Free Business Forms Directory

Letter of Intent

Document: Letter of Intent

Definition: A letter of intent or LOI is a document outlining an agreement between two or more parties before the agreement is finalized. The concept is similar to the so-called heads of agreement. Such agreements may be Asset Purchase Agreements, Share Purchase Agreements, Joint-Venture Agreements and overall all Agreements which aim at closing a financially large deal.

LOIs resemble written contracts, but are usually not binding on the parties in their entirety. Many LOIs, however, contain provisions that are binding, such as non-disclosure agreements, a covenant to negotiate in good faith, or a "stand-still" or "no-shop" provision promising exclusive rights to negotiate. A LOI may also be interpreted as binding the parties if it too closely resembles a formal contract. source: Wikipedia

You can find letter of intent templates and printable copies at the following sites:

Site Name	PDF	Word	Txt	Other	Notes
Urgent Business Forms	No	Yes	Yes	No	Includes a Supplement to the Bill of Lading document.
How To Do Things .com	No	No	No	Yes	Steps explaining how to write a letter of intent.
AllBusiness	No	Yes	No	No	Download for a charge.
doctstoc	No	No	Yes	No	Free template provided.

A very good article about Letters of Intent written by Ivan Hoffman, B.A., J.D. can be found here: The Letter of Intent