Standard form letter of intent (also known as heads of terms, term sheet or memorandum of understanding), by which the parties outline their intention to buy and sell all the shares in a privately-owned company incorporated and registered outside China.

This document provides a plain English, jurisdiction-neutral starting point for local counsel to adapt for use in cross-border transactions where the buyer is Chinese.

This Standard Document is available in Chinese. To download a Word version of this Standard Document in Chinese, click Standard Document, Letter of Intent: China Outbound Acquisition (Chinese Language Version).