All parties to the transaction, Type of deal structure , Price , Payment structure, Non_compete ,Transition plan ,Closing date ,Contingencies (i.e. due diligence, financing, etc.) ,And identify other items to be negotiated.
The Key to an Effective Letter of Intent. A letter of intent, or LOI, is a document that outlines an agreement between two or more parties before the agreement is finalized. A Letter of Intent resembles a written contract, but generally are not binding upon the parties. The purpose of an Letter of Intent may be to clarify the key points of a complex transaction for the convenience of the parties, to declare officially that the parties are currently negotiating, as in a merger or joint venture proposal, or to provide safeguards in case a deal collapses during negotiation