A Letter of Intent (LOI) is a document outlining the understanding between two or more parties which they intend to formalize in a subsequent agreement. It’s essentially a roadmap. LOIs are commonly used in business transactions, real estate deals, and academic settings.
Understanding the nuances of crafting a strong LOI is crucial. These samples provide a starting point, showcasing different scenarios and the key elements to include. Remember to tailor each LOI to the specific circumstances.
A well-drafted LOI can save time and money by clarifying expectations and preventing misunderstandings down the line. It clearly defines the scope, terms, and conditions of the agreement. Consult legal counsel for specific guidance on your situation.
Letter of Intent Samples
Sample 1: Job Offer Letter of Intent
[Your Name/Company Name]
[Your Address]
[Date]
[Candidate Name]
[Candidate Address]
Dear [Candidate Name],
This letter confirms our intent to offer you the position of [Job Title] at a salary of [Salary] per year, subject to a background check and formal contract.
Sample 2: Real Estate Purchase Letter of Intent
[Buyer Name]
[Buyer Address]
[Date]
[Seller Name]
[Seller Address]
Dear [Seller Name],
This letter outlines our intent to purchase the property at [Property Address] for [Purchase Price], subject to inspection and financing approval.
Sample 3: Business Acquisition Letter of Intent
[Acquirer Name]
[Acquirer Address]
[Date]
[Target Company Name]
[Target Company Address]
Dear [Contact Person],
This letter expresses our interest in acquiring [Target Company Name]. We propose a purchase price of [Price], subject to due diligence.
Sample 4: Partnership Letter of Intent
[Partner 1 Name]
[Partner 1 Address]
[Date]
[Partner 2 Name]
[Partner 2 Address]
Dear [Partner 2 Name],
This letter confirms our intent to form a partnership to [Partnership Purpose], with each partner contributing [Contribution Details].
Sample 5: Service Agreement Letter of Intent
[Client Name]
[Client Address]
[Date]
[Service Provider Name]
[Service Provider Address]
Dear [Service Provider Name],
This letter expresses our intent to engage your services for [Service Description] at a rate of [Rate], subject to a formal service agreement.
Sample 6: Grant Funding Letter of Intent
[Applicant Name]
[Applicant Address]
[Date]
[Granting Organization Name]
[Granting Organization Address]
Dear [Contact Person],
This letter is to express our intent to apply for a grant for [Project Description] for the amount of [Amount Requested].
Sample 7: Lease Agreement Letter of Intent
[Tenant Name]
[Tenant Address]
[Date]
[Landlord Name]
[Landlord Address]
Dear [Landlord Name],
This letter expresses our intent to lease the property at [Property Address] for [Lease Term] at a rent of [Rent Amount].
Sample 8: Equipment Purchase Letter of Intent
[Buyer Name]
[Buyer Address]
[Date]
[Seller Name]
[Seller Address]
Dear [Seller Name],
This letter expresses our intent to purchase [Equipment Description] for [Purchase Price], subject to inspection and warranty terms.
Sample 9: Software License Letter of Intent
[Licensee Name]
[Licensee Address]
[Date]
[Licensor Name]
[Licensor Address]
Dear [Licensor Name],
This letter expresses our intent to license [Software Name] for [Number] users at a fee of [Fee Amount].
Sample 10: Distribution Agreement Letter of Intent
[Distributor Name]
[Distributor Address]
[Date]
[Supplier Name]
[Supplier Address]
Dear [Supplier Name],
This letter expresses our intent to distribute your product [Product Name] in [Territory] under the terms to be agreed upon.
Sample 11: Joint Venture Letter of Intent
[Party 1 Name]
[Party 1 Address]
[Date]
[Party 2 Name]
[Party 2 Address]
Dear [Party 2 Name],
This letter outlines our intent to form a joint venture for [Project/Venture], sharing profits and losses as agreed.
Sample 12: Confidentiality Letter of Intent
[Disclosing Party Name]
[Disclosing Party Address]
[Date]
[Receiving Party Name]
[Receiving Party Address]
Dear [Receiving Party Name],
This letter confirms our intent to share confidential information, which you agree to protect and not disclose to third parties.
Sample 13: Research Collaboration Letter of Intent
[Institution 1 Name]
[Institution 1 Address]
[Date]
[Institution 2 Name]
[Institution 2 Address]
Dear [Contact Person],
This letter expresses our interest in collaborating on research related to [Research Area] under mutually agreeable terms.
Sample 14: Loan Agreement Letter of Intent
[Borrower Name]
[Borrower Address]
[Date]
[Lender Name]
[Lender Address]
Dear [Lender Name],
This letter outlines our intent to borrow [Loan Amount] with an interest rate of [Interest Rate], subject to credit approval.
Sample 15: Consulting Services Letter of Intent
[Client Name]
[Client Address]
[Date]
[Consultant Name]
[Consultant Address]
Dear [Consultant Name],
This letter confirms our intent to engage your consulting services for [Project Description], with compensation as agreed.
Sample 16: Franchising Letter of Intent
[Franchisee Name]
[Franchisee Address]
[Date]
[Franchisor Name]
[Franchisor Address]
Dear [Franchisor Name],
This letter expresses our intent to pursue a franchise for [Franchise Name] at [Location], subject to further review.
Sample 17: Supply Agreement Letter of Intent
[Buyer Name]
[Buyer Address]
[Date]
[Supplier Name]
[Supplier Address]
Dear [Supplier Name],
This letter expresses our intent to purchase [Product] from you in the amount of [Quantity] at a price of [Price].
Sample 18: Merger Letter of Intent
[Company A Name]
[Company A Address]
[Date]
[Company B Name]
[Company B Address]
Dear [Contact Person],
This letter indicates our interest in exploring a potential merger between Company A and Company B.
Sample 19: Sponsorship Letter of Intent
[Organization Name]
[Organization Address]
[Date]
[Sponsor Name]
[Sponsor Address]
Dear [Sponsor Name],
This letter is to request your sponsorship for [Event/Project] with a contribution of [Amount].
Sample 20: Artist Commission Letter of Intent
[Client Name]
[Client Address]
[Date]
[Artist Name]
[Artist Address]
Dear [Artist Name],
This letter confirms our intent to commission you to create [Artwork Description] at a fee of [Fee Amount].
Sample 21: Book Publishing Letter of Intent
[Author Name]
[Author Address]
[Date]
[Publisher Name]
[Publisher Address]
Dear [Contact Person],
This letter is to express our intent to submit our manuscript [Book Title] for your consideration for publication.
Sample 22: Event Planning Letter of Intent
[Client Name]
[Client Address]
[Date]
[Event Planner Name]
[Event Planner Address]
Dear [Event Planner Name],
This letter outlines our intent to hire you to plan our event [Event Name] scheduled for [Date].
Sample 23: Website Development Letter of Intent
[Client Name]
[Client Address]
[Date]
[Developer Name]
[Developer Address]
Dear [Developer Name],
This letter confirms our intent to engage you to develop our website [Website Description] with features specified.
Sample 24: Investment Letter of Intent
[Investor Name]
[Investor Address]
[Date]
[Company Name]
[Company Address]
Dear [Contact Person],
This letter outlines our intent to invest [Investment Amount] in your company in exchange for [Equity Percentage].
In conclusion, the letter of intent samples provide a comprehensive overview of various scenarios where these documents are essential. Each sample demonstrates how to structure the LOI. Tailor the templates to your specific needs and always consult with legal counsel for advice. This ensures you are creating a legally sound and effective document.