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Letter Of Intent Startup Template
I need a Letter of Intent Startup Template for my Singapore-based fintech company to formalize negotiations with a potential venture capital investor, with strong confidentiality provisions and an exclusivity period until March 2025.
1. Intent Declaration: Clear statement of intention to enter into formal agreement and the nature of the proposed relationship
2. Parties: Identification of all parties involved, including full legal names and registered addresses
3. Project Description: Detailed overview of the proposed business venture, transaction, or collaboration
4. Key Terms: Principal commercial terms, conditions, and any preliminary agreements
5. Timeline: Proposed schedule for negotiation and execution of definitive agreements
6. Confidentiality: Terms regarding non-disclosure of sensitive information exchanged during negotiations
1. Exclusivity Period: Terms specifying a period during which parties agree not to negotiate with other parties
2. Due Diligence Framework: Structure and process for information sharing and verification procedures
3. Preliminary Costs: Agreement on allocation of costs incurred during the negotiation phase
4. Binding Terms: Specification of which provisions are legally binding (typically confidentiality and exclusivity)
5. Regulatory Compliance: Acknowledgment of relevant regulatory requirements and compliance commitments
1. Term Sheet: Detailed summary of key commercial terms and conditions proposed for the final agreement
2. Corporate Information Schedule: Basic company details, structure, and relevant corporate documentation
3. Project Timeline: Detailed breakdown of proposed milestones, deadlines, and key dates
4. Due Diligence Checklist: List of required documents and information for due diligence process
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