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Provisional Agreement
"Need a Provisional Agreement for a potential joint venture with a Singapore-based manufacturing company, including exclusivity provisions and a timeline for completing due diligence by March 2025."
1. Parties: Identification and details of all contracting parties
2. Background: Context and purpose of the provisional agreement
3. Definitions: Key terms and their meanings as used in the agreement
4. Subject Matter: Core provisions and obligations of the agreement
5. Duration: Term of the provisional agreement and conditions for conversion to final agreement
6. Consideration: Financial terms and payment provisions
7. Termination: Circumstances and process for ending the agreement
1. Conditions Precedent: Prerequisites that must be fulfilled, use when agreement depends on specific conditions
2. Warranties and Representations: Parties' assurances, include for complex transactions
3. Confidentiality: Information protection provisions, include when sensitive information is involved
4. Force Majeure: Provisions for unforeseen circumstances, include for longer-term agreements
5. Assignment: Rights transfer provisions, include when transfer rights are relevant
1. Schedule of Assets: Detailed list of assets covered by the agreement
2. Payment Schedule: Breakdown of payment terms and timelines
3. Due Diligence Requirements: List of required documentation and verifications
4. Form of Final Agreement: Template or key terms of the intended final agreement
5. Contact Details: Key contact information for all parties
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