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1. Security and Encumbrances: Required when the underlying asset has existing charges or requires security arrangements

2. Regulatory Compliance: Needed for options involving regulated assets or requiring regulatory approvals

3. Tax Provisions: Include when specific tax implications need to be addressed

4. Due Diligence: Required for complex assets requiring investigation rights

5. Non-Competition: Include when restricting grantor's activities during option period

6. Confidentiality: Required when sensitive information will be shared

7. Force Majeure: Include when external events might affect option exercise

8. Assignment Rights: Required when transfer of option rights needs specific regulation

1. Schedule 1 - Asset Description: Detailed description of the underlying asset subject to the option

2. Schedule 2 - Option Exercise Notice: Template form for exercising the option

3. Schedule 3 - Pricing Mechanism: Detailed calculation method for variable price components

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

5. Schedule 5 - Existing Encumbrances: Details of existing charges or encumbrances on the asset

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

7. Appendix A - Completion Checklist: Steps to be completed upon option exercise

8. Appendix B - Transfer Documents: Forms and documents required for asset transfer upon exercise