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Partnership Letter Of Intent
"I need a Partnership Letter of Intent for a proposed tech startup partnership between my software development company and a data analytics firm in Singapore, with a 60-day exclusivity period and detailed provisions for IP protection during the negotiation phase."
1. Introduction and Parties: Identification of all parties involved and their contact details
2. Purpose Statement: Clear statement of intent to form partnership and basic objectives
3. Proposed Partnership Structure: Basic outline of intended partnership structure and roles
4. Timeline: Proposed timeline for partnership formation and key milestones
5. Confidentiality: Terms regarding confidential information exchange
1. Exclusivity Period: Period during which parties cannot negotiate with others, use when exclusive negotiations are desired
2. Due Diligence Process: Outline of proposed due diligence process, use when significant investigation is needed
3. Cost Allocation: How costs will be shared during negotiation period, use when significant costs are expected
4. Binding Provisions: Specific provisions intended to be legally binding, use when certain commitments need immediate effect
1. Draft Timeline: Detailed schedule of proposed partnership formation process
2. Initial Business Plan: Preliminary outline of business objectives and strategy
3. Term Sheet: Key commercial terms proposed for the partnership
Authors
Proposed Partnership
Confidential Information
Effective Date
Due Diligence Period
Exclusivity Period
Business Day
Term Sheet
Proposed Business Plan
Partnership Interest
Preliminary Agreement
Binding Provisions
Non-Binding Provisions
Governing Law
Letter of Intent
Negotiation Period
Subject Matter
Transaction Documents
Representatives
Good Faith
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