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From: "Richard Hughes" <[email protected]>
Reply: "Richard Hughes" <[email protected]>
Date: 25 Sep 2020 19:36:32 -0700
Subject: Joint Investment
JOINT VENTURE ? CONFIDENTIAL
Dear Business Associate,
This letter is intended to set forth a letter of intent to provide
funding support for business agreement as mandated by my client for
investment purposes with your expertise and knowledge with a
good percent return in an active and passive form.
1. Structure Our objective is to establish a joint venture through
formation of a new entity or use of an old entity to jointly managed
asset on behalf of my client worth 56.3 Millions Dollars. Our initial
belief as to the overall structure and purpose of the venture is set
forth in a properly documented in definitive agreements.
2. Negotiations We agree to negotiate to determine if the joint
venture will be appropriate for the parties, provided, however, you
agree to not negotiate or enter into or continue discussions with any
other person or company or solicit or encourage, directly or
indirectly, or furnish information to any other person or company,
with respect to a similar business arrangement, during the forty
five (45) days following the date this letter is accepted by you. The
parties shall use best efforts to maintain at all times as
confidential information the fact that you or we have executed this
letter, the terms of this letter and the existence and content of any
negotiations between us.
3. Construction This letter shall be construed according to its fair
meaning and not strictly for or against either party. This letter does
not, and is not intended to impose any binding obligations on the
parties. In the current market environment, sophisticated investors
know that building portfolio resilience and reducing downside
volatility is essential.
If you are interested in joint venture investment, please reply this
email so that we can move forward to sign NDA and meeting.
Sincerely yours,
Richard Hughes,
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