The Letter Of Intent Expiration Date document serves as a crucial tool in business negotiations under Dutch law, typically used when parties are seriously considering a significant transaction but need to formalize their preliminary understanding before proceeding with detailed due diligence or final agreements. This document type is particularly relevant in scenarios where parties need to establish clear timeframes for negotiations while maintaining flexibility. It includes key terms, conditions, and importantly, a specific expiration date that creates urgency and prevents indefinite preliminary negotiations. Under Dutch jurisdiction, while most provisions are non-binding, certain elements like confidentiality and exclusivity can be made binding, and the document must comply with Dutch Civil Code principles regarding pre-contractual good faith (redelijkheid en billijkheid). The expiration date feature helps manage expectations and resources by ensuring parties either progress to definitive agreements or conclude discussions by a specific date.

1. Letter Header: Company letterhead, date, and recipient's full details

2. Subject Line: Clear identification of the document as a Letter of Intent and brief description of the proposed transaction

3. Introduction: Identification of the parties and their authorized representatives

4. Transaction Overview: Brief description of the proposed transaction or business relationship

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

6. Expiration Provision: Clear statement of when the LOI will expire if not acted upon

7. Non-Binding Nature: Express statement about which provisions are non-binding and which (if any) are binding

8. Closing: Signature blocks and formal letter closing