0001204459-07-000100 Sample Contracts

LETTER OF INTENT
Letter Of • January 18th, 2007 • ICP Solar Technologies Inc. • Semiconductors & related devices

This letter is intended to be binding on both parties. The parties agree to finalize a definitive agreement (the "Definitive Agreement"), which will expand on the business terms set out in section 1 below and employment agreements based on the employment terms set out in section 1.1 below, within 30 days of the signing of this letter.

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