LETTER OF INTENT (LOI) FOR BUSINESS ACQUISITION ================================================================ Effective Date: ________________________________________________________ Place: _________________________________________________________________ ================================================================ 1. Parties to the Agreement --------------------------- This Agreement is entered into on ____________________ (____________________) by and between: Buyer Individual Full Legal Name: _______________________________________________________ SSN / ID: ______________________________________________________________ Doc Series: ____________________________________________________________ Address: _______________________________________________________________ _______________________________________________________________ Seller Individual Full Legal Name: _______________________________________________________ SSN / ID: ______________________________________________________________ Doc Series: ____________________________________________________________ Address: _______________________________________________________________ _______________________________________________________________ 2. SUBJECT-MATTER SCHEDULE & SPECIFICATIONS ------------------------------------------- Target Business: _______________________________________________________ Proposed Price: ________________________________________________________ Structure (Asset / Share Purchase): ____________________________________________________________________ Due Diligence Period: __________________________________________________ Exclusivity Period: ____________________________________________________ Expected Closing Date: _________________________________________________ 3. EXECUTION & SIGNATURES ------------------------- Buyer Signature: _____________________________________________________________ Full Legal Name: _______________________________________________________ Date: __________________________________________________________________ Seller Signature: _____________________________________________________________ Full Legal Name: _______________________________________________________ Date: __________________________________________________________________