Member Address Sample Clauses

Member Address. This agreement pertains to the Trusted Firmware Project (“Project”). The governance for the Project will operate pursuant to the Trusted Firmware Charter (“Charter”). Please note, you do not have to be a member of Linaro to be eligible for membership to the Project. Linaro reserves the right to refuse membership if you have outstanding obligations to Linaro or other Linaro Projects. Members will enjoy the privileges and undertake the obligations described in the Charter and will comply with all such policies as Linaro or the Project’s Governing Board may adopt with notice to members. All fees are stated are in US Dollars. Please select your desired Membership class: Select Membership Class # of Employees 2 Annual Membership Fees Platinum Member1 $50,000 General Member 500+ employees $25,000 <500 employees $10,000 Community Member Universities, Not for Profits $2,500 Individual Member (by invitation only) $500 1 Platinum membership requires an initial two-year membership commitment, annual fee not to be increased during that initial term. 2 # of employees includes all employees of any entity in which a Member owns, directly or indirectly, more than fifty percent of the voting securities or membership interests of the entity in question (“Subsidiaries”). Memberships will renew automatically annually for successive one-year terms unless the member provides written notice of non-renewal to Linaro at least 60 days prior to the end of the current membership term. Membership fees are subject to change by approval of the Governing Board. Members will not be required to pay any new or increased fees adopted by the Project after their effective date of membership, until the Member’s anniversary of membership that first follows the change by at least 90 days. All fees are non-refundable; in no event will fees be refunded upon a Member’s resignation from the Project or otherwise. Upon resignation, Member will continue to be obliged for any outstanding fees, unless the Governing Board agrees otherwise in writing.

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