1. Intellectual Property Rights: Terms regarding IP ownership and licensing - include if JV involves significant IP

2. Territory and Non-Compete: Geographic scope and competition restrictions - include if territorial exclusivity is important

3. Technology Transfer: Terms of any technology transfer between parties - include if technical knowledge sharing is key

4. Shariah Compliance: Islamic finance compliance provisions - include if relevant to the business or parties

5. Exit Mechanisms: High-level terms for exit options - include if parties want to address this at term sheet stage

6. Employment Matters: Key personnel and emiratisation requirements - include if significant staffing considerations exist

7. Conditions Precedent: Key conditions required before proceeding - include if specific approvals or events are needed

8. Dispute Resolution: Proposed dispute resolution mechanism - include if parties want to agree this at term sheet stage

1. Initial Business Plan Summary: High-level overview of proposed business plan and financial projections

2. Capital Contribution Schedule: Detailed breakdown of initial and future capital contributions

3. Key Management Positions: List of key management positions and initial nominations

4. Reserved Matters: List of decisions requiring special approval

5. Implementation Timeline: Detailed timeline for JV formation and commencement

6. Assets Schedule: List of key assets to be contributed by each party to the JV