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1. Parties: Identification of all contracting parties with full legal names and addresses as per Qatar legal requirements
2. Background: Context of the preliminary agreement, including the parties' intentions to enter into a main agreement and the purpose of this preliminary contract
3. Definitions: Key terms used throughout the agreement, including definition of the proposed main agreement
4. Scope of Preliminary Obligations: Clear outline of the preliminary commitments and obligations of each party during the interim period
5. Duration: Timeframe of the preliminary contract and conditions for extension
6. Good Faith Negotiations: Commitment to negotiate the main agreement in good faith and the process for such negotiations
7. Confidentiality: Obligations regarding confidential information exchanged during the preliminary period
8. Termination: Circumstances under which the preliminary contract may be terminated and the consequences
9. Governing Law and Jurisdiction: Explicit statement of Qatar law as governing law and jurisdiction of Qatar courts
1. Exclusivity: Used when parties agree not to negotiate with third parties during the preliminary period
2. Break Fee: Include when parties agree on compensation if one party withdraws from negotiations
3. Intellectual Property: Required when preliminary activities involve sharing or creating intellectual property
4. Due Diligence: Include when preliminary contract covers due diligence process and information sharing
5. Costs and Expenses: Used when there's a need to specify how preliminary phase expenses will be allocated
6. Force Majeure: Include when parties want to address potential disruptions to preliminary obligations
1. Schedule 1 - Timeline: Detailed timeline for negotiations and key milestones towards the main agreement
2. Schedule 2 - Required Information: List of documents and information to be exchanged during the preliminary period
3. Schedule 3 - Term Sheet: Key commercial terms agreed for inclusion in the main agreement
4. Appendix A - Form of NDA: Standard form of confidentiality agreement if not included in main text
5. Appendix B - Contact Details: List of key contacts and authorized representatives for each party
Background Materials
Business Day
Commencement Date
Completion Date
Confidential Information
Due Diligence Information
Due Diligence Period
Effective Date
Exclusivity Period
Final Agreement
Good Faith
Key Commercial Terms
Long Stop Date
Main Agreement
Material Adverse Change
Negotiation Period
Permitted Purpose
Preliminary Activities
Preliminary Obligations
Project
Proposed Transaction
Related Parties
Representatives
Target Business
Term Sheet
Termination Date
Transaction Documents
Working Hours
Recitals
Definitions
Interpretation
Duration
Good Faith Negotiations
Exclusivity
Confidentiality
Due Diligence
Information Exchange
Warranties
Costs and Expenses
Break Fee
Intellectual Property Rights
Non-Binding Provisions
Binding Provisions
Conditions Precedent
Term and Termination
Force Majeure
Assignment
Notices
Amendment
Severability
Entire Agreement
Third Party Rights
Further Assurance
Counterparts
Governing Law
Dispute Resolution
Real Estate Development
Construction
Oil & Gas
Infrastructure
Manufacturing
Technology
Healthcare
Financial Services
Telecommunications
Hospitality
Retail
Professional Services
Energy
Transportation
Legal
Commercial
Business Development
Corporate Development
Strategy
Operations
Finance
Risk Management
Project Management
Compliance
Investment
Chief Executive Officer
Chief Legal Officer
General Counsel
Legal Director
Commercial Director
Business Development Manager
Project Manager
Contract Manager
Investment Director
Corporate Development Officer
Head of Strategy
Chief Financial Officer
Risk Manager
Operations Director
Managing Director
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