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010 Letter Of Intent For Employment New Job Position Save

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Due diligence: The seller will facilitate the purchaser's due diligence investigation by providing all books, records, contracts, access to important employees as well as all other relevant information of the business.

In most cases, LOIs are not legally binding although many could contain specific provisions that are binding, such as covenants to negotiate in good faith, no_shop or standstill provisions (exclusive rights to negotiate, often coupled with earnest money deposits), and Non_Disclosure Agreements (NDA).

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