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Letter of Intent GuidanceUPDATED | 10/13/2022The Letter of Intents (LOIs) are required for all new subagreements. Outgoing LOIs are used when agreements are issued with UNC as the pass-through entity.
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Start by addressing the recipient of the letter.
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Clearly state the purpose of the letter.
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Provide details about the terms and conditions of the proposed agreement.
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Include any necessary contact information for further communication.
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Sign the letter with your full name and date.

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A letter of intent (LOI) is a document outlining an agreement between two or more parties before the agreement is finalized.
Individuals or organizations entering into a business agreement may be required to file a letter of intent (LOI).
To fill out a letter of intent (LOI), you will need to include key terms and conditions of the agreement, as well as the names and signatures of the parties involved.
The purpose of a letter of intent (LOI) is to establish the framework of a potential agreement and demonstrate commitment to moving forward with negotiations.
Information such as the parties involved, key terms of the agreement, and the anticipated timeline for finalizing the agreement must be reported on a letter of intent (LOI).
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