Exclusive Letter Of Intent Template for Australia

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Exclusive Letter Of Intent

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Exclusive Letter Of Intent

"I need an Exclusive Letter of Intent for a potential acquisition of a mining company in Western Australia, with a 90-day exclusivity period starting March 1, 2025, including specific provisions for FIRB approval and environmental due diligence."

Document background
The Exclusive Letter of Intent is a crucial pre-contractual document used in significant commercial transactions under Australian law. It serves as a formal expression of interest and commitment between parties, typically preceding a definitive agreement. This document is particularly valuable when parties need to establish exclusive negotiation rights while finalizing deal terms, conducting due diligence, or securing financing. While mostly non-binding, the exclusivity and confidentiality provisions are typically enforceable, providing protection during negotiations. The document must comply with Australian competition law, particularly regarding exclusive dealing provisions, and should clearly delineate binding versus non-binding terms. An Exclusive Letter of Intent is commonly used in mergers and acquisitions, real estate transactions, joint ventures, and other significant commercial dealings where protecting the negotiation process is paramount.
Suggested Sections

1. Header and Date: Document title, date, and recipient's details in formal letter format

2. Parties: Full legal names and addresses of all parties involved

3. Background/Introduction: Brief context of the proposed transaction and purpose of the LOI

4. Proposed Transaction: High-level description of the intended transaction or relationship

5. Exclusivity Provisions: Detailed terms of the exclusive arrangement, including duration and scope

6. Due Diligence: Framework for information sharing and due diligence process

7. Confidentiality: Terms regarding the confidential treatment of shared information

8. Timeline: Key dates and milestones for negotiation and completion

9. Binding Terms: Clear statement of which provisions are legally binding (typically exclusivity and confidentiality)

10. Termination: Circumstances under which the LOI may be terminated

11. Governing Law: Specification of Australian law as governing law

12. Execution: Signature blocks and execution requirements

Optional Sections

1. Break Fee: Include when parties agree to a fee payable if either party withdraws from negotiations

2. Costs and Expenses: Include when there's a need to specify how transaction costs will be allocated

3. Public Announcements: Include for transactions where public disclosure may be necessary or restricted

4. Non-Solicitation: Include when parties wish to prevent solicitation of employees or customers during negotiations

5. Deposit Requirements: Include when a good faith deposit is required as part of the exclusivity arrangement

6. Dispute Resolution: Include when parties want to specify detailed dispute resolution procedures

7. Foreign Investment Review: Include when the transaction may require FIRB approval or other regulatory clearances

Suggested Schedules

1. Transaction Timeline: Detailed schedule of key dates, milestones, and deadlines

2. Due Diligence Requirements: List of required documents and information for due diligence

3. Excluded Assets/Activities: Specific listing of any assets or activities excluded from the proposed transaction

4. Required Approvals: List of regulatory or third-party approvals needed to proceed with the transaction

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant Industries

Mergers & Acquisitions

Real Estate

Private Equity

Infrastructure

Mining & Resources

Technology

Manufacturing

Healthcare

Retail & Consumer

Financial Services

Energy

Telecommunications

Professional Services

Construction & Development

Relevant Teams

Legal

Corporate Development

Strategy

Finance

Executive Leadership

Commercial

Mergers & Acquisitions

Business Development

Property

Compliance

Risk Management

Treasury

Relevant Roles

Chief Executive Officer

Managing Director

Chief Financial Officer

General Counsel

Legal Counsel

Corporate Development Director

Head of Strategy

Investment Director

Business Development Manager

Commercial Director

Mergers & Acquisitions Director

Property Director

Transaction Manager

Senior Legal Counsel

Chief Operating Officer

Company Secretary

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Exclusive Artist Agreement

An Australian law-governed agreement establishing exclusive rights between a recording artist and a record label, covering recording, distribution, and commercialization rights.

find out more

Exclusive Artist Management Agreement

An Australian law-governed agreement establishing exclusive representation rights between an artist and their management, detailing terms, obligations, and compensation structures.

find out more

Exclusive Distribution Letter

An Australian-law governed letter document establishing exclusive distribution rights between a supplier and distributor, outlining key commercial terms and obligations.

