1. Exclusivity: Terms preventing parties from discussing similar arrangements with others during the negotiation period

2. Costs: How costs during the discussion phase will be handled

3. Intellectual Property: Protection of IP rights during the discussion phase

4. Dispute Resolution: Process for resolving any disputes during discussions

5. Public Announcements: Rules regarding public communications about the potential partnership

6. Due Diligence: Framework for conducting preliminary business investigations

7. Regulatory Compliance: Acknowledgment of relevant regulatory requirements that would need to be met

8. Exit Mechanisms: Preliminary discussion of how partners could exit if a binding agreement is later formed

1. Business Plan Overview: High-level summary of the proposed business plan

2. Initial Capital Contributions: Proposed breakdown of initial investments and contributions

3. Asset Schedule: List of assets each party proposes to contribute to the partnership

4. Key Personnel: Details of key team members and their proposed roles

5. Timeline: Proposed timeline for discussions and potential partnership formation

6. Due Diligence Checklist: List of documents and information required for due diligence