A "due diligence checklist" is a checklist typically used by acquirers of businesses or venture capital investors. The checklist sets forth the various documents, contracts, and information that would be important to review before an acquisition or investment is made. The types of documents typically set forth in a due diligence checklist include:
Key contracts
Financial statements
Customer lists
Employment agreements
Minutes and consents of the Board of Directors and shareholders
Confidentiality and invention assignment agreements with employees
Corporate charter and bylaws
Litigation-related documents
Patents, copyrights, and other intellectual property related documents
Licenses and permits related to operation of the business