Assignment task:
Letter of Intent Required Reading Letter of Intent: Commercial Transaction, Practical Law Standard Document 1-587-7607 (Westlaw) Documents Summary of Solutions, Inc. Proposal Standard Form - Galactic Corp. Letter of Intent ("LOI") Questions Begin by reading: The Drafting Notes set forth in the Letter of Intent: Commercial Transactions The Summary of Solutions, Inc. Proposal Then, using the documents Standard Form - Galactic Corp LOI and Summary Solutions, Inc. Proposal, draft the Letter of Intent that Galactic will send to Solutions. In doing so: Provide all of the [bracketed] text needed in the Standard Form, and Complete Exhibit A Additional background information for your LOI: Allow 30 calendar days for negotiating the Definitive Agreement and for the Buyer's Counsel to provide the initial draft of that document. Provide that the terms of the LOI are confidential (edit the confidentiality section). Reference the laws of the imaginary state of Florgia (postal code FG) in the Governing Law section. Set the expiration "drop dead" date to April 28, 2023 at 11:59 pm in the Term and Termination section