Binding Letter Of Intent Sample Contracts

Generex Biotechnology Corporation – Re: Binding Letter of Intent (December 3rd, 2018)

This letter agreement sets forth our agreement and understanding as to the essential terms of the sale to Generex Biotechnology Corporation (or an affiliate thereof) (the "Purchaser") by Olaregen Therapeutix Inc. (the "Company") of equity securities in the capital of the Company equal to fifty-one percent (51%) of the issued and outstanding equity securities in the capital of the Company on a post-closing basis (the "Transaction"). The parties intend this letter agreement to be binding and enforceable, and that it will inure to the benefit of the parties and their respective successors and assigns.

Generex Biotechnology Corporation – Re: Binding Letter of Intent (November 30th, 2018)

This letter agreement sets forth our agreement and understanding as to the essential terms of the sale to Generex Biotechnology Corporation, Delaware corporation (or an affiliate thereof) (the "Purchaser") by Regentys Corporation, A Florida corporation (the "Corporation") of equity securities in the capital of the Corporation equal to fifty-one percent (51%) of the authorized and issued equity securities in the capital of the Corporation on a post-closing basis (the "Transaction"). The parties intend this letter agreement to be binding and enforceable, and that it will inure to the benefit of the parties and their respective successors and assigns.

Turbine Truck Engines – November 23, 2018 Activa Clinics 6610 Turner Valley Road, Suite 200 Mississauga, Ontario L5N 2Pl Attention: Neil Dhalla RE: Binding Letter of Intent for the Acquisition, by Novo Healthnet Limited, of 100% of the Issued and Outstanding Equity Stock of Activa Clinics in Exchange for Common Stock of Novo Integrated Sciences Inc. (November 29th, 2018)

This binding letter of intent ("LOI" or "Letter") is to generally record terms and conditions of the proposed agreement whereby Novo Integrated Sciences Inc., a Nevada corporation ("NVOS") and Novo Healthnet Limited, a wholly owned Canadian subsidiary of NVOS ("NHL"), will acquire all of the issued and outstanding shares of Activa Clinics, a limited company incorporated under the laws of Ontario ("AC"), in exchange for common shares of Novo Integrated Sciences, Inc. (the "Transaction"). This Letter represents only our good-faith intention to negotiate and enter into a definitive agreement in a form acceptable to NVOS, NHL and AC.

Quantum Energy Inc. – RE: IEC- Arizona Proposal - Binding Letter of Intent (November 28th, 2018)

Binding Letter of Intent ("BLOI") shall serve as our offer to you to conduct complete due diligence (the "Due Diligence Examination") in connection with the possible merger of IEC-Arizona (to be formed "Private") and Quantum Energy, Inc. ("QEGY"), and the execution of a License Agreement granting QEGY the exclusive right within the state of Arizona to manufacture and distribute IEC Earth Engine products and services. Private will be 100% owned by Inductance Energy Corporation, a Wyoming corporation ("IEC"). The parties agree as follows:

UA Granite Corp – Second Amendment to Binding Letter of Intent (October 22nd, 2018)

THIS SECOND AMENDMENT TO BINDING LETTER OF INTENT (this "Second Amendment") is made by and between Vortex Blockchain Technologies Inc. (formerly UA Granite Corporation), a Nevada corporation (the "Company"), and Vortex Network, LLC, an Iowa limited liability company ("Vortex"), effective as of September 25, 2018.

