US-00561BG free printable template

MEMBERSHIP AGREEMENT IN MEMBER BASED ORGANIZATION THIS AGREEMENT the Agreement is being made by and between the Caf and the person s executing this Agreement as Member on the last page of this Agreement each an adult resident of the State of Agreement is executed by the parties hereto. Caf owns and operates a facility Facility at street address city state zip code. The Facility includes areas where members can work on their business dreams brainstorm and engage in business and academic...research. Internet access at said Facility as well as beverages and snacks are part of the membership package. The shop in the Facility contains merchandise which can be purchased by members for a reasonable price. This Agreement sets forth the privileges which the Caf will make available to the Member. The Caf and Member do hereby agree as follows 1. Caf shall establish parameters for the acceptance of members which may include but not necessarily be limited to the following a* Completion of a...written membership application the Application and this Agreement in such form as may be prescribed by the Caf. By completion of the Application each Member agrees to be bound by the terms of this Agreement. b. The Member shall be required to pay an initial non-refundable membership fee of and an annual membership fee of. Such fees shall be payable at the time membership is granted and on an annual basis on the day of 20. amounts and at such times as are set forth in the Application accepted by...the Golf Club. c* appropriate. Caf reserves the right to limit the number of members to a level it deems d. In the event Caf receives membership applications in excess of the Caf s established maximum a waiting list shall be established* As additional memberships become available the applicants on the waiting list will be offered membership in the order in which their applications were received* e. The Member acknowledges that membership does not give the Member an equity or ownership interest...in the Caf or the Facilities nor does it give the Member a vested or prescriptive right or easement to use the Facilities. Member acknowledges that the interest acquired pursuant to this Agreement is only that of a revocable license to use the Facilities pursuant to the terms covenants and conditions contained in this Agreement the Rules and Regulations of the Caf and the Application* Members shall not be subject to any liability for capital or operating assessments for the costs and expenses of...owning or operating the Caf or the Facilities nor shall Members be entitled to any revenues or profits relating to the ownership or operation of the Caf or the Facilities. f* membership fees. The Caf shall establish the annual membership fees for each membership year. As used herein a membership year shall be the same as a calendar year unless otherwise established from time to time by the Caf. The Member shall pay the fees in accordance with the terms set forth in the Application accepted by...the Caf.