Create a Letter of Intent to Purchase Software Licenses
with this easy-to-use template for Canada.
The purpose of the Letter of Intent is to negotiate a software purchasing agreement between a developer or publisher who holds the licensing rights to the software and a party who will purchase the licenses for resale to end users. The key points of the potential agreement are outlined and include:
- The number and price of licenses to be purchased are detailed.
- The parties will not solicit or entertain any other offers for the purchase of the licenses unless and until negotiations between them have been terminated.
- The purchaser agrees to pay a breakup fee if negotiations are terminated for any reason other than default by the licensor.
- Both parties agree to keep all information exchanged between them confidential, and to continue to negotiate in good faith until either a definitive agreement is executed or the letter of intent expires.
This Canada Letter of Intent to Purchase Software Licenses
is provided in MS Word format and is easy to edit and use.