Quantum Energy Inc. – RE: IEC- Arizona Proposal - Binding Letter of Intent (August 31st, 2018)

Binding Letter of Intent ("BLOI") shall serve as our offer to you to conduct complete due diligence (the "Due Diligence Examination") in connection with the possible merger of IEC-Arizona (to be formed "Private") and Quantum Energy, Inc. ("QEGY"), and the execution of a License Agreement granting QEGY the exclusive right within the state of Arizona to manufacture and distribute IEC Earth Engine products and services. Private will be 100% owned by Inductance Energy Corporation, a Wyoming corporation ("IEC"). The parties agree as follows:

Gex Management, Inc. – Binding Letter of Intent Gex Management, Inc. And Endeavor Plus, Inc. (August 3rd, 2018)

This binding letter of intent ("LOI"), dated as of July 30, 2018, sets forth the understanding and preliminary agreement by and between GEX Management, Inc., a public company organized under the laws of the State of Texas ("GXXM"), on the one hand, and Endeavor Plus, Inc., a private healthcare company with offices located in New York, NY ("Endeavor"), on the other hand. GXXM and Endeavor are sometimes referred to individually, as a "Party" and collectively, as the "Parties."

MEDCAREERS GROUP, Inc. – Binding Letter of Intent (June 18th, 2018)

The present document is a Binding Letter of Intent ("Binding LOI") between MedCareers Group Inc., a Nevada corporation having its principle place of business at 758 E Bethel School Road, Coppell, Texas 75019 ("MCGI), Timothy Armes CEO of MCGI, in his personal capacity and residing at________________ ("TA"), The 4 Less Corp. (formerly Vegas Suspension & Offroad, Inc.), a Nevada Corporation, whose principal place of business is located at 4580 N Rancho Drive Suite 130, Las Vegas, Nevada 89130, USA, ("4LESS") Christopher Davenport ("CD"), in his capacity as CEO and shareholder of 4LESS and residing at__________________ and Sergio Salzano ("SS"), in his capacity as shareholder of 4LESS and residing at__________________ ("CD and SS referred to herein as Shareholder(s) (MCGI, TA, 4LESS, CD and SS referred to herein as Parties or Party), whereby MCGI shall purchase all of the outstanding shares in 4LESS ("Transaction") under the following terms and conditions:

Asteriko Corp. – Binding Letter of Intent (June 7th, 2018)

This Binding Letter of Intent ("LOI") is dated June 4, 2018 and is made by STAR ALLIANCE INTERNATIONAL CORP., a Nevada corporation ("Star"), and Starving Lion, INC, a British Virgin Islands corporation ("Lion") (any individually, a "Party" or collectively, the "Parties"). This LOI supersedes any prior letters or discussions regarding the proposed transaction. This LOI is intended to create binding legal and contractual obligations of the Parties with respect to matters set forth herein

Vici Properties Inc. – This Non-Binding Letter of Intent (The Letter) Serves to Memorialize the Understanding Between Caesars Entertainment Corporation (CEC) and VICI Properties Inc. (VICI And, Together With CEC, the Parties and Each a Party) With Regard to the Parameters of a Strategic Transaction Which Would, Among Other Things Amend Certain Lease Agreements and Related Agreements Between the Parties, and Effect the Sale of Certain Real Estate Owned by Affiliates of CEC to Affiliates of VICI (The Project Victor Transactions): (May 10th, 2018)
Pineapple Express, Inc. – March 29, 2018 Sent via Email: MatthewF@pineappleexpress.com Pineapple Express Consulting, Inc. RE: Restated Binding Letter of Intent - Pineapple Park LLC and Pineapple Ventures Inc. Dear Matthew: (April 5th, 2018)

This restated binding letter of intent ("Restated Letter of Intent") sets forth our understanding as to the revised terms of the purchase of corporate assets and transfer of the same between the current holder of said assets, Sky Island, Inc., a California corporation ("SKY ISLAND") and Pineapple Express Consulting, Inc. ("PEC"). By signing this letter, SKY ISLAND and PEC confirms the terms set forth herein. This Restated Letter of Intent is legally binding in nature and replaces the Letter of Intent executed by the parties on August 4, 2017.

UA Granite Corp – Binding Letter of Intent (March 13th, 2018)

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").

