Agreement of intent between legal entities and individuals

Example letter of intent

Agreement of intent

Kemerovo April 11, 2021

We, the undersigned,

Limited Liability Company "Sibiriada", OGRN 114945246813, location: 650015, Russia, Kemerovo region, Kemerovo, st. Zavodskaya, 14, of. 305, represented by director Konstantin Borisovich Sinyukhin, acting on the basis of the Charter, referred to as “Party 1” on the one hand,

Limited Liability Company "SpartaK", OGRN 14568951364, location: 650153, Russia, Kemerovo region, Novokuznetsk, st. Lenin, 105, represented by representative Ivanov Arkady Stepanovich, passport of a citizen of the Russian Federation series 01 14 No. 1946325, issued by the Department of Internal Affairs of the city of Novokuznetsk, Kemerovo region on June 3, 2005, unit code 425-315, registration address: Kemerovo region, Novokuznetsk city, st. . Lazurnaya, 105, apt. 12, acting on the basis of power of attorney No. 5 dated February 27, 2018, referred to as “Party 2” on the other hand

and collectively referred to as the “Parties”, have entered into this agreement as follows:

1. The Parties are guided on the merits of this Agreement by the current legislation of the Russian Federation, directly or indirectly regulating the relations of the Parties, the constituent documents of the Parties, as well as regulations that may be adopted by the competent authorities during the period of validity of this Agreement.
2. The parties agreed that their intentions and interests, production and financial potential correspond to the establishment of long-term and mutually beneficial cooperation in the field of land lease 42:31:38923:16, 42:31:38923:17, 42:31:38923:20, located near the village Tashtagol, Novokuznetsk region, Kemerovo region.
3. Party 2, from the moment of signing this Agreement, undertakes to prepare documentation and perform the following actions at its own expense:

– prepare a boundary plan for each plot of land,

– carry out cadastral registration of each land plot

– conclude land lease agreements with the authorized body with the right to transfer rights and obligations to third parties.

1. Party 1 undertakes to conclude land sublease agreements with Party 2 within 10 working days after Party 2 signs the main lease agreements with the authorized body. The term, price, and obligations of the Parties are established by the sublease agreement by agreement.
2. The parties undertake not to interfere with each other's operational activities.
3. This Agreement comes into force upon signing and is valid until October 1, 2021. Upon expiration of the term, the Agreement shall cease to be valid and shall not bind the Parties.
4. This Agreement is drawn up in two copies having equal legal force, one copy for each of the Parties.
5. Details of the parties:

Director of Sibiriada LLC K.B. Sinyukhin

Representative of SpartaK LLC A.S. Ivanov

Contents and sample agreement

You can get acquainted with a sample of a standard contract and its structure on the Internet, and most often in examples of this document the following clauses will be present:

1. A specific date or period within which the main contract must be signed.
2. Approximate price of the subject of the contract: this can be the cost range of goods sold, work performed or services performed.
3. Availability of actions regarding the involvement of third parties in the transaction - appraisers, experts, intermediaries.
4. The outcome of the agreement in the form of a decision that negotiations will continue.

Sample agreement of intent for the supply of seafood

If the agreement does not indicate the time frame or validity period of the main agreement, then the general rules of Civil Law regarding such agreements are applied to it. According to them, the validity of the agreement will be one year from the date of its signing.

Sometimes in the text of the document there is such a clause as “other conditions”. It may include:

• the need and timing of providing all necessary documents (this could be certificates, licenses);
• a list of factors that, within the framework of this agreement, will be considered force majeure circumstances;
• the possibility of one of the partners refusing to complete the transaction in the future;
• possible consequences, sanctions and fines for the party that does not fulfill its obligations.

Like all other agreements, this agreement must be concluded in two copies. Each partner must have one sample, which in the face of the law will have the same legal force. If there are more parties to the agreement (which is quite acceptable), the number of required copies will increase.

The form of the agreement is written, and notarization is not necessary. Even in this case, the letter of intent will be valid during the trial, since in court all available documents are always taken into account.

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What is a letter of intent

An agreement of intent is used to record the will of the parties regarding any activity. In this case, the main agreement is not concluded due to the lack of possibility - mandatory documents, financing, etc. or inexpediency.

Moreover, if we are talking about a specific transaction, for example, the sale of a car, real estate, or other goods, it is more advisable to conclude a preliminary agreement, correctly describing the subject and other essential conditions. And when the meaning of the agreement is to consolidate the will of the parties to act together in a certain area - an agreement of intent.

Within the framework of the signed letter of intent, various types of transactions can be concluded. From the delivery of goods, agency agreements to the purchase and sale of objects. Having an agreement of intent will allow you to use it as evidence in civil cases, confirm the will of the parties, and recover damages or penalties.

In what cases is it necessary to conclude an agreement?

An agreement of intent is an agreement according to which its parties in the future will be obliged to conclude another, main agreement.

An agreement of intent is concluded in cases where both parties to a future transaction want to consolidate their cooperation. It spells out all the nuances and subtleties of the future contract, and their wording must be specific and clear.

For example, the following action designation may be used:

• the parties intend to sign this agreement within...;
• the period within which the parties enter into an agreement is... etc.

Only if such specifics are available will the agreement have any legal force. Otherwise, the document may not be recognized as a contract at all, and therefore compliance with its terms will become optional for the parties.

Sample agreement between individuals

Agreements between individuals are regulated by such an important legal document as the Civil Code of the Russian Federation.

