Notes : This is just an example of Letter of Intent! :) January 30th, 2017 Choi Seunghan Diamond's, Inc. Dear Mr. Choi, We welcome the opportunity to submit a proposal to acquire the business of Diamond, Inc. and related companies operating approximately 20 retail stores in Seoul baked goods. We understand the desire to proceed expeditiously with a sale of the business. We are prepared to move quickly on the transaction and believe we are well suited to do so. This letter summarizes our proposal. 1. Purchase Price An entity newly formed by Mint, LLC would purchase substantially all of the operating assets, including all tangible and intangible assets, equipment, leases, contract rights, and intellectual property used in the business for a purchase price of one million one hundred thousand dollars ($1,100,000). Buyer will not assume any liabilities of the business of the company other than liabilities accruing after the closing under contr