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1. Parties: Identification and details of the parties entering into the pre-contract agreement
2. Background: Context of the proposed transaction and purpose of entering into the pre-contract agreement
3. Definitions: Key terms used throughout the agreement
4. Scope of Negotiations: Clear outline of what is being negotiated and the intended final agreement
5. Duration and Timeline: Period during which the pre-contract agreement remains valid and key milestone dates
6. Confidentiality Obligations: Provisions regarding the protection and non-disclosure of information shared during negotiations
7. Non-Binding Nature: Clear statement of which provisions are non-binding and that there is no obligation to enter into a final agreement
8. Binding Provisions: Specification of which provisions are legally binding (typically confidentiality, costs, and governing law)
9. Costs and Expenses: How costs incurred during the negotiation period will be borne
10. Governing Law and Jurisdiction: Specification of Swiss law as governing law and jurisdiction for disputes
1. Exclusivity: Used when parties agree not to negotiate with other parties during the negotiation period
2. Break Fee: Include when parties agree on compensation if one party withdraws from negotiations under specific circumstances
3. Intellectual Property Rights: Include when negotiations involve sharing of IP or creation of new IP during the negotiation process
4. Due Diligence Process: Include when the pre-contract agreement covers the terms of a due diligence investigation
5. Press Releases and Announcements: Include when there's a need to control public communications about the negotiations
6. Non-Solicitation: Include when parties want to prevent hiring of each other's employees during negotiations
7. Term Sheet Summary: Include when parties want to document preliminary agreed commercial terms, while maintaining their non-binding nature
1. Schedule 1 - Negotiation Timeline: Detailed timeline of the negotiation process and key milestones
2. Schedule 2 - Authorized Representatives: List of individuals authorized to conduct negotiations on behalf of each party
3. Schedule 3 - Confidential Information: Definition and categories of information deemed confidential
4. Appendix A - Term Sheet: Initial non-binding commercial terms agreed between the parties
5. Appendix B - Due Diligence Requirements: If applicable, list of documents and information required for due diligence
6. Appendix C - Form of NDA: If separate from main agreement, form of confidentiality agreement to be signed by involved parties
Manufacturing
Technology
Financial Services
Real Estate
Healthcare
Energy
Telecommunications
Professional Services
Pharmaceutical
Construction
Automotive
Retail
Information Technology
Biotechnology
Legal
Corporate Development
Business Development
Executive Leadership
Finance
Mergers & Acquisitions
Commercial
Strategy
Risk Management
Compliance
Chief Executive Officer
Chief Legal Officer
General Counsel
Legal Director
Head of Business Development
Chief Financial Officer
Corporate Development Director
Senior Legal Counsel
Commercial Director
Mergers & Acquisitions Director
Investment Director
Senior Contract Manager
Business Development Manager
Legal Operations Manager
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