51Ƶ

Letter Of Intent Signature for Singapore

Letter Of Intent Signature Template for Singapore

A Letter of Intent Signature document under Singapore law serves as a preliminary written agreement that outlines the key terms and conditions of a proposed transaction or business relationship. It demonstrates the parties' serious intention to proceed with negotiations while typically maintaining non-binding status for most provisions except specific ones like confidentiality and exclusivity. The document follows Singapore's common law principles and must comply with local contract formation requirements.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Letter Of Intent Signature

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Letter Of Intent Signature?

The Letter of Intent Signature is commonly used in Singapore business transactions as a precursor to a definitive agreement. It serves to memorialize the parties' preliminary understanding and commitment to negotiate in good faith. This document typically includes key commercial terms, timelines, and any binding obligations like confidentiality or exclusivity. Under Singapore law, careful attention must be paid to clearly distinguish between binding and non-binding provisions to avoid unintended legal consequences. The Letter of Intent Signature is particularly valuable in complex transactions where detailed due diligence and negotiations are anticipated.

What sections should be included in a Letter Of Intent Signature?

1. Intent Declaration: Clear statement of the parties' intention to enter into negotiations

2. Project/Transaction Overview: Brief description of the proposed transaction or project

3. Key Terms: Major commercial terms being considered

4. Timeline: Proposed schedule for negotiations and completion

5. Binding vs Non-binding Provisions: Clear distinction between binding and non-binding clauses

What sections are optional to include in a Letter Of Intent Signature?

1. Exclusivity: Terms specifying exclusive negotiation rights between parties. Include when dealing with competitive situations or significant transactions.

2. Break Fee: Provisions for compensation if one party terminates negotiations. Relevant for high-value transactions with significant due diligence costs.

3. Confidentiality: Terms governing the handling and protection of sensitive information shared during negotiations.

What schedules should be included in a Letter Of Intent Signature?

1. Term Sheet: Summary of key commercial terms being considered

2. Timeline Schedule: Detailed breakdown of proposed negotiation and completion dates

3. Corporate Authority Documents: Evidence of signatories' authority to execute the LOI

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Singapore

Publisher

Genie AI

Document Type

Letter of Intent

Cost

Free to use
Relevant legal definitions




















Clauses




















Industries

Singapore Contract Law: Common Law principles that form the basis of contract formation, execution, and enforcement in Singapore

Contract and Commercial Law Chapter 53: Singapore's primary legislation governing commercial contracts and business relationships

Electronic Transactions Act: Legislation governing the validity and use of electronic signatures and digital contracts in Singapore

Misrepresentation Act (Cap. 390): Law dealing with false statements or misrepresentations made during contract formation

Unfair Contract Terms Act (Cap. 396): Legislation controlling the use of unfair terms in contracts and protecting against unreasonable contract provisions

Civil Law Act (Cap. 43): Fundamental legislation governing civil matters including certain aspects of contract law in Singapore

Competition Act: Law governing business combinations and preventing anti-competitive practices in Singapore

Companies Act: Primary legislation governing corporate entities and their operations in Singapore

UNCITRAL Model Law: International framework for cross-border commercial transactions and dispute resolution

International Arbitration Provisions: Rules and regulations governing international dispute resolution tHRough arbitration

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Real Estate Letter Of Intent

A Singaporean document expressing a buyer's interest in property, outlining key terms for negotiation.

find out more

Non Binding Offer

A Singapore legal document outlining initial non-binding business terms for preliminary negotiations.

find out more

Non Binding Letter Of Intent

A Singaporean document outlining preliminary business terms without legal obligations, except for designated binding provisions.

find out more

Letter Of Interest

A Singaporean document expressing intent to initiate business relationships, outlining key terms and confidentiality provisions.

find out more

Letter Of Intent To Purchase

A Singaporean document outlining preliminary terms for significant purchase transactions, with binding confidentiality and exclusivity clauses.

find out more

Letter Of Intent To Bid

A Singaporean document formally expressing a company's intent to participate in a competitive bidding process.

find out more

Letter Of Intent Startup

A Singaporean legal document outlining startup intentions for investment or partnerships, with non-binding preliminary terms.

find out more

Letter Of Intent M&A

A Singaporean legal document outlining preliminary M&A terms, including confidentiality and exclusivity provisions.

find out more

Letter Of Intent Job Offer

A Singaporean document confirming preliminary job offer details, compliant with Employment Act and MOM guidelines.

