A Letter Of Intent To Sell Shares is commonly used in Belgian business transactions as a preliminary step before entering into a definitive share purchase agreement. It serves multiple purposes: documenting the serious intention of both parties to proceed with the transaction, outlining the key terms and conditions of the proposed share sale, and establishing the framework for due diligence and further negotiations. While predominantly non-binding, it typically includes certain binding provisions such as confidentiality, exclusivity, and break fees. The document must comply with Belgian law, particularly the Belgian Code of Companies and Associations and the Belgian Civil Code. It's especially important in complex transactions where parties need to establish clear parameters before investing significant resources in due diligence and detailed negotiations. The document also often serves as a basis for obtaining preliminary board approvals or financing commitments.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Date and Addresses: Full names and addresses of both parties (seller and potential buyer)
2. Salutation: Formal greeting to the recipient
3. Subject Line: Clear indication that this is a Letter of Intent regarding share sale
4. Introduction: Brief introduction identifying the parties and the company whose shares are being discussed
5. Transaction Overview: Description of the proposed transaction, including number of shares, preliminary price or price range, and company details
6. Non-Binding Nature: Clear statement that this is a non-binding letter of intent, except for specific binding provisions
7. Key Terms: Outline of the fundamental terms of the proposed transaction
8. Due Diligence: Proposed timeline and scope for due diligence process
9. Exclusivity Period: Duration during which the seller agrees not to negotiate with other potential buyers
10. Confidentiality: Statement regarding the confidential nature of discussions and any reference to existing NDAs
11. Timeline: Proposed schedule for completing the transaction
12. Closing: Professional closing statement
13. Signature Blocks: Space for signatures of both parties
1. Break Fee: Include when parties want to specify compensation if either party withdraws from negotiations
2. Financing Contingency: Include when buyer's ability to complete the purchase depends on obtaining financing
3. Regulatory Approvals: Include when the transaction may require specific regulatory clearances
4. Employee Matters: Include when there are specific agreements or concerns regarding key employees
5. Intellectual Property: Include when IP assets are a crucial part of the company's value
6. Existing Shareholder Rights: Include when there are other shareholders with pre-emptive or other rights
7. Post-Closing Cooperation: Include when specific post-transaction cooperation is required
1. Share Information Schedule: Details of the shares being sold, including class, rights, and any encumbrances
2. Company Information Summary: Brief overview of the company's business, financial position, and key assets
3. Preliminary Price Calculation: If applicable, outline of how the preliminary price was determined
4. Key Terms Sheet: Summary of principal terms and conditions for the proposed transaction
Find the exact document you need
LOI Letter
A Belgian employment law letter (LOI Letter) that establishes the formal employment relationship and key terms under Belgian jurisdiction.
Download
LOI Form
A Belgian employment contract (LOI Form) that outlines employment terms and conditions in compliance with Belgian federal and regional laws.
Download
Letter Of Intent (Finance)
A preliminary financial agreement under Belgian law outlining proposed transaction terms and conditions, serving as a framework for further negotiations while maintaining a generally non-binding nature.
Download
Non Binding Letter Of Intent To Purchase Business
A non-binding preliminary agreement under Belgian law expressing intent to purchase a business and outlining key terms for negotiation.
Download
Letter Of Intent To Rent
A preliminary document under Belgian law outlining the intended terms and conditions for a proposed rental arrangement, serving as a framework for subsequent lease negotiations.
Download
Letter Of Intent Private Equity
A preliminary agreement document under Belgian law outlining key terms and conditions for private equity investments, establishing framework for negotiation while maintaining primarily non-binding nature.
Download
Letter Of Intent For Diesel Purchase
A preliminary document under Belgian law outlining intended terms for a diesel purchase transaction, setting the framework for negotiating the final agreement.
Download
Letter Of Intent Closure Of Business
A formal document under Belgian law declaring intent to cease business operations, outlining closure timeline and procedures.
Download
Letter Of Intent To Buy A Business
A preliminary document under Belgian law outlining the proposed terms and conditions for a business acquisition, serving as a framework for negotiations and due diligence.
Download
Letter Of Intent To Buy
A preliminary document under Belgian law outlining proposed terms and conditions for a potential purchase transaction, combining both binding and non-binding elements.
Download
Letter Of Intent For Distributorship
A Belgian law-governed preliminary agreement outlining the intended framework and key terms for a future distribution relationship between a supplier and distributor.
Download
Job Offer Letter Of Intent
A preliminary employment document under Belgian law outlining proposed employment terms and conditions, serving as a formal indication of intent to hire.
Download
Intent To Purchase Agreement
A Belgian-law governed preliminary agreement that establishes binding commitments between buyer and seller for a proposed purchase transaction, outlining key terms and conditions.
Download
Letter Of Intent To Purchase Land
A Belgian law-governed preliminary document expressing a potential buyer's intention to purchase land, outlining key terms and conditions for the proposed transaction.
Download
Letter Of Intent To Sell Shares
A preliminary document under Belgian law outlining the proposed terms and conditions for a share sale transaction, serving as a framework for subsequent negotiations.
Download
Letter Of Intent To Supply Goods
A preliminary agreement under Belgian law outlining the intended terms for the supply of goods, serving as a framework for negotiating a final supply agreement.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 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