find out more

Exclusive Service Provider Agreement

An Australian law-governed agreement establishing an exclusive relationship between a service provider and client for the delivery of specified services.

find out more

Exclusive Software Reseller Agreement

An Australian law-governed agreement establishing exclusive rights for software distribution, defining terms between software owner and reseller.

find out more

Exclusive Dealer Agreement

An Australian law-governed agreement establishing an exclusive commercial relationship between a supplier and dealer for product distribution in a specified territory.

find out more

Brand Exclusivity Agreement

An Australian law-governed agreement granting exclusive brand usage rights within specified territories, subject to defined conditions and compliance requirements.

find out more

Wholesale Exclusivity Agreement

An Australian law-governed agreement establishing exclusive wholesale distribution rights, including supply obligations and territory restrictions.

find out more

Exclusive Rental Listing Agreement

An Australian law-governed agreement granting exclusive rights to a real estate agency to list and secure tenants for a property owner's premises.

find out more

Employee Exclusivity Agreement

Australian-governed Employee Exclusivity Agreement establishing terms for exclusive employment relationship and protecting employer interests under Australian law.

find out more

Booking Agent Agreement Non Exclusive

An Australian law-governed agreement establishing a non-exclusive relationship between a booking agent and artist for securing performance opportunities.

find out more

Simple Exclusivity Agreement

An Australian-law governed agreement establishing exclusive commercial rights between parties, defining territorial and operational parameters of the exclusive relationship.

find out more

Exclusive Rental Agreement

An Australian-compliant legal agreement establishing exclusive rental rights between a landlord and tenant, with comprehensive terms for property occupation and management.

find out more

Non Exclusive Lease Agreement

An Australian legal agreement establishing terms for shared property use between landlord and tenant, allowing concurrent use by multiple parties.

find out more

Exclusive Importation And Sales Agreement

An Australian-law governed agreement granting exclusive rights to import and distribute specified products within Australia.

find out more

Exclusive Letter Of Intent

An Australian law-governed preliminary document outlining proposed transaction terms and granting exclusive negotiation rights to one party.

find out more

Mutual Exclusivity Agreement

An Australian law-governed agreement establishing exclusive business relationships between parties, defining terms, territories, and scope of exclusive dealings.

find out more

Exclusive Trade Agreement

An Australian law-governed agreement establishing exclusive trading rights between parties, defining territory and trading terms while ensuring competition law compliance.

find out more

Non Exclusive Sales Agreement

An Australian law-governed agreement establishing a non-exclusive commercial relationship between a supplier and sales representative, defining sales rights, territories, and commission structures.

find out more

Exclusive Lease Agreement

An Australian law-governed agreement establishing exclusive property lease terms between landlord and tenant, detailing rights, obligations, and commercial terms.

find out more

Exclusive Cooperation Agreement

An Australian-law governed agreement establishing exclusive cooperation terms between parties, including rights, obligations, and collaboration scope.

find out more

Exclusive Supply Contract

An Australian-law exclusive supply agreement establishing sole supply rights and obligations between supplier and purchaser, compliant with local competition laws.

find out more

Exclusive Manufacturing Agreement

An Australian law-governed agreement establishing exclusive manufacturing rights and obligations between a product owner and manufacturer.

find out more

Non Exclusive Agency Agreement

An Australian law-compliant agreement establishing a non-exclusive agency relationship between a principal and agent, defining rights, obligations, and commercial terms.

find out more

Exclusive Contract Agreement

An Australian law-governed agreement establishing exclusive business rights and obligations between parties, typically used for distribution, licensing, or service arrangements.

find out more

Exclusive Management Agency Agreement

An Australian-compliant agreement appointing an exclusive property manager with full authority to manage a property on the owner's behalf.

find out more

Exclusive Leasing Agency Agreement

An Australian legal agreement granting exclusive rights to a real estate agent to lease and manage a property on behalf of the property owner.

find out more

Sole Distributor Agreement

An Australian-law governed agreement establishing an exclusive distribution relationship between a supplier and distributor, with territorial rights and commercial terms.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.