Cross-border JV / M&A Key Terms Checklist 1) Governance - Board seats, veto rights, reserved matters. - Information rights and reporting cadence. 2) Economics - Profit allocation and dividend mechanism. - IP licensing model and pricing logic. - Transfer pricing and tax alignment items. 3) Exit & Protection - Trigger events and valuation framework. - Non-compete, confidentiality, breach remedies. - Closing conditions and post-deal governance.