— Iran, the US and their allies will cease hostilities, including in Lebanon

— Iran reiterates its commitment not to develop or acquire nuclear weapons

— US and Iran pledge to resolve issue of disposal of enriched uranium stockpile

— US and Iran to discuss enrichment issue and Iran's nuclear needs

— Iran will maintain status quo on its nuclear program as long as negotiations continue

— The US will lift the naval blockade, not impose new sanctions, and will not increase forces in the region during the negotiations.

— Iran will make the necessary arrangements to ensure safe passage of commercial vessels through the Strait of Hormuz, free of charge, for 60 days.

— US pledges to make frozen Iranian assets available for use with implementation of MoU

— If a final agreement is reached, the US will withdraw its forces within 30 days and lift all sanctions on Iran.

— Any final agreement will include a plan to establish a $300 billion fund for Iran's reconstruction.

— US to give Iran temporary sanctions waivers to sell oil during negotiations

— Negotiations will be held between Iran and Oman with the participation of Gulf policy to define "arrangements regarding shipping and maritime services"