Common use of Method of Withdrawal Clause in Contracts

Method of Withdrawal. 1. A Member District may withdraw from the Collaborative as of July 1st in any year provided that such district provides written notice to the Executive Director of the Collaborative and the Board of such intent by July 1st of the prior year with an effective date of July 1st for the withdrawal. Upon receipt of such notice, the Collaborative Agreement must be amended (see Article XII) and approved, first, by the Board, then, by a majority of the Member Districts, and finally, by the Board of Elementary and Secondary Education, and provided that the Board of Elementary and Secondary Education has approved the withdrawal by April 30th of the fiscal year in which the withdrawal is to occur.

Appears in 5 contracts

Samples: Articles of Agreement, Edco Collaborative Articles of Agreement, Edco Collaborative Articles of Agreement

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Method of Withdrawal. 1. A Member District may withdraw from the Collaborative as of July 1st in any year provided that such district provides written notice to the Executive Director of the Collaborative and the Board of such intent by Xxxxxxx Xxxxx 2/7/2016 4:34 PM Deleted: December 31st July 1st of the prior year with an effective date of July 1st for the withdrawal. Upon receipt of such notice, the Collaborative Agreement must be amended (see Article XII) and approved, first, by the Board, then, by a majority of the Member Districts, and finally, by the Board of Elementary and Secondary Education, and provided that the Board of Elementary and Secondary Education has approved the withdrawal by April 30th of the fiscal year in which the withdrawal is to occur.

Appears in 2 contracts

Samples: Edco Collaborative Articles of Agreement, Edco Collaborative Articles of Agreement

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