Subject to a joint-venture finance agreement, EAZEway Bypass Technologies (EBT) will provide unit holders in project-based EAZEway Bypass Income Trusts (EBIT) with licenses to EAZEway intellectual property, general marketing tools and business models (Property) to build and operate EAZEway Bypass networks.

The joint-venture finance agreement defines the project risks, rewards and responsibilities and the proportions shared amongst the income trust unit holders which must include governments-with-jurisdiction for the easements and rights of way needed by the EAZEway bypass in contiguous geographical areas in a single watershed, together with the joint-venture partners approved by those governments and their life-cycle service providers.

The joint-venture partners must agree to extend and protect the Property as described on https://www.EAZEway.org 

The partners agree to develop business applications from the Property for use in the public interest, including but not limited to HARDWARE APPLICATIONS to enable wide area transit; to reduce congestion; to improve public security; to protect regional ecosystems, and, to support interstate transport, AND, SOFTWARE APPLICATIONS for virtual bypassing, virtual prototyping and independent-benchmark asset tracking, AND, A COMMON VISION to promote creative, critical and clear thinking for global solutions.

Implementing an EAZEway Bypass Joint-Venture Project in Ten Phases:

1. Identify a target EAZEway bypass project jurisdiction, invite prospective partners and prepare an initial joint-venture financial agreement. The initial agreement commits the EAZEway Bypass Income Trusts (EBIT) partners to funding and implementing phases 1 through 4 below. The mandate of the initial joint venture is to produce community-approved route and hub bypass design, including specifications and business plans. On completion of phase 4, the initial partners will have options to convert their initial joint-venture financial agreement into a final agreement to finance, build, lease, own, operate and manage (BLOOM) the bypass to meet the community-approved bypass designs, specifications and business plans.

2. Subject to the initial joint-venture finance agreement, the EBIT partners extend the Property by commissioning an Internet-based portfolio of route designs and business plans to define alternatives for bypass-route character, purpose and impact. The extended Property includes sketches, 2-D drawings, 3-D illustrations, animated graphics and virtual-bypass route prototyping, including impact simulation on existing corridor traffic and congestion.

3. Subject to the initial joint-venture finance agreement, the EBIT partners extend the Property by commissioning an Internet-based portfolio of hub designs and business plans to define alternative-bypass hub character, purpose and impact. Property extensions include sketches, 2-D drawings, 3-D illustrations, animated graphics, virtual-bypass hub prototyping and impact simulation on local community.

4. Subject to the initial joint-venture finance agreement, the EBIT partners conduct community 'beauty contests' and referenda to select the preferred bypass route and hub designs from the portfolio, including a selected bypass character, purpose, specifications and business plans.

5. Subject to the initial joint-venture finance agreement, the EBIT partners exercise or sell their options to participate in the final stages of the bypass project and implement the selected route and hub design, including bypass character, purpose, specifications and business plans.

6. Subject to the final joint-venture finance agreement, the EBIT partners equip impacted communities with I-BAT (internet based asset tracking) units to track the movement of public assets through the bypass project giving citizens online access to all the project data and ensure the public interest is paramount.

7. Subject to the final joint-venture finance agreement, the EBIT partners maximize local participation by training and employing local people or contracting with local businesses for the task-talent-time assets needed to implement bypass projects, including complying with government legislation, adding value to regional industries and developing adaptive strategies for economic renewal, public security and environmental protection in the regional community.

8. Subject to the final joint-venture finance agreement, the EBIT partners finance bypass route network and distribute income generated by the network through SEITs (Segregated Easement Income Trusts).

9. Subject to the final joint-venture finance agreement, the EBIT partners finance bypass hubs and distribute income generated by the hubs through REITs (Real-Estate Income Trusts).

10. Subject to the final joint-venture finance agreement, the EBIT partners participate in some combination of building, leasing, owning, operating or managing the EAZEway bypass routes and hubs.