Software developers, before you sign a formal agreement to set up a strategic software development partnership, make sure all parties have the same understanding of the terms by putting them down in this Letter of Intent
. Key points of the Letter of Intent include:
- ownership of the final software products;
- confidentiality provisions;
- joint responsibility of the partners for marketing and advertising the products;
- revenue splitting;
- The letter of intent itself is not legally binding, but rather it is a means of ensuring that both parties agree in principal on the terms before executing a formal, final and legally binding agreement.
This Letter of Intent for Strategic Software Development Partnership
is provided in MS Word format and is fully editable to meet your needs.