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The Non-Binding Letter of Intent is a crucial preliminary document in Pakistani business practice, commonly used to initiate formal discussions and negotiations for significant business transactions. It serves as a structured way to express serious interest and outline basic terms while maintaining flexibility before final commitments. While operating under Pakistani law, particularly the Contract Act 1872, it explicitly preserves its non-binding character except for any specifically designated binding provisions. This document typically precedes more detailed negotiations and due diligence processes, making it an essential tool in mergers and acquisitions, joint ventures, real estate transactions, and other significant business dealings. The Letter of Intent helps set expectations, establish preliminary frameworks, and demonstrate commitment to good-faith negotiations while protecting parties from premature legal obligations.

1. Letterhead and Date: Company letterhead, date, and reference number if applicable

2. Recipient Details: Full name, title, and address of the recipient

3. Subject Line: Clear indication that this is a Letter of Intent and brief description of the proposed transaction

4. Opening Statement: Formal introduction and clear statement that this is a non-binding letter of intent

5. Identification of Parties: Full legal names and details of all parties involved

6. Transaction Overview: Brief description of the proposed transaction or relationship

7. Key Terms: Outline of principal terms being considered for the future agreement

8. Timeline: Proposed timeline for negotiation and completion of the final agreement

9. Non-Binding Statement: Clear statement reinforcing the non-binding nature of the letter

10. Closing and Signature: Formal closing, signature block, and company details