Budget and Membership Fee Sample Clauses

Budget and Membership Fee. 6.1 For each calendar year, and prior to such calendar year, the Parties shall have their Representatives, in their capacity of Board members, to present a proposal on the membership fees, which proposal shall be accompanied with an overview stating which amount of the yearly budget of the Association is to be covered by membership fees from the Parties and which amount is to be covered by service fees to be paid by the members of the Photonics21 B.o.S.. The proposal will always provide that the membership fees to be paid per Member shall the equal to the service fee to be paid per member of the Photonics21 B.o.S..
Sample 1
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