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1. Non-Competition: Restrictions on competing activities during and after the engagement period

2. Investment Committee Participation: Terms of participation in investment decisions and voting rights on the investment committee

3. Portfolio Company Board Seats: Terms regarding board participation and representation on portfolio company boards

4. Insurance and Indemnification: Requirements for professional liability insurance and mutual indemnification provisions

5. Key Person Provisions: Provisions relating to minimum time commitment and replacement of key individuals

1. Schedule 1: Compensation Terms: Detailed breakdown of compensation structure, including management fee participation and carried interest calculations

2. Schedule 2: Investment Focus: Specific investment sectors, stages, or strategies that fall within the venture partner's scope

3. Schedule 3: Approved External Activities: List of pre-approved activities, board seats, or investments outside the partnership

4. Appendix A: Reporting Requirements: Detailed reporting obligations including frequency, format, and content of required reports

5. Appendix B: Expense Policy: Guidelines for expense reimbursement and approved business expenses

6. Appendix C: Compliance Policies: Key compliance requirements and firm policies applicable to the venture partner