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1. Due Diligence: Include when the option holder requires rights to conduct investigations or review documents

2. Security: Include when there is a requirement for security or deposit

3. Non-Competition: Include when additional competitive restrictions are needed beyond the exclusivity provisions

4. Assignment Rights: Include when transfer of option rights needs to be specifically addressed

5. Intellectual Property: Include when the option involves IP rights

6. Force Majeure: Include when external events might affect the option exercise

7. Tax Provisions: Include when there are specific tax implications to be addressed

8. Regulatory Compliance: Include when specific regulatory requirements need to be addressed

1. Schedule A - Subject Matter of Option: Detailed description of what is being optioned (property, rights, etc.)

2. Schedule B - Option Exercise Notice: Form of notice to be used when exercising the option

3. Schedule C - Form of Definitive Agreement: Draft of the agreement to be entered into upon exercise of the option

4. Schedule D - Payment Terms: Detailed payment schedule and mechanisms

5. Schedule E - Due Diligence Requirements: List of documents and information to be provided for due diligence

6. Appendix 1 - Competing Business Definition: Detailed description of what constitutes competing business if relevant

7. Appendix 2 - Calculation Methods: Any specific calculations or formulas relevant to the option