Possible Seller: _____________________________
Possible Buyer: _____________________________
Business: _____________________________
Date: ______________, 20_____
This is a non-binding letter of intent that contains provisions that are being
discussed for a possible sale of the Business named above from the possible Seller
named above to the possible Buyer named above. This is not a contract. This is not
a legally binding agreement. This is merely an outline of possible contract terms
for discussion purposes only. This is being signed in order to enable the Possible
Buyer to apply for financing of the purchase price. This letter of intent is
confidential and shall not be disclosed to anyone other than the parties and their
employees, attorneys and accountants and the possible lenders of the Possible Buyer.
The terms of the transaction being discussed are attached hereto, but the terms
(and the possible sale itself) are not binding unless and until they are set forth
in a written contract signed by Possible Seller and Possible Buyer. The word "shall"