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Due Diligence Engagement Letter
"Need a Due Diligence Engagement Letter for our law firm to conduct comprehensive legal and financial due diligence on a Singapore-based technology startup, with completion required by March 2025 and specific emphasis on intellectual property rights and data protection compliance."
1. Letterhead and Date: Law firm letterhead, current date, and reference number
2. Addressee Details: Client name, designation, and complete address
3. Subject Line: Clear identification of the engagement purpose
4. Introduction: Opening paragraph confirming the engagement and identifying the client and target
5. Scope of Work: Detailed description of due diligence services, areas of review, and deliverables
6. Timeline and Process: Expected duration, key milestones, and workflow description
7. Fee Structure: Professional fees, payment terms, and disbursements
8. Team Composition: Key personnel involved and their roles
9. Confidentiality: Confidentiality obligations and information handling procedures
10. Closing and Execution: Acceptance terms, signature blocks, and return instructions
1. Conflict Clearance: Statement regarding conflicts check and procedures when multiple parties are involved
2. Foreign Law Disclaimer: Disclaimers and limitations regarding foreign law matters in cross-border transactions
3. Regulatory Compliance: Industry-specific compliance requirements and special regulatory considerations
4. Document Retention: Policies regarding retention and handling of review materials
5. Electronic Communications: Protocols for secure electronic communication and data sharing
1. Fee Schedule: Detailed breakdown of fees, rates, and billing arrangements
2. Document Request List: Preliminary list of documents and information required for the due diligence review
3. Due Diligence Checklist: Comprehensive checklist of areas to be covered in the review
4. Team Structure: Organizational chart showing team composition and key contact details
5. Standard Terms of Business: Firm's standard terms and conditions for professional services
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