Letter of Intent

Description: This Letter of Intent is a non-binding document which outlines a proposed transaction between two or more parties before the agreement is finalized. As drafted, this letter of intent provides the proposed terms and conditions of a purchase of a business. The document covers the key points of the transaction including the purchase price, assets to be acquired and employment contracts. It may be customized to fit the specific needs of the parties. This document should be used by parties involved in a potential purchase of a business.