1. Resource Allocation: Include when parties need to specify initial resource commitments or cost sharing for the negotiation phase

2. Regulatory Considerations: Add when the joint venture requires specific regulatory approvals or compliance measures

3. Break Fee: Include when parties want to specify compensation if one party withdraws from negotiations

4. Governing Law and Jurisdiction: Add when parties are from different jurisdictions or specific jurisdiction needs to be established

5. Interim Operating Procedures: Include when parties need to collaborate during the negotiation phase

6. Third Party Rights: Add when other stakeholders' interests need to be addressed

1. Initial Business Plan Overview: High-level outline of the proposed business plan and key objectives

2. Proposed Timeline: Detailed schedule of key dates and milestones for negotiation and implementation

3. Initial Capital Structure: Preliminary breakdown of proposed financial contributions and ownership structure

4. Key Personnel: List of key representatives from each party involved in the negotiation

5. Due Diligence Requirements: Outline of required documentation and information for due diligence