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1. Due Diligence: Rights and process for conducting due diligence, used when option involves complex assets

2. IP Rights: Special provisions for intellectual property rights, used when option involves IP assets

3. Real Estate Provisions: Special provisions for property transfer, used when option involves real estate

4. Regulatory Approvals: Requirements for obtaining regulatory approvals, used when subject to regulatory oversight

5. Employee/Management Provisions: Special provisions for business operations, used when option involves business acquisition

6. Tax Provisions: Special tax considerations and allocations, used when tax implications are significant

7. Competition Restrictions: Additional non-compete provisions, used when competitive concerns are significant

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

2. Schedule 2 - Option Exercise Notice: Form of notice to be used when exercising the option

3. Schedule 3 - Consideration and Payment Terms: Detailed breakdown of option fee and exercise price calculations

4. Schedule 4 - Due Diligence Requirements: List of documents and information to be provided for due diligence

5. Schedule 5 - Completion Obligations: Actions required by each party upon exercise of the option

6. Appendix A - Required Consents: List of third-party or regulatory consents required

7. Appendix B - Encumbrances: List of any existing encumbrances on the subject matter