Pineapple Express, Inc. – RE: Binding Letter of Intent (January 23rd, 2018)

This letter of intent ("Letter of Intent") sets forth our understanding as to the basic terms of an agreement between you ("WEBB"), and by Pineapple Express, Inc. (OTC: PNPL), a Wyoming corporation ("PNPL", "Our", "Us"). By signing this letter, each of PNPL and WEBB confirms (a) its intentions (as specified herein) with regard to the transactions described herein, and (b) its intention to execute additional agreements as set forth herein.

American Liberty Petroleum Corp. – Binding Letter of Intent on Exchange Note With Investor Financial Group, Inc. Dated July 28, 2017 (September 26th, 2017)

Avant Diagnostics, Inc. ("AVDX" or the "Company") hereby proposes the following binding terms (the "Binding LOI") as agreed with ___________________("Investor") in connection with the execution of the Exchange Agreement for the exchange of existing convertible notes (the "2016 Note") held by Investor prior to this date:

Pleasant Kids, Inc. – BINDING LETTER OF INTENT ("LOI") August 21, 2017 (August 24th, 2017)

This Binding Letter of Intent ("LOI") sets forth the terms and conditions agreed upon by Next Group Holdings, Inc, a Florida limited liability company ("NGH"), or its assignee, with principal registered address: 1111 Brickell Ave., Suite # 2200, Miami, FL 33131, and FISK HOLDINGS LLC ("FISK"), a New York corporation, with principal registered address: 1091 Yonkers Ave., Yonkers, NY 10704:

Pleasant Kids, Inc. – BINDING LETTER OF INTENT ("LOI") August 23, 2017 (August 23rd, 2017)

This Binding Letter of Intent ("LOI") sets forth the terms and conditions agreed upon by Next Group Holdings, Inc, a Florida limited liability company ("NGH"), or its assignee, with principal registered address: 1111 Brickell Ave., Suite # 2200, Miami, FL 33131, and FISK HOLDINGS LLC ("FISK"), a New York corporation, with principal registered address: 1091 Yonkers Ave., Yonkers, NY 10704:

Skyline Medical Inc. – CONFIDENTIAL and BINDING LETTER OF INTENT (August 2nd, 2017)

The purpose of this binding letter (the "Letter of Intent") is to set forth an understanding between and among CytoBioscience, Inc., a Delaware corporation (the "Prospective Seller"), and Skyline Medical, Inc., a Delaware corporation (the "Prospective Buyer"), with respect to a merger with Prospective Seller with and into a newly formed, wholly owned subsidiary of Prospective Buyer ("Merger Sub"). The foregoing is collectively referred to as the "Transaction."

On The Move Systems Corp. – Binding Letter of Intent (May 12th, 2017)

The present document is a Binding Letter of Intent ("Binding LOI") between Robotic Assistance Devices LLC, a Wyoming Limited Liability Corporation having its principle place of business at 31103 Rancho Viejo Road, Suite D2114, San Juan Capistrano, CA 92675 ("RAD"), Steve Reinharz, as sole and managing member of RAD ("SR"), and On the Move Systems Corp., a publicly traded Nevada corporation ("OMVS") (RAD, SR and OMVS, shall be referred to herein as Parties or Party), whereby OMVS shall purchase all of the equity interest and ownership in RAD under the following terms and conditions:

Greenwind Nrg Inc – Binding Letter of Intent (November 2nd, 2016)

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 (July 21st, 2016)

This LOI supersedes all prior verbal and written discussions, proposals and term sheets. This LOI is an expression of NETE's interest in pursuing a transaction on the terms described herein.

Cleartronic Inc – Non-Binding Letter of Intent (June 16th, 2016)

This Non-Binding Letter of Intent (the Agreement) is made and entered into on the 9th day of June, 2016 between Cleartronic, Inc., a public company traded under the symbol CLRI (Cleartronic) and iStream Network, a private company organized and existing under the laws of the state of Florida (iStream).

