Clarify the negotiated terms of a software purchasing agreement before signing the formal agreement by putting them down in this
Letter of Intent to Purchase Software Licenses.
- The key points of the potential agreement are outlined in the Letter of Intent.
- The parties to the transaction will be the developer or publisher who holds the licensing rights to the software and a party who will purchase licenses for the software, for resale purposes.
- 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
Letter of Intent to Purchase Software Licenses is provided in MS Word format and is easy to edit and use.