find out more

Letter Of Intent For Business

A Singaporean document outlining preliminary business terms, maintaining flexibility for future negotiations and agreements.

find out more

Letter Of Intent Film Production

A Singaporean legal document outlining preliminary collaboration intentions for a film project, complying with media regulations.

find out more

Letter Of Intent Cooperation

A Singaporean document outlining preliminary collaboration intentions, maintaining flexibility and confidentiality in business negotiations.

find out more

Letter Of Intent

A Singaporean legal document outlining preliminary terms for commercial transactions, with optional binding confidentiality and exclusivity clauses.

find out more

Grant Letter Of Intent

A Singaporean document expressing preliminary interest in grant funding, outlining key terms without binding commitment.

find out more

Binding Letter Of Intent

A Singaporean legal document outlining preliminary business transaction terms with binding and non-binding provisions.

find out more

Commercial Real Estate Letter Of Intent

A Singaporean document outlining preliminary terms for commercial real estate transactions, with potential binding confidentiality clauses.

find out more

Non Binding Offer Letter

A preliminary, non-binding proposal document under Singapore law that outlines potential terms without creating legal obligations.

find out more

Letter To Tenant Of Intent To Sell Property

A Singapore-compliant formal notice from landlord to tenant regarding the intended sale of a leased property.

find out more

Letter Of Intent To Purchase Product

A Singapore-law governed preliminary document expressing intention to purchase specific products, outlining key terms and conditions.

find out more

Letter Of Intent To Continue Teaching

A formal document used in Singapore expressing a teacher's intention to continue their teaching position, adhering to local employment and education regulations.

find out more

Letter Of Intent Small Claims Court

A formal notice of intent to file a claim tHRough Singapore's Small Claims Tribunal, outlining dispute details and claim amount.

find out more

Letter Of Intent Simple

A preliminary document under Singapore law outlining basic terms and understanding between parties before a formal agreement.

find out more

Letter Of Intent Signature

A preliminary agreement under Singapore law outlining proposed transaction terms and parties' intentions to proceed with negotiations.

find out more

Letter Of Intent Salary

A preliminary employment document under Singapore law that outlines proposed salary and basic employment terms before formal contract execution.

find out more

Letter Of Intent In English

A preliminary document under Singapore law outlining proposed terms of a transaction, serving as a framework for negotiations with both binding and non-binding elements.

find out more

Letter Of Intent In Contract

A preliminary document under Singapore law outlining proposed terms for a future agreement, serving as a framework for negotiations.

find out more

Letter Of Intent For Transfer To Another Branch

A formal document used in Singapore to outline the preliminary agreement for an employee's internal transfer to another branch location.

find out more

Letter Of Intent For Training

A preliminary document used in Singapore that outlines proposed terms for training arrangements between parties, subject to local regulations.

find out more

Letter Of Intent For Restaurant Lease

A preliminary agreement under Singapore law expressing intent to lease commercial space for restaurant operations.

find out more

Letter Of Intent For Renewal

A Singapore-governed formal document expressing intention to renew an existing contract, serving as a preliminary commitment while final terms are negotiated.

find out more

Letter Of Intent For Product Demonstration

A formal document under Singapore law that establishes terms and conditions for conducting a product demonstration between interested parties.

find out more

Letter Of Intent For Payment

A Singapore-compliant document expressing formal commitment to make a specified payment under defined terms and conditions.

find out more

Letter Of Intent For Mayor

A formal expression of intent to serve as a CDC Mayor in Singapore, outlining qualifications and commitment to the role.

find out more

Letter Of Intent For Leave Of Absence

A formal document under Singapore employment law that declares an employee's intention to take an extended leave of absence from work.

find out more

Letter Of Intent For Business Supplier

A Singapore-governed preliminary document outlining intended supplier-buyer business relationships and key terms for future negotiations.

find out more

Letter Of Intent For Business Closure

A formal declaration of intent to cease business operations under Singapore law.

find out more

Letter Of Intent For Administrative Officer

A preliminary employment document used in Singapore that outlines the intent to hire an Administrative Officer, including basic terms of employment and conditions.

find out more

Letter Of Intent For Accreditation As Contractor

A formal declaration to Singapore's BCA expressing intention to become an accredited contractor, including registration category and compliance commitments.

find out more

Letter Of Intent Financial Assistance

A preliminary document under Singapore law outlining intended terms for financial support between parties.

find out more

Letter Of Intent Addressed To The Mayor For Scholarship

A formal letter to Singapore's Mayor expressing intent to apply for municipal scholarship programs.

find out more
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it