LETTER OF INTENT FOR DISTRIBUTORSHIP on company letterhead of distributor September 4, 2008 name of manufacturer / supplier street address city, state, postcode Attention: name of contact person Dear
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How to write a letter of intent a letter of intent is a way of formalizing the terms of a verbal agreement between two parties without signing a contract here's how to write one you will need a verbal agreement parties to the agreement valid dates for the agreement termination conditions in understanding about binding terms and a request for a reply optional terms and conditions step 1 spell out the essential elements of the verbal agreement you have reached with the other party state clearly all significant terms and conditions in the agreement including services to be provided and fees to be paid step 2 identify all of the parties subject to the agreement step 3 specify the beginning and ending dates of the period for which the agreement is to remain valid step 4 include a statement explaining how the agreement can be terminated step 5 add a statement that both parties understand they are entering a binding agreement if that is in fact the case step 6 request a reply if the other party does not agree that the letter accurately reflects the verbal agreement then sit back knowing that you have clearly stated the terms of your agreement did you know the medieval period is considered by some scholars to be the golden age of European letter writing manuals