Letter Of Intent Sample Contracts

Mphase Technologies – AMENDMENT NO.5 TO LETTER OF INTENT mPhase Technologies, Inc. (June 22nd, 2018)

This Amendment No.5 (the "Amendment") to our LOI Intent dated December 29, 2017, as amended on February 15, 2018, March 31, 2018, April 3, 2018 and May 30, 2018 hereby amends the LOI as follows:

Mphase Technologies – AMENDMENT NO.4 TO LETTER OF INTENT mPhase Technologies, Inc. (June 1st, 2018)

This Amendment No.4 (the "Amendment") to our LOI Intent dated December 29, 2017, as amended on February 15, 2018 and April 3, 2018 hereby amends the LOI as follows:

Letter of Intent (May 18th, 2018)

The intent of this Letter is to provide of written expression of the mutual interest of VyaPay LLC, a Delaware Limited Liability Company (hereinafter referred to as "VyaPay"), and Spindle Inc., a Nevada Corporation (hereinafter referred to as "Spindle"), pursuant to which VyaPay and Spindle would enter into a strategic alliance to mutually pursue business objectives and to share certain business resources. This letter also outlines some of the terms and conditions that a definitive agreement will include.

Pacificorp Holdings Ltd. – Termination of Letter of Intent (May 7th, 2018)

Pursuant to the Letter of Intent entered into by Cannabis Leaf, Inc. and Green Venture Capital, Inc. on October 24, 2017 and pursuant to Section L. of the Letter of Intent, Cannabis Leaf, Inc. hereby formally terminates the Letter of Intent and is effective as of April 2, 2018.

Galenfeha, Inc. – Galenfeha, Inc. Letter of Intent to Purchase Fleaux Services of Louisiana, LLC (May 3rd, 2018)

This letter (this "Letter") is intended to summarize the principal terms of a proposal being considered by Galenfeha, Inc. ("Buyer") regarding its possible acquisition of all of the membership interests in the Company from a limited liability company (NewCo) to be created by the undersigned members of the Company, to which the undersigned members shall assign all of their membership interests in the Company1 (hereinafter "Sellers"; provided that, upon the assignment of all membership interests in the Company to NewCo, Sellers shall mean only NewCo). The possible acquisition of the membership interests is referred to as the "Transaction" and Buyer and Sellers are referred to collectively as the "Parties."

Mphase Technologies – Amendment No.3 to Letter of Intent (April 30th, 2018)

This Amendment No.3 (the "Amendment") to our LOI Intent dated December 29, 2017, as amended on February 15, 2018 and April 3, 2018 hereby amends the LOI as follows:

Turbine Truck Engines – RE: Amendment #3 for the 12-26-17 Letter of Intent Termination Date to June 1, 2018 Dear Mr. Rubinoff: (April 24th, 2018)

Novo Integrated Sciences, Inc., a Nevada corporation ("NIS") and Brands International Corporation (the parties") are parties to the Letter of Intent, dated 12-26-17, as attached hereto as Exhibit A (the "LOI"). Effective January 30, 2018, the parties amended the termination date of the 12-26-17 Letter of Intent to March 20, 2018, as attached hereto as Exhibit B. Additionally, effective March 16, 2018, the parties amended ("Amendment #2) the termination date of the 12-26-17 Letter of Intent to April 20, 2018, as attached hereto as Exhibit C.

World Energy Solutions – Aventura, FL 33180 Re: Letter of Intent for Orbital Tracking Corp. Proposed Public Offering Dear Board of Directors, (April 2nd, 2018)

The undersigned, ViewTrade Securities Inc. ("ViewTrade"), has recently discussed with you a proposal pursuant to which Orbital Tracking Corp., (the "Company"), wishes to effectuate a public offering of its securities.

Pleasant Kids, Inc. – Letter of Intent February 26, 2018 (March 1st, 2018)

This letter of intent ("Letter"), upon your execution and return, will confirm the basic terms upon which Next Group Holdings, Inc. ("Next Group", "NXGH" or the "Company"), shall move forward in the negotiation of definitive agreements to license the Knetic and Auris technology platforms (collectively, the "Platform") owned byCima Telecom, Inc. ("Cima"), in exchange for equity securities in Next Group.

