Consortium Membership. Membership in the NASC is open to all qualified companies and academic institutions with the technical capabilities to conduct research and prototype development in the Naval Aviation Technology Areas identified in the OT Agreement. The membership application process will be open throughout the year. Under no circumstances may a NASC Member transfer its membership to any third party, except as set out in Article 10, Assignment. A NASC Member may withdraw from the Consortium at any time by providing written notice to the Lead Member. Membership in NASC renews automatically each year on the Member’s anniversary date, unless otherwise terminated.
Appears in 3 contracts
Samples: Consortium Membership Agreement, Consortium Membership Agreement, Consortium Membership Agreement
