Binding Letter of Intent Sample Contracts

BINDING LETTER OF INTENT
Binding Letter of Intent • April 9th, 2009 • Seraph Security, Inc. • Telephone communications (no radiotelephone)

This Binding Letter of Intent dated on February 25, 2009 (the “Agreement”) outlines the general terms and conditions by which Michael Friedman/Commerce Online Technologies, with a principal address of 801 South Olive Ave., #113, West Palm Beach, FL 33401, (the “Buyer”) and Seraph Security, Inc. (SRHS), (the “Seller”) (Buyer and Seller collectively the “Parties”), intend to facilitate a merger, acquisition, or other combinational transaction with a public company, traded under symbol “ SRHS ” (the “Vehicle”). The closing date of this agreement shall be on or before April 25th, 2009.

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BINDING LETTER OF INTENT
Binding Letter of Intent • October 28th, 2011 • Eaglecrest Resources, Inc. • Gold and silver ores • Texas

This Binding Letter of Intent (this “LOI”), is entered into by and, between EAGLECREST RESOURCES, INC., a Nevada corporation (the “Company”), and ORYONTECHNOLOGIES, LLC, a Texas limited liability company (“Oryon”).

BINDING LETTER OF INTENT
Binding Letter of Intent • January 9th, 2023 • Cuentas Inc. • Wholesale-groceries & related products

THIS BINDING LETTER OF INTENT (the “Agreement”) entered into December 30, 2022, sets forth certain binding understandings and certain binding covenants between Cuentas Inc. (“Buyer”) and Core Development Holdings Corporation (“Seller”), Buyer and Seller individually maybe referred to as a “Party” and collectively as “Parties”).

BINDING LETTER OF INTENT
Binding Letter of Intent • May 3rd, 2022 • Cuentas Inc. • Wholesale-groceries & related products

THIS BINDING LETTER OF INTENT (the “ Agreement ”) entered into December , 2021, sets forth certain binding understandings and certain binding covenants with respect to the purchase of the assets of Mango Tel LLC, a Wyoming limited liability company, owned by Fisk Holdings, LLC, a New York limited liability company located at 1091 Yonkers Avenue, Yonkers, New York 10704 and SDI Black 011, LLC, a New York limited liability company located at 1091 Yonkers Avenue, Yonkers, New York 10704 (hereinafter collectively “ Seller ”), and Sahedabanu Sohel Kapadiai and Sohel Basir Kapadia, the managing members and owners of Seller (hereinafter collectively “ Owners”), by Cuentas, Inc., a Florida corporation located at 235 Lincoln Road, Suite 210, Miami Beach, Florida 33139 ( “Buyer” ).

BINDING LETTER OF INTENT
Binding Letter of Intent • September 28th, 2018 • GSRX Industries Inc. • Retail-food stores • California

THIS BINDING LETTER OF INTENT (this “Letter”), dated as of September 19, 2018 (the “Effective Date”), is entered into by and between GSRX, Inc. (the “Buyer”) and So Cal MM Patients Association, dba The Coughy Shop, All about Bud (“SCMMPA”), a retail cannabis dispensary business, located at 64949 Mission Lakes Blvd #114 , Desert Hot Springs Ca 92240 (the “Company” or the “Seller”), to set forth principal terms and conditions under which the parties hereto would consider relating to the purchase and sale of one hundred percent ( I 00%) of the assets of the Company, including certain assets of the retail cannabis dispensary business of the Company, by Seller to Buyer (the “Proposed Transaction”) as set forth below. The Seller and Buyer are sometimes referred to individually as a “Party” and collectively as the “Parties”.

BINDING LETTER OF INTENT
Binding Letter of Intent • March 27th, 2014 • Pazoo, Inc. • Retail-food stores

This Binding letter of intent (the "Letter of Intent") is made by and between Pazoo, Inc., or its designee and/or assignee ("Pazoo") and MA and Associates, LLC ("MA," and together with Pazoo, each a "Party" and collectively the "Parties") and sets forth the general terms and conditions of the Parties agreement for Pazoo to acquire 40% of the Membership interest of MA(the "Proposed Transaction"). This letter contains the binding provisions of understanding between Pazoo and MA. This Letter of Intent is intended to, and does, impose legal obligations on both Parties to proceed with the Proposed Transaction, subject to the conditions set forth herein.

BINDING LETTER OF INTENT
Binding Letter of Intent • July 2nd, 2013 • Stevia Agritech Corp. • Retail-apparel & accessory stores • Nevada

This Binding Letter of Intent (this “LOI”) is entered into by and between Stevia Agritech Corp., a Nevada corporation (the “Company”), and Rightscorp, Inc., a Delaware corporation (“Rightscorp”).

BINDING LETTER OF INTENT
Binding Letter of Intent • May 22nd, 2012 • Canterbury Resources, Inc. • Metal mining • Nevada

This Binding Letter of Intent (this “LOI”) is entered into by and between CANTERBURY RESOURCES, INC., a Nevada corporation (the “Company”), and CONTROLLED CARBON, LLC DBA ECHO AUTOMOTIVE, an Arizona limited liability company (“Echo”).

BINDING LETTER OF INTENT
Binding Letter of Intent • March 13th, 2018 • UA Granite Corp • Cut stone & stone products • Nevada

This Binding Letter of Intent (this "LOI") is entered into by and between UA Granite Corporation, a Nevada corporation (the "Company"), and Vortex Blockchain, LLC, an Iowa limited liability corporation ("Vortex").