Samson Oil & Gas Limited – Termination of Letter of Intent (February 5th, 2018)

This Notice of Termination (this "Notice") states the mutual agreement of Firehawk Oil and Gas, LLC ("FOG") and Samson Oil and Gas Ltd. ("Samson") (together, the "Parties") to terminate the January 20, 2018, Letter of Intent (the "LOI") between the Parties by which FOG expressed its intention to buy, and Samson its intention to sell, certain oil and gas leases and wells in the states of Montana and North Dakota (the "Assets").

Turbine Truck Engines – RE: Amend the 12-26-17 Letter of Intent Termination Date to March 20, 2018 Dear Mr. Rubinoff: (February 5th, 2018)

Novo Integrated Sciences, Inc., a Nevada corporation ("NIS") and Brands International Corporation are parties to the Letter of Intent, dated 12-26-17, as attached hereto as Exhibit A (the "LOI").

Samson Oil & Gas Limited – Oil and Gas Company, LLC 2496 Commons Blvd, Beavercreek, OH 45431 LETTER OF INTENT (January 23rd, 2018)

This letter of intent ("Letter") when executed by all parties hereto, states the general understanding of the parties relating to the proposed acquisition by Firehawk Oil and Gas, LLC (FOG) the ("Buyer").

Turbine Truck Engines – RE: Letter of Intent for the Acquisition by Novo Integrated Sciences Inc. Of 60% of All Issued and Outstanding Equity Stock of Brands International Corporation in Exchange for Debt Financing Arranged or Provided by Novo Integrated Sciences Inc. (January 2nd, 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" or "Novo") will acquire sixty percent (60%) of all issued and outstanding shares of Brands International Corporation, a limited company incorporated under the laws of Ontario ("BRANDS") in exchange for the arrangement of secured debt financing arranged or provided by NVOS in exchange NVOS will receive sixty percent (60%) of all share capital of BRANDS (the "Transaction"). This Letter represents only our good-faith intention to negotiate and execute a Definitive Agreement in a form acceptable to both NVOS and BRANDS.

Webstar Technology Group Inc. – Amended and Restated Letter of Intent to License Warp G Software (December 28th, 2017)

This Preliminary Letter of Intent is entered into this 26 day of October, 2017 by and among Soft Tech Development Corporation, and related entities (collectively, the "Licensor") and Webstar Technology Group, Inc., a Wyoming corporation (collectively, the "Licensee").

Webstar Technology Group Inc. – Amended and Restated Letter of Intent to License Gigabyte Slayer Software (December 28th, 2017)

This Preliminary Letter of Intent is entered into this 26 day of October, 2017 by and among Soft Tech Development Corporation, and related entities (collectively, the "Licensor") and Webstar Technology Group, Inc., a Wyoming corporation (collectively, the "Licensee").

Letter of Intent (December 22nd, 2017)

This Letter of Intent ("LOI") is dated December 12, 2017 between Monster Arts, Inc., a Nevada corporation, with its common stock registered under Section 12(g) of the Securities Exchange Act of 1934 and trading under the symbol APPZ (the "Purchaser"), Flight Time Aviation Group, Inc. (the "Seller") for the purchase of all assets associated with and related to Camino Aero, including but not limited to the website, software, intellectual properties, etc.... The Purchaser and Seller may be referred to individually as a "Party" and collectively as "Parties".

Greenfield Farms Food, Inc. – Letter of Intent (December 1st, 2017)

This Agreement is entered into as of the 27 day of November, 2017, (the "Effective Date") by and between, Ngen Technologies USA, Corp, a Texas corporation. (the "Seller") located at 5430 LBJ Freeway #1200, Dallas, Texas 75240 and Greenfield Farms Food, Inc., a Nevada corporation, (the "Buyer") located at 118 West 5th Street, Covington, KY 41011.

Bravatek Solutions, Inc. – Re: Joint Venture Letter of Intent (October 10th, 2017)

This letter of intent (this "Letter of Intent" or "Letter") sets forth the headline terms under which Bravatek Solutions, Inc., a Colorado corporation ("Bravatek"), and CrucialTrak, Inc., a Texas corporation ("CTI"), will form a joint venture limited liability company to market their products and services in the government, military and CI/KR (Critical Infrastructure and Key Resources) market segments (the "Joint Venture").

