Non-Binding Letter Sample Contracts

NON-BINDING LETTER OF INTENT

Non-Binding Letter • February 1st, 2022 • TNT Franchise Fund Inc. • Investors, nec • Indiana

• Contract Type
  Non-Binding Letter
• Filed
  February 1st, 2022
• Company
  TNT Franchise Fund Inc.
• Industry
  Investors, nec
• Jurisdiction
  Indiana

This Non-binding Letter of Intent (the “Letter of Intent”) is made between Smash Franchise Partners, LLC (“SFP”) and _TNT Franchise Fund, Inc.____ and/or its designee or assignee (“Prospective Franchisee”) (together, with SFP, each a “Party” and collectively the “Parties”) and sets forth the general terms and conditions of the Parties’ agreement for Prospective Franchisee to purchase one or more Smash My Trash franchises from SFP for operation in certain territories described below (the “Proposed Transaction”). This Letter of Intent contains the non-binding provisions of understanding between SFP and Prospective Franchisee. This Letter of Intent is not intended to, and does not, impose any legal obligations on either Party to proceed with the Proposed Transaction.