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Letter of Intent

Letter of Intenet may state the reasons for them or simply state the Intent

Example with reasons:

Subject:           Letter of Intent  for Deploying JPods Solar-powered Networks (LOCATION)

Date:                _________________

Scope:             This Letter of Intent notes a mutual intent by the ___City/Government____ (GOVERNMENT) and JPods US LLC (JPODS) to have an operational solar-powered JPods mobility network in ____Location____ (LOCATION) starting with a Kitty Hawk Network by ____date______ and first commercial network of ______km______ by _______date_______.

Background:    The GOVERNMENT and JPODS have a mutual intent to implement the Physical Internet® with the following characteristics:

  • On-demand personal mobility for people regardless of age, ability or wealth.
  • Zero-emissions mobility by collecting at least 8,000 vehicle-km of solar electricity per km of rail per typical day.
  • Operate networks regardless of the price or availability of oil.
  • Mobility safety in compliance with ASTM F24 standards.
  • Mobility for freight of various catagories in podcars designed for those purposes.

Actions:           To further that common interest both parties intend to proceed to achieve the following by DATE:

  1. The GOVERNMENT will make a best efforts to adopt the Solar Mobility Act to establish a known regulatory environment. Background links:
    • Solar Mobility Act,
    • Historical References on the need for laws defining access to Rights of Way to build better networks:
      • Capital did not fund construction of the Transcontinental Railroad until a legal framework was established for Rights of Way with the 1862 Pacific Railroad Act,
      • Capital did not invest in the Internet until after the Federal communications monopoly was declared unconstitutional in 1982:
  2. The GOVERNMENT will make a best efforts to adopt a Network Franchise Ordiance similar to franchises for cable TV and power utilities.
  3. The GOVERNMENT intends to grant approximately __x__ km of rights of way for a JPods network for a period of 30 years (LOCATION).  This rights of way will allow the network to provide passenger transport, freight transport, trash and other waste removal, construction and emergency medical services.
  4. JPODS intends fund, build and operate JPods network meeting all mutually agreed to specifications and esthetic considerations.  JPods may limit the scope of operation to assure function and safety.
  5. JPODS intends provide an initial project plan by ___date___; final financing plan by ____date___; final technical and safety documentation by ___date____.  The GOVERNMENT will issue/reject Rights of Way agreement and building permits contingent on acceptable engineering and safety plans within 6 weeks of submission. These are essential to capital formation.
  6. Both parties will assign an official point of contact and agree to expedite action items to assure reasonable and efficient compliance with requirements. Drafts of plans and finances may be exchanged in advance of the due dates to facilitate coordinated and speedy actions.
  7. The GOVERNMENT will aid in collaborating with other government agencies as may be required.
  8. JPODS intends to develope a manufacturing base for solar-powered transportation networks at the LOCATION.
  9. JPODS intends to form the LOCATION Local Mobility Company (LMC) to own and operate the competed network. Each Thursday at 3 PM, JPODS will sell networks that are operational and certified to the engineering and safety standards to the LMC. JPODS will assist the LMC in obtaining commercial bonds to buy the rail networks and provide a guarentee to the bond holders. 

Individuals signing this agreement have the authority to act for their parties and in support of the agreement.  The items specified in the Letter of Intent are within the capacity of each party to fulfill. This Letter is not legally binding. Any money and effort spent by either party is at their own risk.


_____________________________                _______________________________

???                                                                    William James

ZZZZ                                                                  JPods, Inc.

Title                                                                  President

Example of simple intent:


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