Mine's a bit different and goes like this:
"Take-off from runway 32 with 1/4 flap.
Vmca is 65, Vtoss is 85, and I'll rotate at 80.
Engine failure on the ground, I will close both throttles and stop.
Engine failure airborne with sufficient runway remaining and the gear down, I will land ahead.
Engine failure airborne with the gear up and insufficient runway remaining I will conduct the engine failure drills, maintain 96 kt and assess performance.
If the aircraft is not performing adequately on one engine I will attempt to land in a clear area ahead.
If the aircraft is performing adequately, and in VMC, I will climb to 1000' and return for a landing. In IMC I'll climb on a safety bearing of 320 over water to the MSA of 1500 then return to the NDB holding pattern.
In the event of a normal departure, I will turn left at 1000' onto a heading of 180 to intercept the 220 track climbing to 6000'.
Any questions?"
In my experience, things like the pilot responsibilities are covered by the instructor in the pre-flight briefing. This is where he'll cover things like the use of touch drills, the use of "practice practice" prior to any simulated failures, and he'll normally advise that he'll allow me to handle any real emergencies myself unless he sees an unsafe situation developing.
Something to consider is that if you are under training, your instructors will have a brief that they like to hear. It is probably best to do it how they like it, or discuss any differences prior. If you are not under training and working for a company, they should have guidance as to what to include in the take-off brief in their operations manual.