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A letter of intent (LOI or LoI, or Letter of Intent) is a document outlining the understanding between two or more parties which they intend to formalize in a legally binding agreement. The concept is similar to a heads of agreement , term sheet or memorandum of understanding .
[1] [2] They specify the name of the ship, the conditions of employment (including the size and ratings of the intended complement), seafarer's compensation (shares or payments), the nature of the voyage(s) and duration, [3] and the regulations to be observed aboard ship and in port, including punishable offenses and punishments.
A direct commission officer (DCO) is a United States uniformed officer who has received an appointed commission without the typical prerequisites for achieving a commission, such as attending a four-year service academy, a four-year or two-year college ROTC program, or one of the officer candidate school or officer training school programs, the latter OCS/OTS programs typically slightly over ...
A set of heads of agreement, heads of terms, or letter of intent is a non-binding document outlining the main issues relevant to a tentative sale, partnership, or other agreement. [ 1 ] A heads of agreement document will only be enforceable when it is adopted into a parent contract and is subsequently agreed upon, unless otherwise stated.
A letter of comfort, sometimes called a "letter of intent", is a communication from a party to a contract to the other party that indicates an initial willingness to enter into a contractual obligation absent the elements of a legally enforceable contract. The objective is to create a morally binding but not legally binding assurance.
The chief of the boat (COB) is an enlisted sailor on board a U.S. Navy submarine who serves as the senior enlisted advisor to both the Commanding Officer (CO) and Executive Officer (XO). Overview [ edit ]
The ideals taught at Parris Island “are the best of what human beings can do,” said William P. Nash, a retired Navy psychiatrist who deployed with Marines to Iraq as a combat therapist. “It’s these values that give you some chance of doing something good in a war, and limiting collateral damage, however right or wrong” the war itself is.
This is a list of naval officer designators in the United States Navy.In the United States Navy, all active and reserve component officers are assigned to one of four officer communities, based on their education, training, and assignments: Line Officers (divided into Unrestricted Line or URL, Restricted Line or RL, and Restricted Line Special Duty or RL SD), Staff Corps Officers, Limited Duty ...