1. Exclusivity: Optional provision preventing parties from negotiating with other parties for a specified period, include when exclusive negotiations are desired

2. Confidentiality: Detailed confidentiality provisions if not covered by a separate NDA

3. Costs and Expenses: Statement regarding who bears the costs of negotiation and due diligence, include when significant preliminary expenses are expected

4. Due Diligence: Framework for information sharing and due diligence process, include when substantial due diligence is required

5. Good Faith Negotiation: Commitment to negotiate in good faith, include when parties want to emphasize their serious intention

6. Governing Law and Jurisdiction: Specification of UAE law and jurisdiction, include when parties want binding provisions to be enforceable

7. Term/Termination: Duration of the LOI and circumstances for termination, include when LOI is intended to last for a specific period

1. Initial Business Plan: High-level outline of the proposed business collaboration or project

2. Timeline Schedule: Detailed timeline of key milestones and deadlines for the proposed collaboration

3. Required Approvals: List of regulatory or corporate approvals needed to proceed with the collaboration

4. Key Personnel: List of key contacts from each party responsible for the collaboration discussion