Philippines and relevant business regulations to ensure a smooth transition to a formal partnership agreement. It's particularly valuable in complex business arrangements or when dealing with foreign investors, as it allows parties to outline their intentions while conducting due diligence and finalizing negotiations.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Date and Address Block: Standard business letter format with date and complete addresses of all parties
2. Salutation: Formal greeting to the receiving party
3. Introduction: Identifies all potential partners and expresses interest in forming a partnership
4. Purpose Statement: Clear statement of intent to explore partnership opportunity and brief description of proposed business venture
5. Proposed Partnership Structure: Outline of intended partnership type, ownership stakes, and basic management structure
6. Key Business Terms: Essential commercial terms including capital contributions, profit sharing, and main responsibilities
7. Timeline: Proposed schedule for due diligence, negotiation, and partnership formation
8. Confidentiality: Statement regarding confidential treatment of shared information
9. Non-Binding Nature: Clear statement that the LOI is non-binding except for specified provisions
10. Closing and Signatures: Formal closing, signature blocks for all parties
1. Exclusivity Period: Optional clause preventing parties from negotiating with others for a specified period
2. Due Diligence Process: Detailed outline of the proposed due diligence process if significant investigation is required
3. Conditions Precedent: Specific conditions that must be met before proceeding with formal partnership
4. Expense Allocation: Agreement on how costs associated with negotiation and formation will be shared
5. Governing Law Statement: While typically included in formal agreements, can be included if parties want to specify applicable law for binding provisions
6. Dispute Resolution: Optional provision for handling disputes during the negotiation phase
1. Term Sheet: Basic outline of key commercial and legal terms to be included in final partnership agreement
2. Business Plan Summary: Brief overview of proposed business operations and objectives
3. Initial Capital Contribution Schedule: Preliminary list of proposed capital contributions from each partner
4. Timeline Schedule: Detailed timeline for partnership formation process and key milestones
Relevant legal definitions
Clauses
Relevant Industries
Retail and Consumer Goods
Manufacturing
Professional Services
Real Estate and Construction
Technology and Software
Agriculture and Farming
Food and Beverage
Healthcare and Medical Services
Tourism and Hospitality
Education and Training
Import/Export
Wholesale Distribution
Business Process Outsourcing
Financial Services
Consulting Services
Relevant Teams
Legal
Corporate Affairs
Business Development
Finance
Operations
Strategy
Compliance
Risk Management
Commercial
Investment
Corporate Secretariat
Relevant Roles
Chief Executive Officer
Managing Director
Business Development Manager
Legal Counsel
Corporate Lawyer
Chief Financial Officer
Business Owner
Partnership Manager
Operations Director
Investment Manager
Corporate Secretary
Compliance Officer
Strategy Director
Enterprise Risk Manager
Commercial Director
Find the exact document you need
Letter Of Intent For Updating Points In Ranking
A formal Philippine jurisdiction document requesting the review and update of an individual's ranking points within an organizational system, including justification and supporting documentation.
Download
Letter Of Intent For House (Construction)
A preliminary agreement under Philippine law between property owner and contractor outlining basic terms and intentions for a house construction project.
Download
Letter Of Intent For Grant Proposal
A formal letter under Philippine law expressing intent to apply for grant funding, outlining project proposals and funding requirements.
Download
Letter Of Intent For Enrollment
A formal letter expressing intent to enroll in a Philippine educational institution, compliant with local education laws and regulations.
Download
Letter Of Intent For Retaining Points In Ranking
A formal letter used in the Philippine civil service system to request the retention of accumulated ranking points for government positions and promotions.
Download
Letter Of Intent For Promotion Bpo
A formal document used in the Philippines BPO sector to communicate the intent to promote an employee, outlining new role details and terms under Philippine labor law.
Download
Resume Letter Of Intent
A formal expression of interest in employment that complies with Philippine labor laws and business practices, combining professional intent with key qualifications.
Download
Letter Of Intent To Renew Lease Contract
A formal letter under Philippine law expressing a tenant's intention to renew an existing lease agreement, outlining proposed terms and conditions for the renewal.
Download
Commercial Lease Proposal Letter
A formal proposal document used in the Philippines to outline initial terms and conditions for commercial property leasing, serving as a preliminary offer between landlord and potential tenant.
Download
Letter Of Intent For Volunteer Teacher
A formal letter under Philippine law expressing intent to serve as a volunteer teacher, outlining qualifications and teaching commitments.
Download
Letter Of Intent For Accreditation As Supplier
A formal letter used in the Philippines to express interest in becoming an accredited supplier, including company credentials and compliance commitments.
