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1. Parties: Identification of all parties involved in the proposed joint venture, including full legal names and addresses
2. Background/Recitals: Context of the proposed joint venture, including each party's business and reasons for collaboration
3. Definitions: Key terms used throughout the letter that require specific definition
4. Purpose and Scope: Overview of the proposed joint venture's business objectives and scope of operations
5. Proposed Structure: Outline of the intended legal and operational structure of the joint venture
6. Initial Contributions: Preliminary indication of what each party will contribute (capital, assets, IP, etc.)
7. Confidentiality: Binding provisions regarding the confidential treatment of shared information
8. Exclusivity: Period during which parties agree not to negotiate with other potential partners
9. Due Diligence: Framework for the exchange and review of business information
10. Timeline: Proposed schedule for negotiation, due diligence, and definitive agreement preparation
11. Non-Binding Nature: Clear statement about which provisions are binding and non-binding
12. Governing Law: Specification of Dutch law as the governing law
13. Signatures: Execution block for all parties
1. Cost Sharing: Details of how preliminary costs will be shared - include when significant pre-deal expenses are anticipated
2. Break Fee: Provisions for compensation if one party terminates discussions - include for high-value or complex ventures
3. Management Structure: Preliminary outline of proposed management - include when management roles are crucial to the deal
4. Regulatory Requirements: Overview of required regulatory approvals - include when dealing with regulated industries
5. Intellectual Property Protection: Special provisions for IP protection - include when significant IP is involved
6. Public Announcements: Rules for making public statements - include when either party is public or media attention is likely
7. Employee Matters: Preliminary agreement on handling employees - include when significant staff transfers are contemplated
1. Business Plan Summary: High-level overview of the proposed joint venture's business plan and objectives
2. Contribution Schedule: Preliminary list of assets, resources, or capital to be contributed by each party
3. Timeline and Milestones: Detailed schedule of key dates and milestones for establishing the joint venture
4. Due Diligence Checklist: List of required documents and information for due diligence process
5. Proposed Corporate Structure: Diagram and explanation of the proposed joint venture structure
6. Key Terms Summary: Summary of principal terms to be included in the definitive agreement
Joint Venture
Proposed Transaction
Business Plan
Confidential Information
Definitive Agreement
Due Diligence
Effective Date
Exclusivity Period
Initial Contribution
Intellectual Property
JV Company
Material Adverse Change
Permitted Purpose
Representatives
Territory
Board of Directors
Business Day
Completion
Consideration
Key Personnel
Working Capital
Binding Provisions
Non-Binding Provisions
Proposed Structure
Target Business
Governing Law
Shareholders Agreement
Articles of Association
Management Board
Supervisory Board
Completion Date
Long Stop Date
Partnership Assets
Conditions Precedent
Initial Investment
Break Fee
Regulatory Approvals
Signing Date
Closing
Disclosed Information
Definitions
Purpose and Scope
Proposed Structure
Initial Contributions
Confidentiality
Exclusivity
Due Diligence
Timeline
Non-Binding Nature
Binding Provisions
Cost Sharing
Governing Law
Dispute Resolution
Break Fee
Public Announcements
Notices
Good Faith Negotiations
Regulatory Compliance
Intellectual Property Protection
Management Structure
Decision Making
Capital Contributions
Profit Sharing
Business Plan
Employee Matters
Transfer Restrictions
Termination
Force Majeure
Assignment
Severability
Entire Understanding
Amendments
Counterparts
Third Party Rights
Costs and Expenses
Manufacturing
Technology
Real Estate
Financial Services
Energy
Healthcare
Telecommunications
Transportation and Logistics
Consumer Goods
Professional Services
Agriculture
Construction
Mining and Resources
Retail
Education
Media and Entertainment
Legal
Corporate Development
Business Development
Executive Leadership
Finance
Strategy
Mergers & Acquisitions
Risk Management
Compliance
Corporate Secretariat
Operations
Commercial
Chief Executive Officer
Chief Financial Officer
Chief Legal Officer
Managing Director
Business Development Director
Corporate Development Manager
Legal Counsel
General Counsel
Partnership Manager
Strategy Director
Investment Manager
Corporate Secretary
Head of Mergers & Acquisitions
Commercial Director
Operations Director
Risk Manager
Board Member
Executive Director
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