Disclaimer: This template is provided with the understanding that the publisher is not in the business of rendering legal

or professional advice. Consult with

a reputable professional before signing an agreement, sending one to another party, or using this material.

Date

Name
Title
Company
Address
City, State, Zip

Dear ______________________:

I am pleased to present this Letter of Intent (LOI) to outline the business relationship between
______________________________ (Vendor) and ________________________________
(Company), to ______________________________________________________________
(describe the nature of the relationship or transaction being contemplated between the parties).

This is a proposal of business terms and a [binding or non-binding] contract. A definitive written
agreement is required to set forth the full terms and conditions of the proposed business arrangement.
As a suggested time frame, let’s aim for a definitive agreement by ________ (Date).

The basic terms of the relationship as we have discussed it thus far are:
(State what Vendor will do and when it will do it.)
1. [i.e., provide joint development, staffing, other resources]

2. [i.e., provide access to customers, co-promotions]

3. [i.e., conduct beta testing, engage in pilot program, or run other tests]

4. [i.e., provide funding, advisory assistance, testimonials]

5. [i.e., provide other off-line or online assets]

(State what Company will do and when it will do it.)

1. [i.e., provide products or services]

2. [i.e., provide marketing and promotional programs]

3. [i.e., provide specific components or technology]

4. [i.e., provide financial or staff resources]

5. [i.e., offer specifics of long-term mutually beneficial relationship]

If this represents your understanding of how our two companies will move forward, please sign this
letter of intent below and fax back to me at _______________________ (fax number, including area

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Disclaimer: This template is provided with the understanding that the publisher is not in the business of rendering legal or professional advice. Consult with
a reputable professional before signing an agreement, sending one to another party, or using this material.

code) at your earliest convenience, along with the name of your point of contact for working out the
formal agreement. Please feel free to add or modify items, or contact me at _________________
(telephone number including area code) if you have any questions. We look forward to working with
you.

Sincerely Yours,

Name
Title

for Company for Vendor

______________________________________ _______________________________
Print Name Print Name

______________________________________ _______________________________
Signature Signature

__________________ _________________
Date Date

If you use this template, please make a donation so that we can continue to add to the templates library and assist other startups. Pay it forward!
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