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1. B-BBEE Considerations: Specific section addressing Black Economic Empowerment requirements and commitments - include when one or more parties need to meet specific B-BBEE targets

2. Regulatory Approvals: Section outlining required regulatory approvals - include when the joint venture will operate in regulated industries or require competition authority approval

3. Management Structure: Preliminary governance and management structure - include for more complex joint ventures or when parties want to agree on key management principles early

4. Intellectual Property: Basic principles for IP ownership and licensing - include when IP will be a significant aspect of the joint venture

5. Break Fee: Compensation payable if one party terminates negotiations - include in high-value deals or where significant costs will be incurred during negotiation

6. Foreign Investment Provisions: Specific provisions relating to foreign investment requirements - include when one or more parties are foreign entities

1. Initial Business Plan Overview: High-level summary of the proposed business plan and key milestones

2. Proposed Capital Structure: Preliminary breakdown of capital contributions and shareholding structure

3. Key Assets Schedule: List of main assets each party will contribute to the joint venture

4. Due Diligence Requirements: Outline of required due diligence investigations and documentation

5. Timeline and Key Dates: Detailed schedule of proposed steps toward definitive agreement

6. Required Regulatory Approvals: List of anticipated regulatory approvals and licenses needed