1. Exclusivity: Used when parties want to ensure exclusive negotiations for a specific period

2. Binding Provisions: Section explicitly listing which provisions are intended to be legally binding, used in more complex negotiations

3. Due Diligence: Include when preliminary access to information or due diligence process needs to be outlined

4. Timeline: Used when specific milestones or deadlines for the negotiation process need to be established

5. Intellectual Property: Include when discussions involve sharing of IP or development of new IP

6. Break Fee: Used in high-value transactions where compensation for withdrawal needs to be addressed

7. Interim Arrangements: Include when temporary operational arrangements need to be established during negotiations

1. Proposed Transaction Structure: High-level outline of the contemplated transaction or relationship structure

2. Timeline of Key Milestones: Detailed schedule of proposed negotiation and implementation milestones

3. Confidential Information Definition: Detailed description of what constitutes confidential information

4. Required Approvals: List of regulatory or corporate approvals needed to proceed with the proposed transaction