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1. Parties: Identification and details of all parties to the agreement, including their legal status and addresses
2. Background: Context of the agreement, including the purpose and intent to enter into a provisional arrangement
3. Definitions: Key terms used throughout the agreement, including distinction between provisional and final terms
4. Scope of Provisional Agreement: Clear outline of what is covered under this provisional arrangement
5. Duration: Term of the provisional agreement and conditions for extension or termination
6. Conversion to Final Agreement: Process and conditions for converting the provisional agreement into a final agreement
7. Rights and Obligations: Interim rights and obligations of all parties during the provisional period
8. Financial Terms: Any interim financial arrangements, payments, or consideration
9. Confidentiality: Obligations regarding confidential information shared during the provisional period
10. Termination: Circumstances and process for early termination of the provisional agreement
11. Governing Law and Jurisdiction: Specification of Pakistani law as governing law and relevant jurisdiction
1. Intellectual Property: Required when the provisional agreement involves sharing or creating intellectual property
2. Due Diligence: Include when the provisional period involves investigation or verification activities
3. Performance Guarantees: Needed when interim performance requirements must be secured
4. Islamic Law Compliance: Required when the agreement needs to explicitly comply with Islamic financial principles
5. Force Majeure: Optional clause for handling unforeseen circumstances during the provisional period
6. Assignment: Include when transfer of rights under the provisional agreement needs to be addressed
7. Dispute Resolution: Optional detailed provisions for handling disputes during the provisional period
1. Schedule 1 - Provisional Terms and Conditions: Detailed listing of all provisional arrangements and conditions
2. Schedule 2 - Required Documentation: List of documents required for conversion to final agreement
3. Schedule 3 - Timeline: Key dates and milestones for the provisional period
4. Schedule 4 - Interim Payment Schedule: Details of any financial arrangements during the provisional period
5. Schedule 5 - Contact Details: Key contact persons and their details for each party
6. Appendix A - Form of Final Agreement: Draft or outline of the intended final agreement
7. Appendix B - Compliance Requirements: List of regulatory or legal requirements to be met
Provisional Period
Effective Date
Completion Date
Final Agreement
Conditions Precedent
Conversion Event
Due Diligence
Confidential Information
Business Day
Force Majeure Event
Governing Law
Interim Obligations
Material Adverse Change
Parties
Regulatory Approvals
Required Documentation
Termination Event
Transition Period
Authorized Representative
Applicable Law
Affiliate
Business Hours
Consideration
Default Event
Dispute
Encumbrance
Good Faith
Intellectual Property Rights
Liability
Notice
Performance Obligations
Related Party
Security Interest
Stamp Duty
Territory
Working Day
Islamic Finance Terms
Jurisdiction
Registration Requirements
Definitions and Interpretation
Duration and Term
Provisional Arrangements
Conditions Precedent
Conversion to Final Agreement
Interim Rights and Obligations
Payment Terms
Representations and Warranties
Confidentiality
Due Diligence
Regulatory Compliance
Islamic Law Compliance
Intellectual Property
Data Protection
Force Majeure
Termination
Liability and Indemnification
Assignment and Transfer
Notices
Dispute Resolution
Governing Law and Jurisdiction
Entire Agreement
Severability
Amendments
Counterparts
Costs and Expenses
Third Party Rights
Time of Essence
Further Assurance
Manufacturing
Construction
Real Estate
Information Technology
Telecommunications
Banking and Finance
Energy
Infrastructure
Healthcare
Education
Professional Services
Mining
Agriculture
Retail
Export/Import
Legal
Finance
Operations
Business Development
Compliance
Risk Management
Corporate Affairs
Project Management
Strategy
Commercial
Chief Executive Officer
Managing Director
Legal Counsel
Contract Manager
Business Development Manager
Chief Financial Officer
Company Secretary
Project Manager
Operations Director
Risk Manager
Compliance Officer
Corporate Lawyer
Commercial Director
Strategic Planning Manager
Finance Manager
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