Software developers, before you sign a formal agreement to set up a strategic software development partnership, make sure all parties have the same understanding of the terms by putting them down in this
Letter of Intent. Key points of the Letter of Intent include:
- ownership of the final software products;
- confidentiality provisions;
- joint responsibility of the partners for marketing and advertising the products;
- revenue splitting;
- The letter of intent itself is not legally binding, but rather it is a means of ensuring that both parties agree in principal on the terms before executing a formal, final and legally binding agreement.
This
Letter of Intent for Strategic Software Development Partnership is provided in MS Word format and is fully editable to meet your needs.