Download
LOI Business
A preliminary business document under Philippine law outlining proposed transaction terms and conditions, serving as a framework for future negotiations.
Download
Letter Of Intent Requesting For Accreditation
A formal letter used in the Philippines to initiate an accreditation request with relevant authorities, including key company information and compliance commitments.
Download
Letter Of Intent For A Position
A formal letter expressing interest in a specific job position, drafted in compliance with Philippine labor laws and employment regulations.
Download
Loi (Real Estate)
A preliminary document outlining key terms for proposed real estate transactions in the Philippines, serving as a framework for future property transfer or lease agreements.
Download
Loi In (Construction)
A preliminary agreement document under Philippine law that outlines key terms and conditions for construction projects, serving as a precursor to a formal construction contract.
Download
LOI For Purchase
A preliminary document under Philippine law expressing intent to purchase assets, property, or business, outlining key terms and conditions for the proposed transaction.
Download
Letter Of Intent For Organization Membership
A formal letter under Philippine law expressing intent to join an organization, including qualifications and acknowledgment of membership terms.
Download
Letter Of Intent For Monetization
A preliminary document under Philippine law outlining proposed terms for converting assets or revenue streams into immediate funding.
Download
Letter Of Intent For Fresh Graduate
A formal expression of interest document used by fresh graduates in the Philippines to apply for employment opportunities, following Philippine labor laws and business correspondence standards.
Download
Letter Of Intent For Advertising
A preliminary document under Philippine law outlining proposed terms for an advertising arrangement, serving as a framework for future formal agreements.
Download
Letter Of Intent (Education)
A preliminary document under Philippine law outlining proposed terms for educational collaboration or partnership, serving as a precursor to formal agreements.
Download
Letter Of Intent For Financial Assistance
A preliminary, non-binding document under Philippine law that outlines proposed terms for providing financial assistance between parties.
Download
Letter Of Intent For Service Providers
A preliminary document used in the Philippines to outline proposed terms and conditions for service arrangements, serving as a framework for negotiating a formal service agreement.
Download
Letter Of Intent To Leave
A formal resignation letter compliant with Philippine Labor Code requirements, serving as official notice of an employee's intent to leave their position.
Download
Letter Of Intent To Join
A preliminary document used in the Philippines expressing a candidate's formal intention to join an organization, serving as a precursor to an employment contract.
Download
Letter Of Intent For Scholarship To Mayor
A formal letter used in the Philippines to request scholarship assistance from a city or municipal mayor, serving as an initial application for local government educational funding.
Download
Letter Of Intent For Updating Documents
A Philippine-compliant formal letter expressing intent to update specified documents, outlining the scope and process of proposed changes.
Download
Letter Of Intent For Teachers Ranking
A formal letter used in the Philippine education system for teachers to express their intent to participate in the official ranking and promotion process, governed by DepEd regulations.
Download
Letter Of Intent Running For A Position
A formal declaration document under Philippine electoral law expressing intent to run for public office, submitted to electoral authorities as part of the candidacy process.
Download
Letter Of Intent For Staying In A Job
A formal declaration under Philippine law where an employee expresses their commitment to continue employment with their current organization for a specified period.
Download
Letter Of Intent For Continuing Teaching
A formal letter under Philippine law expressing a teacher's intent to continue their teaching position, outlining their role and commitment to the educational institution.
Download
Letter Of Intent (Finance)
A preliminary document under Philippine law outlining key terms and conditions of a proposed financial transaction, serving as a framework for negotiations and due diligence.
Download
Letter Of Intent Commercial (Real Estate)
A preliminary document under Philippine law outlining proposed terms for commercial real estate purchase or lease, serving as a formal expression of interest while establishing negotiation framework.
Download
Business Letter Of Intent
A preliminary business document under Philippine law that outlines intended business arrangements or transactions between parties, setting the stage for formal agreements.
Download
Letter Of Intent For Teacher 1 Elementary
A formal document used in the Philippines to initiate the hiring process for Teacher 1 Elementary positions, outlining employment terms and requirements under Philippine education law.
Download
Letter Of Intent For Car Loan
A formal preliminary document used in the Philippines expressing intent to obtain vehicle financing from a financial institution, subject to local banking regulations.
Download
Letter Of Intent To Offer Services
A preliminary document under Philippine law expressing a service provider's intention to offer professional services, outlining basic terms and conditions for future formal agreement.
Download
Letter Of Intent To Join An Organization
A formal letter under Philippine law expressing interest in joining an organization, serving as an initial step in the membership process.
Download
Letter Of Intent For Project Proposal
A preliminary document under Philippine law outlining parties' intentions to explore a potential project, setting the framework for future negotiations while maintaining a generally non-binding nature.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)