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2020-12-09 CC Packet
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2020-12-09 CC Packet
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Section 10.4. Financial Obligations prior to Withdrawal. A Member who has not given <br />notice of withdrawal on or before June 1 of a given year is obligated for the budgeted revenues <br />and the cost sharing charges fixed by the Board for the ensuing fiscal year in accordance with <br />Article IX. <br /> <br />ARTICLE XI <br />ASSOCIATES <br />Section 11.1. Associates. It is understood that certain LGUs may desire to enter into a <br />contractual arrangement with Metro-INET for limited IT Services. Such LGUs may affiliate with <br />Section 11.2. Admission of Associates. An LGU desiring to become an Associate may do <br />so in the same manner as is applicable to becoming a Member, except as otherwise provided in <br />this Article. <br />Section 11.3. Confirmation of Associate Status. At the time of joining Metro-INET as <br />an Associate, the LGU shall indicate in writing that it is not joining as a Member but as an <br />Associate. <br />Section 11.4. Appointment of Director and Alternate Director. An Associate may <br />appoint a Director and an Alternate Director to the Board but such Director (or Alternate) shall be <br />without voting power, shall not be eligible to serve as an officer and shall not be counted for <br />quorum purposes. <br />Section 11.5. Charges. The Board shall establish the charges to be paid by Associates and <br />for that purpose it may classify Associates in accordance with their varying circumstances. <br />Section 11.6. Application to Become a Member. An Associate may apply for <br />membership status and become a Member upon the requisite vote as required in Article III, Section <br />3.5. <br />Section 11.7. Notice of Withdrawal as Associate. An Associate may discontinue its <br />association with Metro-INET at any time by giving written notice of withdrawal to the secretary. <br />Withdrawal shall not relieve such withdrawing Associate from its obligation to pay any charges <br />which the Associate has incurred up to the time of withdrawal. <br /> <br />ARTICLE XII <br />DISSOLUTION <br /> <br />Section 12.1. Dissolution. Metro-INET shall be dissolved whenever: (1) the total number <br />of remaining Members is less than five; or (2) by two-thirds of the votes represented by all <br />Members of the Board. <br /> <br />12 <br /> <br />
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