Strategic Developer Members Clause Samples
The 'Strategic Developer Members' clause defines a specific category of members within an organization or consortium who are recognized for their significant contributions to the development of strategic projects or initiatives. Typically, this clause outlines the criteria for attaining this status, such as investment thresholds, technical input, or leadership in key projects, and may detail the rights or privileges these members receive, such as enhanced voting power or participation in decision-making bodies. Its core function is to formally acknowledge and incentivize major contributors, ensuring that those who drive the organization's strategic direction are appropriately recognized and empowered.
Strategic Developer Members. Strategic Developer Members shall be entities that agree to abide by the obligations set forth in this Agreement including, without limitation, the requirements set forth on Exhibit B and C hereto. Strategic Developer Members shall be entitled to Board representation and shall be permitted to vote with the Membership At- Large, as set forth in the Bylaws.