Thank you for your continued work with {Organization A}. We are looking forward to the successful merger acquisition of {Organization B}. This serves as {Organization A}'s letter of intent to purchase {Organization B} in accordance with the following conditions:
- {Organization A} will purchase the entirety of {Organization B}, including all office locations, buildings, intellectual property, licenses, merchandise, and equipment with the exception of {exception}.
- The merger date is set for {date} at a price of {price}. The price will be paid {in total/in installments of X over X months/years}.
- The {Organization A} will take on any and all debts, liens, and other liabilities that arise after the merger takes place. {Organization B} {will/will not} be held responsible for liabilities that arise as a result of the merger.
- The merger will take place provided that {Organization A}'s audit confirms {requirement}, that {Organization B} has the proper {licenses/certifications/etc.}, and that {Organization A} agrees to continue {practices/responsibilities} of the original Organization A.
- Whatever the results of {Organization A}'s audit and due diligence, {Organization A} will keep all results confidential in perpetuity. {Organization B} will cooperate with all requirements of {Organization A}'s due diligence.
- While {Organization A} is performing due diligence, {Organization B} will not consider other bids or offers.
- In the event that the merger does not take place, {Organization A} agrees not to poach any employees from {Organization B}.
- Both parties will pay for their own fees and expenses that result from the merger.
Download this letter of intent — free!
Formatted and ready to use with Microsoft Word, Google Docs, or any other word processor that can open the .DOC file format.
Index of Letter of Intent Examples
