Letter of Intent Similar to a term sheet, an LOI outlines the terms of a deal and is essentially an “agreement to agree.” Home Resources Startup Law Dictionary Letter of Intent Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :