This is an alternative form of the letter of intent for a technology joint venture. It addresses the dicussions between the two companies to date and provides signature lines for each company to confirm the discussions.
Texas Alternative Form of Term Sheet / Letter of Intent for Technology Joint Venture
Category:
State:
Multi-State
Control #:
US-TC0409
Format:
Word;
PDF;
Rich Text
Instant download
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How to fill out Alternative Form Of Term Sheet / Letter Of Intent For Technology Joint Venture?
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FAQ
Letters of intent and term sheets are very similar. Both documents outline an agreement that two or more parties expect to make. A letter of intent, as the name implies, is written in the form of a letter whereas a term sheet is more often a list of the important parts of the anticipated contract or agreement.
The main difference between an LOI and a term sheet is stylistic; the former is written as a formal letter while the latter is composed of bullet points outlining the terms.