The Confirmation Letter of Intent is a crucial document in the preliminary stages of significant business transactions under Swiss law. It serves as a formal expression of parties' intentions to enter into a business arrangement, outlining the fundamental terms and conditions while maintaining flexibility for detailed negotiations. This document type is particularly valuable in complex transactions where parties need to demonstrate commitment without creating full contractual obligations. While primarily non-binding, certain provisions such as confidentiality, exclusivity, and governing law clauses are typically binding. The document helps structure negotiations, establish timelines, and provide a framework for due diligence, while reflecting Swiss legal principles of good faith in business dealings. The Confirmation Letter of Intent is commonly used in mergers and acquisitions, joint ventures, significant commercial contracts, and investment transactions, providing a balanced approach between formal commitment and negotiation flexibility.

1. Letterhead and Date: Company letterhead with full legal entity name, address, and date of the letter

2. Recipient Details: Full name, title, and address of the recipient company and its representative

3. Subject Line: Clear identification as 'Letter of Intent' with brief reference to the proposed transaction

4. Introduction: Brief introduction identifying the parties and general purpose of the LOI

5. Transaction Overview: High-level description of the proposed transaction or business relationship

6. Key Terms: Outline of the principal terms and conditions being considered

7. Timeline: Proposed schedule for negotiations, due diligence, and potential completion

8. Non-Binding Nature: Clear statement about the non-binding nature of the LOI (except for specific provisions)

9. Binding Provisions: Identification of which provisions are intended to be binding (typically confidentiality, exclusivity, and governing law)

10. Closing: Formal closing, including signature blocks for both parties