Mix 1 Life, Inc. – May 25, 2016 CONFIDENTIAL Icelandic Water Holdings Hf Attn: Jon Olafsson, Chairman Hli[?]arendi, 816 Olfus Iceland Phone: 354 412 2100 Fax: 354 412 2109 Non-Binding Letter of Intent to Purchase Icelandic Glacial Natural Spring Water Brand. Dear Sir: (June 8th, 2016)

This Non-Binding Letter of Intent ("LOI") outlines the proposal by and between Mix 1 Life,Inc.,a Nevada corporation (hereinafter the "Company" or "Mix 1 Life"), and Icelandic Water Holdings hf, aIcelandic corporation (hereinafter "Icelandic"), whereby Mix 1 Life will acquire from Icelandic 100% of the ownership interests in Icelandic Glacial natural spring water brand including additional assets described below in Schedule A.

Zoned Properties, Inc. – Binding Letter of Intent (May 19th, 2016)

WHEREAS, it is the intent of the parties to enter into this binding Letter of Intent (this "LOI"), which outlines certain essential material terms for the execution of a Commercial Lease Agreement (the "Lease" or "Lease Agreement") for the leasing of approximately 15,000 square feet of space (the "Premises") to Tenant located within the Building (defined in Exhibit B) located at Lot #7 N. Diamond Loop Rd, Parachute, Colorado 81635 ("Property").

Alexza Pharmaceuticals – Ladies and Gentleman: Over the Course of the Last Several Weeks, Grupo Ferrer Internacional, S.A. ("We" or "Ferrer") Has Completed a Significant Amount of Due Diligence and Continues to Evaluate a Potential Acquisition of Alexza Pharmaceuticals, Inc. ("You" or "Alexza"). Over the Last Several Years, We Have Developed a Close Working Relationship With Alexza and Have Strong Belief in the Eventual Success of ADASUVE for Patients With Agitation. As a Result of Our Belief and Recent Diligence, We Are Submitting a Preliminary, Non-Binding Letter of Intent to Acquire All Outstanding Shares of Alexza (April 29th, 2016)

This letter does not constitute a binding agreement by Ferrer or any of our affiliates or subsidiaries to consummate any transaction contemplated herein. As discussions advance we may in our sole discretion and without cause withdraw from or terminate discussions or negotiations at any time with no obligation to Alexza, its shareholders or third parties, and will not be under any legal obligation unless and until a definitive written agreements containing terms and conditions mutually agreeable to all parties have been executed and delivered by all parties intended to be bound.

Zoned Properties, Inc. – Binding Letter of Intent (March 17th, 2016)
Zoned Properties, Inc. – Binding Letter of Intent (February 18th, 2016)

WHEREAS, it is the intent of the parties to enter into this binding Letter of Intent (this "LOI"), which outlines the essential material terms for the execution of an Amendment to the existing Commercial Lease Agreement (the "Lease" or "Lease Agreement"), dated August 6, 2015, for the expansion in leased space from approximately 15,000 rentable square feet to 45,000 rentable square feet to Tenant at the Chino Valley Cultivation Facility located at 2144 N. Road 1 East, Chino Valley, Arizona 83462.

Zoned Properties, Inc. – Binding Letter of Intent (February 18th, 2016)

WHEREAS, it is the intent of the parties to enter into this binding Letter of Intent (this "LOI"), which outlines the essential material terms for the execution of a Purchase Agreement for the purchase of Lot #7 N. Diamond Loop Rd, Parachute, Colorado, 81635.

Saleen Automotive, INC. – Saleen Automotive, Inc. Binding Letter of Intent (October 27th, 2015)

The purpose of this binding letter of intent ("Letter of Intent") is to set forth the present mutual understandings among (i) SM Funding Group, Inc. ("SM Funding"), (ii) Saleen Automotive, Inc. ("Company"), (iii) David Weiner, parties affiliated with David Weiner (inclusive of W-Net Fund I, L.P.) and other holders of the Company's secured indebtedness set forth on Schedule I hereto (collectively, the "Existing Lenders"), and (iv) Steven Saleen ("Saleen"). Each of SM Funding, the Existing Lenders, Saleen and the Company may from time to time be referred to as a "Party" and collectively, the "Parties". The Parties acknowledge that they intend to enter into certain definitive agreements pursuant to this Letter of Intent, and that until fully integrated definitive agreements (the "Definitive Agreements") and other related documents have been prepared, authorized, executed and delivered by and among the Parties, this Letter of Intent shall bind all Parties to this Letter of Intent in accord

