Common use of Direct Support Clause in Contracts

Direct Support. The District Board of Trustees may establish an annual service fee to support Foundation functions, upon the recommendation of the Superintendent/President throughPresident through the District’s Adopted Budget. The annual service fee may include a base service support amount and any additional amounts designated for unrestricted or restricted purposes within the authorized functions of the Foundation. The approved annual fee, if any, shall be distributed on either a monthly or quarterly basis as mutually determined by the Parties.

Appears in 1 contract

Sources: Operating Agreement

Direct Support. The District Board of Trustees may establish an annual service fee to support Foundation functions, upon the recommendation of the Superintendent/President throughPresident through the District’s Adopted Budget. The annual service fee may include a base service support amount and any additional amounts designated for unrestricted or restricted purposes within the authorized functions of the Foundation. The approved annual fee, if any, shall be distributed on either a monthly or quarterly basis as mutually determined by the Parties.

Appears in 1 contract

Sources: Operating Agreement