Free Carve-Out (Division Sale) LOI Generator
For buying a division or product line out of a larger company. Covers what transfers, transition services, shared contracts, and IP licensing back. Fill in the terms on the left. Your letter of intent updates on the right. Download it as a Word file when you're done.
What this template covers
- Business
- Structure
- Transferred assets
- Excluded assets
- Purchase price
- Liabilities
- Employees
- Transition services
- Shared IP
- Supply
Paragraphs marked binding, such as confidentiality and exclusivity, are meant to be enforceable. Everything else is non-binding. The example terms are only examples. Replace them with your deal. Use the × next to any term to remove it, or add your own terms at the bottom of the form.