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Joint Venture Letter Of Intent For Business Partnership
"I need a Joint Venture Letter Of Intent For Business Partnership between my Singapore-based technology company and a Malaysian manufacturing partner, with a strong focus on IP protection and an exclusivity period until June 2025."
1. Introduction and Parties: Identification and details of all parties involved in the potential joint venture, including registered addresses and company registration numbers
2. Purpose: Clear statement of the intended business relationship and objectives of the proposed joint venture
3. Proposed Structure: Outline of the proposed joint venture structure, ownership percentages, and basic governance framework
4. Scope of Business: Description of intended business activities, operations, and target market
5. Timeline: Proposed schedule for negotiation, due diligence, and implementation of the joint venture
6. Non-Binding Nature: Statement clarifying which provisions are non-binding vs. binding (typically confidentiality, exclusivity, and governing law)
7. Governing Law: Specification that the LOI is governed by Singapore law
1. Exclusivity Period: Provision preventing parties from negotiating with other potential partners for a specified period
2. Initial Capital Contribution: Preliminary outline of expected capital requirements and contributions from each party
3. Management Structure: Proposed governance framework, board composition, and key management positions
4. Intellectual Property Rights: Preliminary agreement on how IP will be handled in the joint venture
5. Dispute Resolution: Framework for resolving any disputes that may arise during negotiations
1. Term Sheet: Summary of key commercial terms and conditions proposed for the joint venture
2. Business Plan Overview: High-level summary of proposed business operations, market analysis, and financial projections
3. Timeline Schedule: Detailed schedule of key milestones, deadlines, and critical paths for joint venture formation
4. Confidentiality Agreement: Detailed provisions regarding the protection of confidential information exchanged during negotiations
5. Proposed Corporate Structure: Diagram or description of the proposed corporate and ownership structure
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