Letter of intent example

Sample letter of intent

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Extract : 
Mr. or Ms. [write in the artist’s first and last names], hereinafter the artist

[write in name], hereinafter the museum, represented by [first and last names and title]
Through this letter, the parties manifest their intention, established by common agreement, to work together to produce the project described below.

The parties agree that a contract must be signed at least three (3) months before the project begins. The artist must undertake no expenditures related to preparation of the project before the contract is signed, it being understood that production of the project may be conditional on obtaining sufficient financial resources.