Termination of Letter of Intent Sample Contracts

Termination of Letter of Intent
Termination of Letter of Intent • August 22nd, 2019 • 2050 Motors, Inc. • Perfumes, cosmetics & other toilet preparations

As we have not been able to reach a definitive agreement for a transaction in a reasonable timeframe, this correspondence serves to terminate our June 7, 2019 executed Letter of Intent (“LOI”) to purchase 10% of LVG1 equity using 100,000 Series B Preferred Shares of 2050 Motors, Inc. convertible into 100,000,000 common shares. We continue to desire a reseller relationship to offer your myriad cannabis products and travel services on our upcoming social network @ www.kanab.club to be launched later this year. My offer to appoint you to our Advisory Board and to integrate your network of media properties into Kanab’s forthcoming video streaming launch stands (i.e., dongle unit). If it makes sense for all parties, we can revisit an equity swap or other capital markets transaction in the future.

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TERMINATION OF LETTER OF INTENT
Termination of Letter of Intent • February 5th, 2018 • Samson Oil & Gas LTD • Drilling oil & gas wells

This Notice of Termination (this "Notice") states the mutual agreement of Firehawk Oil and Gas, LLC (“FOG”) and Samson Oil and Gas Ltd. ("Samson”) (together, the “Parties”) to terminate the January 20, 2018, Letter of Intent (the “LOI”) between the Parties by which FOG expressed its intention to buy, and Samson its intention to sell, certain oil and gas leases and wells in the states of Montana and North Dakota (the “Assets”).

THE NEPTUNE SOCIETY, INC. 4312 Woodman Avenue, Third Floor Sherman Oaks, California 91423 Telephone: (818) 953-9995 October 14, 2003
Termination of Letter of Intent • October 15th, 2003 • Neptune Society Inc/Fl • Services-business services, nec

The purpose of this letter is to confirm our agreement to terminate without liability, effective as of the date first above written, the letter of intent dated August 25, 2003 between The Neptune Society, Inc. (“Neptune Society”) and The Apogee Companies, Inc. (“Apogee”). We understand that both parties remain subject to the confidentiality provisions after the termination of the letter of intent and that each party will return to the other all confidential information provided after the date of the letter of intent. You may forward the confidential information regarding Neptune Society to my attention at the above address and we shall forward to you any confidential information regarding Apogee to you at your address above.

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