Letter of Intent (LoI)

Intensjonsavtale til bruk i forbindelse med partnerskap med kunder, leverandører eller partnere.

LETTER OF INTENT


By and between

Name:        

Entrepedia AS,         

Reg.no.:919725109

Address:

Gaustadalleen 21,

0349 Oslo        

(the "Company")

and

Name:        

[=Customer/Supplier/Partner name]

Reg.no.:[=Org.number.]

Address:

[=Customer/Supplier/Partner address]

(the "Partner")

a Letter of Intent (the "Agreement") has on Date: 2022-11-29  been entered into by the Company and the Partner, which together are designated as the “Parties”.


THE FOLLOWING HAS BEEN AGREED:

  1. Purpose

  1. This letter of intent means to declare the parties' shared willingness to enter into a [=development cooperation/business relationship] regarding [=describe the “project” and cooperation].

  1. Non-binding effect

  1. This letter of intent is a pledge that the parties are committed to procure the proposed collaboration in the most ethical and professional manner. It is not intended to be, and shall not constitute in any way, a legally binding document.

  1. The parties' performances in the Project

  1. The Company shall contribute the following to the Project:
  1. Expertise to carry out the Project.
  2. Coverage of costs, inclusive of public funding, up to a maximum of 80%.
  3. Active participation through coordination meetings, etc.
  4. [=Adapt the content to your project]
  1. The Partner shall contribute the following to the Project:
  1. Description of needs and specifications.
  2. Knowledge and expertise, alongside testing and validation of prototypes.
  3. Active participation through coordination meetings, etc.
  4. Designate and provide access to appropriate testing-sites.
  5. Coverage of costs up to a minimum of 15%.
  6. [=Adapt the content to your project]

  1. Entry into a [=development cooperation/business relationship]

  1. If the parties reach an agreement on how the Project will be executed and funded, a legally binding [=development cooperation/business/supplier] contract will be entered into, alongside any other relevant collaboration agreements among the parties if applicable.

*******

Acknowledged and agreed,

Entrepedia AS

____________________________

Name: [=name]
Title:
Founder, CEO
Date:

[=Customer/Supplier/Partner company name]

____________________________

Name: [=name]
Title: [=title]

Date:

Letter of Intent, Rev 1.0

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Letter of Intent (LoI)

Intensjonsavtale til bruk i forbindelse med partnerskap med kunder, leverandører eller partnere.

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