Common use of Membership Levels Clause in Contracts

Membership Levels. The membership levels and associated fees are listed below. Membership Class Annual Membership Fees2 Associate Member1 (for a pre-approved open source project, non- governmental organization, academic institution, or government research institution) $0 The annual fee for Silver membership is determined according to the following table, based on your current consolidated employee headcount: Consolidated Employees3 Silver Fees2 3,000 employees and above $20,000 Between 1000 and 2,999 $15,000 Less than 1000 $5,000 1 Requires approval by the CIP Governing Board for acceptance. 2 All fee amounts are based in US Dollars. An initial full year’s payment of fees is due upon Membership. At the first anniversary of membership a pro-rated amount of fees for the remainder of that calendar year will be assessed (and membership will proceed on a calendar-year based renewal cycle thereafter). 3 Consolidated employees include all employees of the related companies, including any parent company, sister, or subsidiary entities, excluding third party contractors.