Word · 11 sections
Letter of Intent — Term Sheet
A working LOI you can mark up tonight.
A practitioner-drafted indicative offer covering structure, consideration, earn-outs, escrow, conditions precedent, exclusivity, and the binding clauses that always get forgotten in v1.
What's inside
- →Eleven sections with bracketed deal terms ready to populate
- →Clear separation of binding vs non-binding clauses (exclusivity, confidentiality, governing law)
- →Earn-out, escrow, and working-capital adjustment language
- →Signature block and indicative timetable
Best for
- · Buyers drafting an indicative offer ahead of due diligence
- · Sellers benchmarking what an LOI should actually contain
- · Corp dev teams standardising LOI templates internally
Read alongside
The companion guide →More templates