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1. Due Diligence: Include when the partnership requires significant due diligence investigation

2. Resource Commitment: Include when specific resources need to be allocated during the negotiation phase

3. Intellectual Property: Include when IP rights need to be addressed during the negotiation phase

4. Break Fee: Include when parties want to specify compensation if negotiations are terminated

5. Press Releases: Include when public announcements need to be controlled

6. Employee Matters: Include when the partnership may affect employment arrangements

7. Regulatory Approvals: Include when the partnership requires specific regulatory clearances

1. Schedule 1 - Initial Business Plan: High-level outline of the proposed partnership structure and objectives

2. Schedule 2 - Timeline: Detailed timeline for negotiation and implementation milestones

3. Schedule 3 - Required Approvals: List of necessary internal and external approvals

4. Appendix A - Confidentiality Terms: Detailed confidentiality provisions if more extensive than in main letter

5. Appendix B - Due Diligence Requirements: List of required due diligence items and process

6. Appendix C - Term Sheet: Key commercial terms for the proposed partnership in bullet point format