Letter Of Intent December 6, 2013Letter of Intent • December 13th, 2013 • Monarch Investment Properties, Inc. • Blank checks
Contract Type FiledDecember 13th, 2013 Company IndustryThis Letter of Intent (the “LOI”) sets forth certain understandings between The 360 Agency, LLC (hereinafter “360”), and Monarch Investment Properties Inc. (hereinafter “Monarch”), regarding the merger of 360 with and into Monarch (the “Merger”) and certain other agreed upon actions amongst the parties. The parties agree that this LOI sets out the key terms of the Merger and certain other agreed upon actions to be taken by the parties. The parties agree to negotiate and enter into a comprehensive merger agreement (the “Merger Agreement”) to evidence such sale.