When drawing up such an agreement, the following information must be indicated:

1. Last name, first name and patronymic of each participant in the business relationship;
2. Contact details of interested citizens , for example, telephone numbers and email addresses, through which the parties to the agreement can contact each other and resolve issues according to the activities specified in the agreement;
3. The name of the address where the services provided for in the agreement will be provided;
4. The essence of the agreement. This paragraph should indicate the specific tasks that each participant in this document will have to perform;
5. If necessary, you can include in this agreement some references to specific articles specified in the relevant laws or codes;
6. Actions of the party that is the performer in the event of force majeure circumstances;
7. Signatures of interested citizens.

Sample letter of intent

The letter of intent is also called a preliminary agreement . Such an agreement is usually concluded if the parties to the agreement, for certain reasons, cannot conclude the main agreement right now, but plan to do so after some time.

Possible reasons include, for example, incomplete readiness of the goods for sale or when one of the parties to the contract does not have the necessary documents with them to conclude the main contract.

The preliminary agreement must contain the following important information, which will be indicated later when drawing up the main agreement between these interested parties:

• Subject of the agreement;
• For what period will the contract be concluded?
• Conditions that both parties to the agreement will have to fulfill.

The letter of intent consists of the following important points:

1. Title of this document;
2. Initials of concerned citizens;
3. Description of the main agreement that the parties are going to conclude in the near future;
4. Duration of this agreement;
5. Responsibility of citizens for possible violations of the terms of the contract. For a certain violation, the party to the contract who was responsible for completing a specific task will have to pay a penalty or fine to the other party;
6. If, by agreement of citizens, an advance payment will be made, then the very fact of transfer of money must be reflected in the text of this document.
7. Date of compilation of this important paper;
8. Signatures of interested parties.

Sample cooperation agreement

In order for interested parties to correctly draw up a cooperation agreement, they need to follow the following algorithm:

Describe the activities that will be carried out under this agreement. Such activities may include, for example:

• Technical support, which will consist of providing specific equipment to the other party to the contract;
• Creation and implementation of joint projects.

• Specify the responsibilities of each stakeholder. In this paragraph, it is mandatory to indicate the tasks for each of the partners, namely which of the parties to the agreement will be responsible for which type of activity;
• One of the clauses of the agreement specifies an important point, which will indicate that the parties to the agreement are obliged not to disclose the trade secret of this agreement to anyone;
• The “Settlement Procedure” clause must always indicate the amount of monetary remuneration that each of the parties to the agreement can receive when conducting common projects;
• Particular attention should be paid to the writing of the “Force Majeure” clause. Exactly the reasons for the delay in completing the task will not be the fault of one of the partners of the agreement. This could be, for example, fires or floods. It should also be borne in mind that if there is a possible forecast of failure to fulfill obligations to the second party to the agreement, the first partner must warn his business colleague about this problem at least 14 working days in advance;
• The agreement must contain a clause “Termination of the agreement”, which states that the party who decides to terminate the business relationship in accordance with this document must notify his colleague two months before the termination of this agreement;
• of the contract is indicated
• The parties to the agreement must put their signature on each sheet of the document;
• This agreement is always drawn up in two copies for each participant in the commercial business.

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Sample partnership agreement

Partnership Agreement


can be drawn up between two or more participants who will sign this document to achieve a specific similar goal.

This goal will almost always be to make a profit. Under the terms of this agreement, each partner will be required to perform specific work tasks.

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In such an agreement, the following points must be spelled out in detail for each of the parties:

• What actions are the responsibilities of a particular concerned citizen;
• What will each of the contract partners be responsible for to their superiors;
• Equity participation , if provided for in an agreement drawn up between commercial partners.

Sample agreement for work performance

The parties to the work agreement may be:

1. Individuals;
2. Individuals.

The list of such work may, for example, include the following:

• Citizen service work , for example, construction or plumbing work, which will be carried out by the contractor in the premises where the interested citizen is the owner;
• Providing photography services;
• Labor activity of an individual.

Regardless of the type of activity that the contractor will perform, he will have to enter into a special agreement. Such an agreement is called a “works agreement.”

This particular contract should contain the following information:

1. Name and number of the document being compiled;
2. Information about the customer and contractor;
3. Name of the city in which the work will be performed after signing the contract;
4. Responsibilities of each party to such an agreement;
5. The terms under which one party's obligations to its business partner will be fulfilled. Such conditions usually include deadlines for performing a certain type of activity;
6. Possible penalties for failure to complete work by the specified time;
7. Terms of payment for work performed;
8. Methods for transferring earned funds to the contractor;
9. The date on which this agreement was drawn up;
10. Signatures of the parties involved in writing this agreement.

What is the significance of this agreement?

The psychological aspect is also important. When concluding it, the parties undertake to perform certain actions, that is, in essence, they make a promise. And the ability to fulfill your promises and keep your word is one of the most important qualities of a businessman.

If he does not fulfill the terms of the agreement, he may be known in business circles as a frivolous person who cannot be trusted and who does not know how to fulfill his obligations. And no serious business representative would want to enter into a business relationship with such a person.

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Download the agreement of intent for the lease of non-residential premises (Size: 45.0 KiB | Downloads: 3,797)

Download a sample agreement of intent for the supply of goods (Size: 42.5 KiB | Downloads: 5,816)

Sep 10, 2019adminlawsexp

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What should you pay attention to?

When concluding a contract, all participants in a business relationship should pay attention to the following important points:

1. If the agreement says

   
   sano about advance payment

   , then in this case, upon termination of the contract, one of its participants will be returned the amount that he previously gave to his colleague in the contractual relationship;
2. When such an agreement contains information about a deposit, then one of the parties to the agreement will have to return double the amount to its partner;
3. Particular attention should be paid to the fact that if, for example, decisions made by a village or city council are indicated as unforeseen circumstances in the agreement, then it is better not to conclude such an agreement in order to avoid various misunderstandings between the participants in business relations in the future;
4. The drawn up agreement must be numbered . It also needs to be laced;
5. All pages of the agreement must be signed by all interested citizens