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Basic Requirements For Letter Of Intent Writing

2008/11/7 10:02:00 41837

Meaning

The letter of intent is a negotiable application document between the state, the unit, the enterprise and the economic entity and individual, which shows the basic attitude or puts forward a tentative plan for one paction before signing the treaty and reaching an agreement.


Effect


The main function of the letter of intent is to convey "intention" and draw the attention or reference of the other party, which can restrain the actions of both sides and guarantee the interests of both sides. The letter of intent can reflect the relationship between the business and work and ensure that the business is developing in a healthy and favorable direction; the letter of intent can lay a foundation for the formal signing of the agreement or contract.


Characteristic


1.

Negotiability.

Writing a letter of intent is mostly based on deliberate tone without any compulsion.

Sometimes I use hypothetical and inquiring tones.


2.

Flexibility.

The flexibility of the letter of intent is mainly in two aspects:


一是可以随口才改变自己的主张。意向书发出后,对方如有更好的意见,可以直接采纳,部分改变或全盘改变都是可能的;

Two, in the same letter of intent, various options can be put forward for each other's choice.

Or to put forward several opinions or surveys for a certain item, so that the other side can compare and choose.


3.

Temporary.

The letter of intent is a record of the basic views of the parties in the negotiation process. Once the formal agreement is reached, the intentional mission is fulfilled.

The letter of intent is not as legal as an agreement or a contract.


Writing method

The general structure of the letter of intent includes: title, representatives, time and place of the two parties, and negotiation process.

No matter what way to write the letter of intent, its basic format and content are roughly the same as those of the agreement. It still answers the question of "why", "what to do" and "how to do".


Matters needing attention

1.

Adhere to the principle of equality and mutual benefit.

Regardless of the size of the state, the size of the unit and the amount of capital, they should treat each other equally and treat each other equally.


2.

We must be clear about the right and wrong, be sincere in attitude and be courteous and courteous.


3.

The content should be clear, the terms should be specific, the words should be accurate, not ambiguous and equivocal.

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