Confidentiality is a mandatory variable that appears in the Letter of Intent.

Choose which of these works best for your situation.

Mutual

The template default. Choosing this option will require both you and your counterparty to protect and not share each other’s confidential information. You have the option to create an exception that allows you to disclose the existence of the LOI to investors or potential acquirers.

One-way protective of Provider

This option is similar to the mutual option above, but only places confidentiality obligations on your counterparty. This means your company does not have any confidentiality obligations and you can disclose the LOI to potential investors or acquirers.

Incorporating an Existing NDA

If you have already signed an NDA with your counterparty, you may wish to use the existing NDA and apply its confidentiality obligations to the LOI. You have the option to create an exception to the NDA that allows you to disclose the existence of the LOI to investors or potential acquirers.

Custom

This option provides you with the most flexibility. Select this to create confidentiality obligations using your own language.