Free Professional Letter of Intent to Purchase Template

PROFESSIONAL LETTER OF INTENT TO PURCHASE

August 22, 2052

John Smith

XYZ Electronics Ltd.
456 Commerce Lane
Electroville, TX 75001
(555) 987-6543

Dear Mr. John Smith,

I am writing to express [Your Company Name]'s intent to purchase the Quantum Computing Processor (Model QCP-5000) from XYZ Electronics Ltd.

Here are the key details of our proposed purchase:

Item

Details

Product:

Quantum Computing Processor (Model QCP-5000)

Proposed Purchase Price:

$5,000,000

Payment Terms:

50% upon signing, 50% upon delivery

Delivery Schedule:

Within 90 days of the agreement

Warranty:

Two-year warranty covering parts and labor

We would like to request 45 days to conduct a detailed review of the product, including inspection and performance evaluation. Please let us know your availability for a meeting to discuss this proposal further. We are available for virtual meetings or an in-person visit at your convenience.

This letter of intent is non-binding and intended solely as a preliminary step. We request that the details remain confidential and that no other parties be approached during our negotiation period We look forward to your response and hope to proceed with this purchase. You can contact me directly at [Your Company Number] or [Your Company Email] to arrange a suitable time for our meeting.

Thank you for considering our proposal.

Sincerely,

[Your Name]

Chief Technology Officer

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