Common use of NEW SIGNATORIES AND PARTICIPATION Clause in Contracts

NEW SIGNATORIES AND PARTICIPATION. Handlers may apply to become Signatories to this Agreement at any time during the fiscal year, but will not officially become signatories until April 1st of that year or on October 1st of that year depending on the time of the year in which the handler wishes to join the Agreement. New signatories to the Agreement will not be certified or granted the right to use the official marks until they have successfully completed a compliance audit and any required corrective actions stemming from that audit. Should certification not be granted after three audits have been completed, the signatory will be considered ineligible for certification during that fiscal year. [Amended 3/5/2008 and 6/14/2011]

NEW SIGNATORIES AND PARTICIPATION. Handlers may apply to become Signatories to this Agreement at any time during the prior to a new fiscal year, but will not officially become signatories until April 1st of that year or on October 1st of that year depending on the time of the year in which the handler wishes to join the Agreementyear. New signatories to the Agreement will not be certified or granted the right to use the official marks until they have successfully completed a compliance audit and any required corrective actions stemming from that audit. Should certification not be granted after three audits have been completed, the signatory will be considered ineligible for certification during that fiscal year. [Amended 3/5/2008 and 6/14/2011]3/5/2008