Common use of Subsequent Membership Clause in Contracts

Subsequent Membership. Eligible public agencies that seek membership after the expiration of the Initial Membership Period, may become Members of the Authority as follows: (1) delivering to the Authority’s Secretary a duly approved and executed copy of this Agreement; (2) paying the Subsequent Membership Fee as specified in Section 5.01(b); (3) obtaining the express approval of the Authority’s Board of Directors (the “Board”) to become a Member; and (4) complying with any further requirements mandated by the Board. Admission of Members after the Initial Membership Period shall not require amendment to this Agreement. The Secretary shall keep a historical roster of Members and their dates of admission and withdrawal.

Appears in 3 contracts

Sources: Joint Powers Agreement, Joint Powers Agreement, Joint Powers Agreement