ROUTINE FOR ISSUING A FULL LOI

1. Understand the purpose and details of the proposed business transaction.

2. Draft the FULL LOI, outlining all the terms and conditions of the proposed transaction.

3. Review the FULL LOI with legal counsel for both parties to ensure accuracy and clarity
of the terms and conditions.

4. Present the FULL LOI, either in person or electronically, to the interested party.

5. Obtain written confirmation of acceptance of the proposed terms and conditions, and

6. Begin to negotiate the final details and prepare the necessary documents for the
transaction.

7. Discuss and agree on which documents will be required and included in the FULL LOI
(e.g. financial information, legal information, property information, company
information, information on guarantees, other documents such as confidentiality
agreement, terms of exclusivity etc).

8. Verify and confirm the authority of the person signing the FULL LOI before proceeding.

9. Sign the FULL LOI by authorized representatives of the parties involved in the
transaction.

10. Remember that the FULL LOI is not a binding contract, but rather a letter of intent.

11. Choose a trusted electronic signature tool that meets your needs and provides security
and reliability for electronic signatures, and that is compatible with the legal and
regulatory requirements of the country where the transaction is being carried out.

Export Team