BINDING LETTER OF INTENT
Binding Letter of Intent • December 20th, 2019 • Elite Group Inc. • Wholesale-miscellaneous nondurable goods

The present document is a Binding Letter of Intent (“Binding LOI”) between Elite Group Inc. a Nevada corporation having its principle place of business at 4760 Preston Rd, #244-114 Frisco, Texas 75034 (“Pubco), Power Conversion Technology Inc. a Pennsylvania Corporation, whose principal place of business is located at Schreiber Industrial Park Bldg. 1, 90 Halstead Blvd, Zelienpole, PA 16063 (“PCTI”) and Catherine Chis, President of PCTI (“CC”), in her capacity as President and sole shareholder of PCTI and residing in Pennsylvania, (Pubco, PCTI and CC referred to herein as Parties or Party), whereby Pubco shall purchase all of the outstanding shares in PCTI (“Transaction”) under the following terms and conditions:

BINDING LETTER OF INTENT
Binding Letter of Intent • March 28th, 2012 • Regency Resources, Inc. • Miscellaneous metal ores

This LOI is intended to create mutual, legally binding obligations on the parties hereto, including those set out in paragraphs 4, 6 through 7 below, and the parties wish to enter into this LOI which states that, upon completion of the conditions as set forth herein and in a formal, definitive agreement, Regency will acquire DDAC.

BINDING LETTER OF INTENT
Binding Letter of Intent • April 25th, 2013 • Almah,inc • Retail-auto & home supply stores • Nevada

This Binding Letter of Intent (this “LOI”) is entered into by and between ALMAH, INC., a Nevada corporation (the “Company”), and ARCH THERAPEUTICS, INC, a Massachusetts company (“Arch”).

BINDING LETTER OF INTENT
Binding Letter of Intent • November 2nd, 2016 • Greenwind NRG Inc • Power, distribution & specialty transformers • Nevada

This Binding Letter of Intent (this “LOI”) is entered into by and between GREENWIND NRG, INC., a Nevada corporation (the “Company” or “Greenwind”), and NEWGEN BIOPHARMA CORP.,a New Jersey corporation (“NewGen”).

BINDING LETTER OF INTENT
Binding Letter of Intent • April 18th, 2013 • Homie Recipes, Inc. • Services-miscellaneous business services • Nevada

The Company is a fully reporting publicly traded company with the ticker symbol “HOMR” on the United States over-the-counter (OTCBB) securities market.

BINDING LETTER OF INTENT
Binding Letter of Intent • April 11th, 2012 • Regency Resources, Inc. • Miscellaneous metal ores

This LOI is intended to create mutual, legally binding obligations on the parties hereto, including those set out in paragraphs 4, 6 through 7

BINDING LETTER OF INTENT
Binding Letter of Intent • December 14th, 2004 • Energy & Engine Technology Corp • Airports, flying fields & airport terminal services • Louisiana

This letter of intent, dated this 8th day of December, 2004, is made between Michael Hugh and his nominee, represented by Curt Thurmon and Consolidated Energy Investments (“Hugh”), and Gas Gathering Enterprises, LLC, a Louisiana limited liability company (“GGE”).

BINDING LETTER OF INTENT
Binding Letter of Intent • January 11th, 2022 • Cuentas Inc. • Wholesale-groceries & related products • Florida

THIS BINDING LETTER OF INTENT (the “Agreement”) entered into December , 2021, sets forth certain binding understandings and certain binding covenants with respect to the purchase of the assets of Mango Tel LLC, a Wyoming limited liability company, owned by Fisk Holdings, LLC, a New York limited liability company located at 1091 Yonkers Avenue, Yonkers, New York 10704 and SDI Black 011, LLC, a New York limited liability company located at 1091 Yonkers Avenue, Yonkers, New York 10704 (hereinafter collectively “Seller”), and Sahedabanu Sohel Kapadiai and Sohel Basir Kapadia, the managing members and owners of Seller (hereinafter collectively “Owners”), by Cuentas, Inc., a Florida corporation located at 235 Lincoln Road, Suite 210, Miami Beach, Florida 33139 (“Buyer”).

BINDING LETTER OF INTENT
Binding Letter of Intent • November 29th, 2019 • Meso Numismatics, Inc. • Retail-retail stores, nec

The present document is a Binding Letter of Intent (“Binding LOI”) between Meso Numismatics Group Inc., a Nevada corporation having its principle place of business at 433 Plaza Real Suite 275 Boca Raton, Florida 3432 (“Pubco), Global Stem Cells Group Inc. a Florida Corporation, whose principal place of business is located at 14750 NW 77th Court, suite 304, Miami Lakes, Florida, 33016 USA, (“GSCG”) Benito Novas, CEO of GSCG (“BN”), in his capacity as CEO and shareholder of GSCG and residing in Miami Florida, (“BN referred to herein as Shareholder (Pubco, BN referred to herein as Parties or Party), whereby Pubco shall purchase all of the outstanding shares in GSCG (“Transaction”) under the following terms and conditions:

AMENDMENT NO. 1 TO BINDING LETTER OF INTENT
Binding Letter of Intent • August 13th, 2008 • Seaena Inc. • Retail-miscellaneous retail

THIS AMENDMENT NO. 1 TO BINDING LETTER OF INTENT (“Amendment No. 1”) is made and entered into effective the 12th day of August, 2008, by and between Seaena, Inc., a Nevada corporation (“SEAI”) and Concord Industries, Inc., a Connecticut corporation (“Concord”).

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