Common use of Initial Membership Fee Clause in Contracts

Initial Membership Fee. Each new Member District will pay an initial membership fee of $250. The MEUHP Board of Directors reserves the right to assess additional periodic assessments when deemed necessary in the event of financial need as determined by the MEUHP Board of Directors to pay the costs of providing and/or maintaining a self-funded health program for the Member Districts and their enrollees, and all necessary and reasonable expenses related thereto.