Letter of Intent for Business Venture

DOCUMENT INFO
Description: This letter of intent is used by a party seeking to enter into a proposed business arrangement with another party. The letter of intent outlines the material terms and conditions of the proposed agreement. It includes the purpose of the business entity, each party's percentage of interest, and other additional terms. This document also provides instructions and a checklist for drafting an effective letter of intent. It should be used by a party seeking to enter into a business venture with another party.