Bravatek Solutions, Inc. – Re: Joint Venture Letter of Intent Dear Mr. O'Leary: (September 28th, 2017)

This letter of intent (this "Letter of Intent" or "Letter") sets forth the headline terms under which Bravatek Solutions, Inc., a Colorado corporation ("Bravatek"), and DarkPulse Technology Holdings, Inc., a New York corporation ("DPT"), will form a joint venture limited liability company to market their products and services in the North America, Asia and European government, military and CI/KR (Critical Infrastructure / Key Resources) market segments (the "Joint Venture").

China Wind Systems – Letter of Intent (September 7th, 2017)

This Letter of Intent (the "LOI"), dated as of 7th September 2017, is entered into by and between Cleantech Solutions International, Inc. ("Cleantech"), a company organised and existing under the laws of the state of Nevada, and ECoin Development Limited ("ECoin Development"), a company incorporated in the British Virgin Islands. Cleantech and ECoin Development are hereinafter referred to as the "Parties" to this LOI.

Guardion Health Sciences, Inc. – Amendment to Letter of Intent (June 20th, 2017)

This Amendment to the non-binding Letter of Intent effective as of March 1, 2017 between Guardion Health Sciences, Inc., a Delaware corporation ("Guardion") and VectorVision, Inc., an Ohio corporation ("VectorVision") (the "LOI") is entered into as of June 16, 2017.

SocialPlay USA, Inc. – Letter of Intent (June 12th, 2017)

This exclusive binding Letter of Intent ("LOI") sets forth the basic terms under which SocialPlay USA, Inc., a Nevada corporation will engage in a corporate transaction between itself and Friendship Socks Inc., a Canadian corporation registered in British Columbia. (collectively, SPLY, FS shall be sometimes referred to herein as the "Parties" and individually a "Party"). The basic terms of the proposed transaction are as follows:

RE: Letter of Intent Concerning the Proposed Acquisition of Ga-Du Bank Inc., by Eco Science Solutions, Inc. Dear Jeff; Thank You for the Time and Effort You Have Expended to Date in Considering Our Proposal and Your Work and Efforts in Accommodating Questions and Discussions. One of the Reassuring Things About Working With Your Team Is the Speed With Which You Have Responded to Date. We Have Considered Your Prior Expressed Desire to Have Eco Science Solutions, Inc. ("ESSI") Acquire Ga-Du Bank Inc. ("Bank"), When Mentioned Collectively Within This Document Both Will Be Referred to as the "Parti (May 24th, 2017)

This LOI is intended to embody the framework and general terms of an Acquisition transaction between the Parties. It is not intended as a binding contract but will simply outline an understanding to allow the Parties to proceed to develop the binding documentation outlined herein. Accordingly, execution of this LOI shall act only as a framework for a detailed purchase and sale agreement of the Bank interests not as a binding contract. Either Party may determine to require clarification, greater details or differing terms as details of the Acquisition prior to executing final acquisition documents.

Green Dragon Wood Products, Inc. – LETTER OF INTENT BETWEEN and ZEECOL LIMITED, 57 a Nayland Street Sumner 8081 Christchurch, New Zealand (May 15th, 2017)

The parties, following a series of preliminary meetings, have agreed to record their stated intentions to build and develop an Anaerobic Digester on the property of [_______________], on the following terms and conditions.

Pleasant Kids, Inc. – Next Group Holdings, Inc. Letter of Intent (April 6th, 2017)

This letter confirms our mutual interest, on a non-binding basis and subject to entering into definitive agreements, with respect to merging our respective companies together and also entering into a certain option agreement. The transaction would be between NXGH and AZUGROUP USA, LLC, a Florida limited liability company, with the approval and consent of AZUGROUP SRL, an Italian company. GO CARD ,AND CARDNOLOGY

Pacificorp Holdings Ltd. – Letter of Intent (April 4th, 2017)

Affordable Green Washington LLC. A Washington Limited liability Company ("AGW") (the "Licensor") and PacifiCorp Holdings Ltd. a Nevada Corporation ( the "Licensee"), collectively (the "Parties") desire to memorialize their recent conversations and meetings, in this document and to memorialize their intentions, to utilize their collective efforts in the development and expansion of Marijuana products, Marijuana industry related services and marketing services in the United States, specifically in States and in accordance with State Law, that allow for the consumption of marijuana or marijuana products either recreationally and or medicinally This Letter of Intention ("LOI") sets forth the general terms and conditions that Licensor offers as they relate to a proposed business transaction via license agreement.

