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Letter Of Intent In Contract
"I need a Letter of Intent in Contract for a potential joint venture between my technology company and a Singapore manufacturing firm, with a focus on confidentiality and exclusive negotiation period until March 2025."
1. Intent Declaration: Clear statement of the parties' intention to enter into future agreement
2. Project/Transaction Overview: Brief description of the proposed transaction or project
3. Key Terms: Main commercial terms and conditions being proposed
4. Timeline: Proposed schedule for negotiation and execution of definitive agreement
5. Non-Binding Statement: Clear statement of which provisions are non-binding (except specific binding terms)
1. Exclusivity Period: Period during which parties agree not to negotiate with others (if exclusive negotiations desired)
2. Confidentiality Provisions: Terms regarding handling of confidential information (if not covered by separate NDA)
3. Due Diligence Process: Outline of proposed due diligence process (for complex transactions)
4. Cost Allocation: Agreement on who bears costs during negotiation period (if relevant)
1. Term Sheet: Detailed outline of key commercial terms being proposed
2. Project Timeline: Detailed schedule of proposed transaction milestones
3. Corporate Authority Documents: Evidence of authority to enter into LOI (if required)
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