LETTER OF INTENT BY WHICH HEARTLAND, INC. (a Maryland corporation) SHALL ACQUIRE OHIO VALLEY LUMBER (a Delaware corporation)Letter of Intent • September 27th, 2005 • Heartland, Inc. • Non-operating establishments
This letter, when countersigned, will confirm our intent to purchase, in the transaction described below, all of the outstanding stock of NKR, Inc./dba Ohio Valley Lumber. This letter of intent is delivered for the purpose of setting forth our intentions and to confirm your interest in proceeding further to an acquisition contract. Our agreement is on the terms, and subject to the conditions, described below.
