Common use of General Membership Fee Scale Clause in Contracts

General Membership Fee Scale. In calculating the appropriate fee for General membership, please indicate your current consolidated employee2 headcount here: . Select Consolidated Employees General Membership Fees2 ☐ 5,000 and above $25,000 ☐ From 500 to 4,999 $15,000 ☐ From 100 to 499 $10,000 ☐ Up to 99 $2,500 Solely for purposes of calculating fees, Consolidated Employees include all employees of Related Companies (as defined in the Charter), which include any direct and indirect parent companies, and all sister and subsidiary entities. Employees do not include third party contractors. Membership fees are due and payable within thirty days of the date of invoice from the LF. Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. The second year’s invoice will be sent at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a pro-rated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced and membership will proceed on a calendar-year renewal cycle thereafter). All fee amounts are irrevocable and non-refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF projects. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other Directed Fund members depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub period, and its obligation to pay participation fees for the following calendar year or stub period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before December 1 of the current membership year.

Appears in 2 contracts

Samples: Directed Fund Participation Agreement, Directed Fund Participation Agreement

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General Membership Fee Scale. In calculating the appropriate annual fee for General membership, please indicate your current consolidated employee2 employee1 headcount here: . Select Consolidated Employees Annual General Membership Fees2 5,000 and above $25,000 ☐ From 500 to 50,000 Between 2,000 and 4,999 $15,000 ☐ From 100 25,000 Between 500 and 1,999 $10,000 Up to 499 $10,000 ☐ Up to 99 $2,500 5,000 Solely for purposes of calculating fees, Consolidated Employees include all employees of Related Companies (as defined in the Charter), which include any direct and indirect parent companies, and all sister and subsidiary entities. Employees do not include third party contractors. Membership For General Members, at the first anniversary of membership, if membership is not canceled at least thirty days prior to the first anniversary of membership, a pro-rated amount of fees are for the remainder of that calendar year will be assessed (and membership will proceed on a calendar-year based renewal cycle thereafter). PR: Please initial here if you do not want the LF to consider announcing your participation via press release: Logo Usage: Please initial here if you do not want the LF to display your logo on Directed Fund’s web site: _ For all levels of membership, an initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. The second year’s invoice will be sent at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a pro-rated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced and membership will proceed on a calendar-year renewal cycle thereafter). All fee amounts are irrevocable and non-non- refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF projects. All Fee amounts are irrevocable commitments based in US Dollars. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other Directed Fund members depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub period, and its obligation to pay participation fees for the following calendar year or stub period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before December 1 of the current membership year. If all outstanding membership fees obligations are paid, a member who chooses not to renew membership or cancels their membership will no longer be subject to any membership obligations, including membership fee obligations, of LF Energy.

Appears in 1 contract

Samples: Participation Agreement

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General Membership Fee Scale. In calculating the appropriate fee for General membership, please indicate your current consolidated employee2 employee1 headcount here: . Select Consolidated Employees General Membership Fees2 ☐ 5,000 and above $25,000 ☐ From 500 to Between 2,000 and 4,999 $15,000 ☐ From 100 to 499 Between 500 and 1,999 $10,000 ☐ Up to 99 499 $2,500 5,000 Solely for purposes of calculating fees, Consolidated Employees include all employees of Related Companies (as defined in the Charter), which include any direct and indirect parent companies, and all sister and subsidiary entities. Employees do not include third party contractors. Membership For General Members, at the first anniversary of membership, if membership is not canceled at least thirty days prior to the first anniversary of membership, a pro-rated amount of fees are for the remainder of that calendar year will be assessed (and membership will proceed on a calendar-year based renewal cycle thereafter). PR: Please initial here if you do not want the LF to consider announcing your participation via press release: Logo Usage: Please initial here if you do not want the LF to display your logo on Directed Fund’s web site: _ For all levels of membership, an initial full year’s payment of fees is due upon receipt and acceptance of an executed membership agreement and payable within thirty days of the date of invoice from the LF. Agreements signed before the 15th of the month will be invoiced as if active on the first of the month of signature. Agreements signed on or after the 15th will be invoiced as if active on the 1st of the following month. The second year’s invoice will be sent at the first anniversary of membership. At the second anniversary of membership, if membership is not canceled at least thirty days prior to the second anniversary of membership, a pro-rated amount of the applicable fees for the remainder of that calendar year (a “stub period”) will be invoiced and membership will proceed on a calendar-year renewal cycle thereafter). All fee amounts are irrevocable and non-non- refundable commitments based in US Dollars. We reserve the right to refuse your Participation Agreement if you have outstanding obligations to the LF or any other LF projects. In no event will fees be refunded, upon a Member’s resignation or otherwise. Each Member acknowledges that the LF and other Directed Fund members depend upon reliable participation renewal information to budget effectively, and that the LF’s ability to provide services to the Directed Fund would suffer in the event of nonpayment of participation fees. Each Member acknowledges The Linux Foundation’s Good Standing Policy, available at xxxxx://xxx.xxxxxxxxxxxxxxx.xxx/good-standing-policy. Notice of any increase in participation fees for the following calendar year will be given on or before October 15 in the current calendar year. Member’s participation for each calendar year and any stub period, and its obligation to pay participation fees for the following calendar year or stub period, as applicable, will renew annually for successive one-year terms, unless the applicant delivers written notice of non-renewal to the LF on or before December 1 of the current membership year.

Appears in 1 contract

Samples: Directed Fund Participation Agreement

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