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A Confirmation Letter of Intent is a crucial preliminary document in Philippine business practice, used to formalize initial discussions and outline proposed terms before proceeding with a detailed agreement. This document type is particularly relevant in the Philippine context where business relationships often begin with formal expressions of intent before proceeding to binding agreements. While generally non-binding, certain provisions like confidentiality and exclusivity may be explicitly made binding. The document serves multiple purposes: it demonstrates serious intent to proceed with negotiations, outlines key commercial terms, and provides a framework for future discussions. Under Philippine law, while a Letter of Intent doesn't create a binding obligation to complete the transaction, it must still be drafted carefully to avoid unintended legal consequences and should comply with basic principles of contract law as outlined in the Civil Code of the Philippines.

1. Letter Header and Date: Full business details of the sender, recipient's address, and date

2. Subject Line: Clear identification of the subject matter (e.g., 'Letter of Intent - [Project/Transaction Name]')

3. Opening Salutation: Formal greeting and identification of the recipient

4. Introduction: Brief introduction identifying the parties and purpose of the letter

5. Expression of Interest: Clear statement of interest in the proposed transaction or project

6. Key Terms: Outline of the fundamental terms and conditions being proposed

7. Proposed Timeline: Expected timeframes for next steps and potential completion

8. Non-Binding Statement: Clear statement that this is a non-binding expression of intent, except for specified provisions

9. Closing and Signature: Professional closing, signature block, and company details