Insynergy Products, Inc – INSYNERGY PRODUCTS, INC./ /ROSS SKLAR or Designee BINDING LETTER OF INTENT for the Acquisition of Licenses From (August 20th, 2015)

This Binding Letter of Intent (this Letter of Intent) sets forth the agreement of the parties hereto for Insynergy Products, Inc. (Insynergy) to acquire licenses to a series of products in the following Product Categories set forth on Exhibit A annexed hereto (the Product Categories) from Ross Sklar or his affiliates (Sklar) (Sklar and his affiliates are referenced herein as Licensors). As described below, the parties hereby agree to negotiate in good faith to execute definitive agreements in connection with the transactions contemplated by this Letter of Intent (Definitive Agreements). However, it is expressly understood that this Letter of Intent shall itself be contractually binding regardless of whether or not a further agreement is executed, subject to the terms and conditions described herein.

Insynergy Products, Inc – INSYNERGY PRODUCTS, INC./ /ROSS SKLAR or Designee BINDING LETTER OF INTENT for the Acquisition of Licenses From (August 14th, 2015)

This Binding Letter of Intent (this Letter of Intent) sets forth the agreement of the parties hereto for Insynergy Products, Inc. (Insynergy) to acquire licenses to a series of products in the following Product Categories set forth on Exhibit A annexed hereto (the Product Categories) from Ross Sklar or his affiliates (Sklar) (Sklar and his affiliates are referenced herein as Licensors). As described below, the parties hereby agree to negotiate in good faith to execute definitive agreements in connection with the transactions contemplated by this Letter of Intent (Definitive Agreements). However, it is expressly understood that this Letter of Intent shall itself be contractually binding regardless of whether or not a further agreement is executed, subject to the terms and conditions described herein.

Star Mountain Resources, Inc. – Re: Binding Letter of Intent in Connection With the Acquisition of a Base Metal Project (June 17th, 2015)

Thank you for the opportunity to meet with you and your client in connection with our discussions regarding a strategy to acquire and operate a Base Metal mine located in North America (the "Base Metal Mine"), currently owned and operated by a third party (the "Mine Owner") which your client has the exclusive right to acquire pursuant to an option with a third party (the "Option"). A copy of the Option has been previously provided to us.

Freebutton, Inc. – Binding Letter of Intent (December 16th, 2014)

This Binding Letter of Intent (this "LOI") is entered into by and between FREEBUTTON, INC., a Nevada corporation (the "Company"), and A1 Vapors Inc., a Florida corporation ("A1").

Oro East Mining, Inc. – Binding Letter of Intent for Purchasing the Redbank Mining Claims (December 16th, 2014)
Freebutton, Inc. – Binding Letter of Intent (May 15th, 2014)

This Binding Letter of Intent (this "LOI") is entered into by and between FREEBUTTON, INC., a Nevada corporation (the "Company"), and A1 Vapors Inc., a Florida corporation ("A1").

March 26, 2014 Wunderkind Group Pty Ltd Level 2, 113-115 Oxford St. Darlinghurst, NSW 2010 Australia Re: Binding Letter of Intent to Acquire a Stake in Wunderkind Group Pty. Ltd. Dear Mr. Downey (April 1st, 2014)

Massive Interactive ("Massive") is pleased to present the following binding Letter of Intent ("LOI") to purchase directly, or through an affiliate (the "Transaction"), a majority stake in Wunderkind, Group Pty Ltd ("Wunderkind" or the "Company"). The principal terms of the proposed transaction are as follows: