1. Non-Compete: Restrictions on partners engaging in competing businesses, used when partners have existing business interests

2. Intellectual Property: Provisions regarding ownership and use of IP, necessary when the partnership involves technical knowledge or branded assets

3. Due Diligence: Framework for conducting due diligence, important for partnerships involving existing businesses or substantial assets

4. Exclusivity: Prevents partners from negotiating similar arrangements with others during the preliminary period

5. Dispute Resolution: Detailed mechanism for resolving disputes, including mediation or arbitration provisions

6. Cost Sharing: Allocation of costs during the preliminary phase, useful when significant expenses are expected before final agreement

7. Timeline for Final Agreement: Specific milestones and deadlines for moving to final partnership agreement

1. Schedule A - Business Plan: Preliminary business plan outlining the proposed operations and strategy

2. Schedule B - Capital Contribution Details: Detailed breakdown of each partner's proposed capital contributions, including valuation of non-cash assets

3. Schedule C - Partner Backgrounds: Professional backgrounds and relevant experience of each partner

4. Schedule D - Existing Assets: List of any existing assets to be contributed to the partnership

5. Schedule E - Required Licenses: List of licenses and permits required for the proposed business

6. Appendix 1 - Due Diligence Checklist: List of documents and information required from each partner

7. Appendix 2 - Timeline: Detailed timeline for moving from preliminary to final partnership agreement