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1. Break Fee: Include when parties want to establish compensation if one party terminates negotiations without justifiable cause

2. Due Diligence Process: Include when parties want to outline specific requirements and processes for the due diligence investigation

3. Conditions Precedent: Include when certain conditions must be met before proceeding with the definitive agreement

4. Regulatory Approvals: Include when the joint venture may require specific regulatory clearances

5. Non-Solicitation: Include when parties want to prevent hiring of each other's employees during negotiations

6. Public Announcements: Include when parties need to control public communications about the potential joint venture

7. Term and Termination: Include when parties want to set specific duration for the LOI and termination rights

1. Initial Business Plan Overview: High-level summary of the proposed business plan and strategic objectives

2. Proposed Timeline: Detailed schedule of key milestones and deadlines

3. Key Assets Schedule: List of primary assets each party intends to contribute to the joint venture

4. Initial Capital Structure: Overview of proposed capitalization and initial investments

5. Required Approvals: List of anticipated regulatory and corporate approvals needed

6. Key Personnel: List of key management positions and proposed appointments