Partnership Letter of Intent Template
The term “partnership letter of intent” is used to call the major document whenever any company is about to finalize a certain deal or contract. This kind of letter of intent could be for the acquisition of the company or for merging with another company and the other such vital partnership deals.
The letter itself would state the information about the parties included in the partnership, the purchase price, the nature of the partnership proposed, liabilities on part of both the parties, and so on.
As making the partnership letter of intent by yourself might be hard, there is a thing called the partnership letter of intent template for you. This kind of template is a readymade and easily customizable LOI structure with the required text you need for your business deal. As there are a lot of options, you are able to choose the template based on the purpose of your business deal.
Where can you get the partnership letter of intent template? There are a lot of places that offer the partnership letter of intent template. One of the recommended one is called Template. Template is the name of the site that provides a lot of templates for many kinds of purposes, including CMS, web, eCommerce, design, business, and many more.
In order to look for partnership letter of intent template on the site, first of all, you have to open the official website of Template. When you are in the homepage, there is a search bar that you can see. This one is located at the center of the page. all that you have to do is to type “partnership letter of intent”, hit the Enter button, and the result will be shown. When you see the results, you can look for the one that suitable with your need and click the orange Download button to get one.
In the partnership letter of intent, you can start it with the name of the parties included in the partnership. Then, you can follow it with the preamble. In this stage, all the parties state that they have initiated or will initiate the negotiations with the goal to commence the cooperation by establishing the legal partnership in order to prepare the certain project and to implement it in case of getting the grant assistance from the certain side.
The next thing that can be included is the article. You can add as many articles as you want with the agreement of all the parties. In the last one, you can name it as the closing provisions. After that, you can add the place, the date, the name of the parties and their signatures.
You can guess that example of the partnership letter of intent template above is like a constitution. However, it is not always like this. There is no rule of what kind of structure the partnership letter of intent should be. Aside from the constitution like, there is also the partnership letter of intent that looks like the regular letter with the name and the address of the party first.