1. Regulatory Approvals: Include when the joint venture requires specific government or regulatory approvals

2. Initial Business Plan: Include when parties want to outline preliminary business objectives and strategies

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

4. Governing Law: Include when parties want to specify which jurisdiction's laws will govern the LOI

5. Dispute Resolution: Include when parties want to specify how potential disputes will be handled

6. Cost Sharing: Include when parties want to specify how costs during the negotiation period will be shared

7. Due Diligence Process: Include when parties want to outline specific requirements for the due diligence process

1. Proposed Corporate Structure: Diagram or description of the proposed joint venture structure

2. Key Milestones: Detailed timeline of key dates and deliverables

3. Initial Capital Requirements: Preliminary breakdown of expected capital contributions and uses

4. List of Required Approvals: Comprehensive list of regulatory and corporate approvals needed

5. Preliminary Asset List: List of key assets each party will contribute to the joint venture