This legal document serves as a template for drafting a Letter of Intent (LOI), which is a non-binding agreement indicating the intention of two parties to enter into a more formal and binding agreement in the future. The document outlines sections where users can input specific details related to the product, functionality, fees, and launch date, though these are optional. Confidentiality clauses offer multiple options, allowing parties to choose the most appropriate one for their situation. The LOI is designed for business negotiations by outlining initial terms, while also including confidentiality obligations that are binding, ensuring sensitive information is protected during the negotiation process.