SAMPLEFree Legal Documents, Forms and ContractsLetter of IntentTHIS LETTER OF INTENT (the "Document") made as of this ________ day of ________________,________ (the "Execution Date"),BETWEEN: ____________________ of _________________________(the "Purchaser")(the "Seller")BACKGROUND:This Document will establish the basic terms used in a future Transaction Description between theSeller and the Purchaser. The terms contained in this Document are not comprehensive and it isexpected that additional terms may be added, and existing terms may be changed or deleted. The basicterms are as follows:Non-Binding1.This Document does not create a binding agreement between the Purchaser and the Seller andwill not be enforceable. Only the Transaction Description, duly executed by the Purchaser andthe Seller, will be enforceable. The terms and conditions of the Transaction Description willsupersede any terms and conditions contained in this Document. The Purchaser and the Sellerare not prevented from entering into negotiations with third parties with regard to the subjectmatter of this Document.Page 1 of 2