LETTER OF INTENT TO PURCHASE
1
DATE AND PARTIES
19 Oct 2026
From: MedGroup Hospitals
To: Cardio Devices Ltd
2
STATEMENT OF INTENT
We intend to buy 200 units over two years
3
OUTLINE OF TERMS
Price range: 4,200 to 4,600 per unit
Subject to a trial and a final contract
4
CONDITIONS
Successful 90-day trial
Board approval
5
BINDING PARTS
Confidentiality, 60-day exclusivity, each side bears its own costs
6
NON-BINDING STATEMENT
Except for the binding parts, this letter does not create an obligation to buy or sell
7
SIGNATURES
Signed for both parties

Sample for illustration. Company names, numbers, tax registrations and bank details are fictional.

Source: Letter of Intent to Purchase, decoded by Procurement VMS