1. Binding Provisions: Specific mention of which provisions are binding (typically confidentiality, exclusivity, and governing law) - use when mixing binding and non-binding elements

2. Cost Allocation: Description of how costs during the negotiation period will be handled - include when significant pre-deal expenses are expected

3. Break-up Fee: Terms of any fee payable if either party withdraws - include in high-value or complex projects

4. Regulatory Approvals: Overview of required regulatory approvals - include when dealing with regulated industries

5. Public Announcements: Guidelines for making public statements about the potential transaction - include for public companies or high-profile projects

6. Non-Solicitation: Agreement not to solicit employees - include when intellectual property or key personnel are crucial

1. Project Scope Overview: Detailed description of the project scope, objectives, and deliverables

2. Preliminary Timeline: Detailed project timeline with key milestones and deadlines

3. Initial Budget Estimate: Preliminary budget breakdown and cost estimates

4. Key Personnel: List of key team members and their roles from both parties

5. Due Diligence Checklist: List of required documents and information for due diligence