Other Terms and Conditions: This letter of intent sets out the conditions of the proposed sale and is dependent upon the signing of a definitive agreement by and concerning the buyer, seller and the company. The definitive agreement shall hold the schedules, representations, covenants, indemnities and all other provisions according to the terms and conditions of the letter of intent and following all standard conventions in regard to all usual and applicable commercial practices.
Second, make sure you choose the right coaching staff. When a head coach from a university comes into your living room to sell you on why you should pick their school, they usually tell you everything you want to hear. But, can they be trusted to follow up on all of their promises? You want to make sure that early on you can develop a trust with the head coach.