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1. Due Diligence: Include when the optionee requires specific due diligence rights during the option period

2. Regulatory Compliance: Include when the subject matter requires specific regulatory approvals or compliance

3. Security Interests: Include when the option involves assets that may be subject to security interests

4. Insurance: Include when specific insurance requirements are needed during the option period

5. Territory Restrictions: Include when the option rights are limited to specific geographic areas

6. Competition Restrictions: Include when there are specific competitive limitations despite non-exclusive nature

7. Intellectual Property Protection: Include when IP rights are involved and require specific protection measures

1. Schedule A - Description of Option Subject Matter: Detailed description of the asset, right, or property subject to the option

2. Schedule B - Option Fee Payment Terms: Detailed payment schedule and mechanisms for the option fee

3. Schedule C - Exercise Notice Form: Template form for exercising the option

4. Schedule D - Due Diligence Requirements: List of required due diligence items and processes

5. Appendix 1 - Related Rights and Assets: Comprehensive list of any associated rights or assets included in the option

6. Appendix 2 - Existing Encumbrances: List of any existing limitations, licenses, or encumbrances affecting the option