[Full address of

LoA seeking party]

[Date]

Dear Dr. Ryckeboer,

We hereby submit a letter of intent to purchase a Letter of Access (LoA) from EurO3zon for the active substance ozone applicable under EU law, the Biocidal Product Regulation (EU 528/2012). We envisage that the principal terms of the proposed transactions would be substantially as follows.

We would acquire a Letter of Access for the active substance ozone including the following product types (PT): PT2, PT4, PT5 and PT11.

As consideration for this, we would provide compensation of [insert total sum here] based on the country specific LoA pricing as follows:

  • 1 country 75,000 Euro
  • 3 countries 150,000 Euro
  • 5 countries 225,000 Euro
  • All countries 350,000 Euro

The LoA shall be valid the following countries [insert all required countries here].

We are aware of the fairness clause: If the value of all ordered LoA before the inclusion of ozone into the EU List of Approved Active Substances is exceeding the total dossier cost (actually estimated at 2.25 MEUR), all surplus will be paid back and thus distributed between all LoA-owners. EurO3zon will provide overview of sold LoA every 6 months. The LoA pricing is valid until March 31, 2019.

The invoicewill be paid in one single payment after closing.I am aware that the LoA will only be issued by EurO3zon after the full payment was received.

This letter is not an official purchase agreement. All of the terms and conditions of the proposed transaction would be stated in the Purchase Agreement, to be negotiated, agreed and executed by both parties.

If we are selected as a prospective buyer, we anticipate that from the selection date to the closing will take no more than 45 days.

Sincerely,

[Signature, date, Name]

Instructions to use and additional information

Please send completed letter of intent to:

I.N.P.A. EurO3zon

FOA J. Ryckeboer

Eilandstraat 4

1981 Hofstade

Belgium

Instructions to use & notes:

  • There is no option available for deselecting PT groups. The LoA is only offered for all PT together as shown above.
  • Please fill in all red marked areas
  • Insert your full address, telephone and email and date
  • You need to determine the required LoA costs based upon how many countries you are marketing ozone equipment to or countries where you operate ozone equipment.
  • Please sign, date and print your name.
  • Send this letter of intent to I.N.P.A. EurO3zon.
  • See also EurO3zon document “Procedure to get a LoA”.

Disclaimer:

The statements and content supplied here or presented is only provided for the purpose of information and guidance. This information is provided in good faith and has been based on the best information currently available. This information is to be relied upon at the user’s own risk. Furthermore this information does not constitute advice regarding legal or regulatory compliance in any form. You are solely responsible for obtaining the appropriate legal and/or regulatory advice that is necessary in making your own evaluation of any legal or regulatory requirements applicable to you or your organization or company.

Document ID: LOI Template by EurO3zon,Rev.2, (03February 2018)