SocialPlay USA, Inc. – Letter of Intent (March 31st, 2017)

This exclusive binding Letter of Intent ("LOI") sets forth the basic terms under which SocialPlay USA, Inc.., a Nevada corporation will engage in a corporate transaction between itself, SAP Inc., and Karthik Mani (collectively, SPLY, SAP, & KM shall be sometimes referred to herein as the "Parties" and individually a "Party"). The basic terms of the proposed transaction are as follows:

Amarantus Enters Into a Letter of Intent to Acquire Certain Biotechnology Assets From SeD BioMedical Inc. (March 28th, 2017)

* Amarantus evaluating four SeD BioMedical assets for potential acquisition into its portfolio of biotechnology assets

Re: Letter of Intent for Tender Exchange of Existing Debt and Equity Securities (March 28th, 2017)

This letter agreement, including that certain Addendum of even date thereto include as attached on Exhibit B, sets forth our agreement and understanding as to the essential terms of the tender exchange of existing debt and equity securities of Amarantus BioScience Holdings, Inc. (the "Company") located at 315 Montgomery Street, Suite 900, San Francisco, CA 94104, including surrender of all warrants owned by _____ ("Holder") and a collateral release of assets of the Company, in return for receipt of newly issued equity securities in the Company ("Tender Exchange") as duly authorized and issued by the Company. 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.

Re: Letter of Intent for Tender Exchange of Existing Equity Securities (March 28th, 2017)

This letter agreement sets forth our agreement and understanding as to the essential terms of the tender exchange of certain existing equity securities of Amarantus BioScience Holdings, Inc. (the "Company") located at 315 Montgomery Street, Suite 900, San Francisco, CA 94104, including surrender of all warrants owned by ________ ("Holder") and a collateral release of assets of the Company, in return for receipt of newly issued equity securities in the Company ("Tender Exchange") as duly authorized and issued by the Company. 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.

Aspen Group Announces the Signing of a Letter of Intent to Acquire a Regionally Accredited University Based in California (March 9th, 2017)

NEW YORK, NY March 9, 2017 - Aspen Group, Inc. (OTCQB: ASPU) (Aspen), a post-secondary education company, today announced the signing of a letter of intent to acquire a regionally accredited for-profit university based in California for a total purchase price of $9 million, payable with $4.5 million in Aspen common stock, $2.5 million in cash at closing (less the credit described in the next paragraph) and the remaining $2 million in the form of an 8% convertible note that matures over a two-year period after the closing. At the option of the holder, the note will convert at the market prices one year and two years from closing or be paid in cash.

Guardion Health Sciences, Inc. – Letter of Intent (March 2nd, 2017)

This non-binding Letter of Intent (the "LOI") is entered into as of March 1, 2017 (the "Effective Date") between Guardion Health Sciences, Inc., a Delaware corporation ("Guardion"), and VectorVision, Inc., an Ohio corporation ("VectorVision"), each hereinafter referred to individually as a "Party" and collectively as the "Parties."

Generex Biotechnology Corporation – Re: Waiver of Breach Under Letter of Intent Dated January 16, 2017 (February 24th, 2017)

Reference is made to that binding Letter of Intent dated January 16, 2017 between Emmaus Life Sciences, Inc. ("Emmaus") and Generex Biotechnology Corporation ("Generex") (the "LOI").

Indoor Harvest Corp – LETTER OF INTENT January 3, 2017 (January 6th, 2017)

The purpose of this binding letter (the "Letter of Intent") is to set forth an understanding between and among Alamo CBD, LLC, a Texas limited liability company (the "Prospective Seller"), and Indoor Harvest Corp, a Texas corporation (the "Prospective Buyer"), with respect to the possible acquisition of all of the issued and outstanding capital stock (the "Capital Stock") of Prospective Seller (the "Transaction"). The parties intend to structure the Transaction as a merger with the Prospective Seller merging with and into Indoor Harvest Corp (the "Merger Parent").

Retrospettiva Inc – Re: Letter of Intent to Purchase Assets of AMMO, Inc. ("AMMO"). (January 4th, 2017)

This Letter of Intent (''LOI") outlines the proposal by and between Retrospettiva, Inc., a publicly traded California corporation (hereinafter the "Company" or "RTRO"), and AMMO, Inc., a Delaware corporation (hereinafter "AMMO"), whereby RTRO will acquire 100% of AMMO.