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1. Initial Business Plan: High-level overview of the proposed business plan, used when parties want to document initial commercial understanding

2. Resource Commitments: Preliminary allocation of resources and responsibilities, included when parties want to document initial commitments

3. Conditions Precedent: Key conditions that must be met before proceeding with the joint venture, included when specific regulatory or corporate approvals are required

4. Break Fee: Provisions regarding compensation if one party withdraws, included in high-value transactions

5. Dispute Resolution: Specific dispute resolution mechanisms, included when parties want more detailed provisions than simple governing law

6. Costs: Allocation of costs during the negotiation phase, included when significant pre-formation expenses are expected

1. Initial Business Scope: Detailed description of proposed business activities and operational scope

2. Key Milestones: Detailed timeline of key dates and deliverables for joint venture formation

3. Preliminary Capital Structure: Overview of proposed capital contributions and financing structure

4. Required Approvals: List of regulatory and corporate approvals needed for the joint venture

5. Restricted Activities: List of activities requiring partner consent or prohibited activities under Sharia law