Common use of Non-Active Members Clause in Contracts

Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Member shall: 15 A. Not fish in any ACE‐accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members; 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Non-Active Members include, but are not limited to payments of the 12 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Non-Active Member shall: 15 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members; 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 11 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 12 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 13 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 14 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 15 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 16 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 17 and fee obligations, each Non‐Active Member shall: 15 18 A. Not fish in any ACE‐accountable fisheries; 16 19 B. Participate only as a transferor with regards to transfer of such 17 20 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 21 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 22 net increase of this Sector’s ACE. 20 23 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector 24 specific tools, other than the information necessary to track the balance of such 22 25 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 26 Permit Offers posted on behalf of Members; 24 27 D. Not have the Rights of First Offer on Sector Harvest Share and 25 28 the related Sector ACE extended to Active Members, which may be adopted or amended 26 29 from time to time by the Board under Section 7.3, and shall not have a right of first 27 1 refusal on Permits extended to Active Members, which may be adopted or amended 28 2 from time to time by the Board under Section 15; 1 3 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 4 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 5 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Non-Active Members include, but are not limited to payments of the 12 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Non-Active Member shall: 15 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector 21 specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members; 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Member shall: 15 A. Not fish in any ACE‐accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members; 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Non-Active Members include, include but are not limited to payments of the 12 initial Membership Fee, Fee and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Non-Active Member shall: 15 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector 21 specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members;. 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15;. 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, Member and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 9 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 10 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 11 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 12 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 13 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 15 and fee obligations, each Non‐Active Member shall: 15 16 A. Not fish in any ACE‐accountable fisheries; 16 17 B. Participate only as a transferor with regards to transfer of such 17 18 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 19 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 20 net increase of this Sector’s ACE. 20 21 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector 22 specific tools, other than the information necessary to track the balance of such 22 23 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 24 Permit Offers posted on behalf of Members; 24 25 D. Not have the Rights of First Offer on Sector Harvest Share and 25 26 the related Sector ACE extended to Active Members, which may be adopted or amended 26 27 from time to time by the Board under Section 7.3, and shall not have a right of first 27 28 refusal on Permits extended to Active Members, which may be adopted or amended 28 29 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Non-Active Members include, include but are not limited to payments of the 12 initial Membership Fee, Fee and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Non-Active Member shall: 15 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members;. 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15;. 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, Member and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 2 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 3 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 4 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 5 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 6 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 8 and fee obligations, each Non‐Active Member shall: 15 9 A. Not fish in any ACE‐accountable fisheries; 16 10 B. Participate only as a transferor with regards to transfer of such 17 11 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 12 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 13 net increase of this Sector’s ACE. 20 14 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector 15 specific tools, other than the information necessary to track the balance of such 22 16 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 17 Permit Offers posted on behalf of Members; 24 18 D. Not have the Rights of First Offer on Sector Harvest Share and 25 19 the related Sector ACE extended to Active Members, which may be adopted or amended 26 20 from time to time by the Board under Section 7.3, and shall not have a right of first 27 21 refusal on Permits extended to Active Members, which may be adopted or amended 28 22 from time to time by the Board under Section 15; 1 23 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 24 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 25 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 12 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 13 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 14 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 15 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 16 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 18 and fee obligations, each Non‐Active Member shall: 15 19 A. Not fish in any ACE‐accountable fisheries; 16 20 B. Participate only as a transferor with regards to transfer of such 17 21 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 22 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 23 net increase of this Sector’s ACE. 20 24 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 26 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 27 Permit Offers posted on behalf of Members; 24 28 D. Not have the Rights of First Offer on Sector Harvest Share and 25 29 the related Sector ACE extended to Active Members, which may be adopted or amended 26 30 from time to time by the Board under Section 7.3, and shall not have a right of first 27 1 refusal on Permits extended to Active Members, which may be adopted or amended 28 2 from time to time by the Board under Section 15; 1 3 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 4 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 5 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Non-Active Members include, but are not limited to payments of the 12 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Non-Active Member shall: 15 A. Not fish in any ACE‐accountable ACE-accountable fisheries; ; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. . 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members; ; 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15; ; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.net

Non-Active Members. The Members acknowledge that 8 2 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 3 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 4 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 5 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 6 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 8 and fee obligations, each Non‐Active Member shall: 15 9 A. Not fish in any ACE‐accountable fisheries; 16 10 B. Participate only as a transferor with regards to transfer of such 17 11 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 12 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 13 net increase of this Sector’s ACE. 20 14 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 16 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 17 Permit Offers posted on behalf of Members; 24 18 D. Not have the Rights of First Offer on Sector Harvest Share and 25 19 the related Sector ACE extended to Active Members, which may be adopted or amended 26 20 from time to time by the Board under Section 7.3, and shall not have a right of first 27 21 refusal on Permits extended to Active Members, which may be adopted or amended 28 22 from time to time by the Board under Section 15; 1 23 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 24 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 25 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 7 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 8 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 9 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 10 Members that are not imposed on Non‐Active Non-Active Members include, include but are not limited to payments of the 12 11 initial Membership Fee, Fee and paying Network and Sector fees in connection with landings of catch 13 12 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 13 and fee obligations, each Non‐Active Non-Active Member shall: 15 14 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 15 B. Participate only as a transferor with regards to transfer of such 17 16 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 17 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 18 net increase of this Sector’s ACE. 20 19 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector 20 specific tools, other than the information necessary to track the balance of such 22 21 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 22 Permit Offers posted on behalf of Members; 24 23 D. Not have the Rights of First Offer on Sector Harvest Share and 25 24 the related Sector ACE extended to Active Members, which may be adopted or amended 26 25 from time to time by the Board under Section 7.3, and shall not have a right of first 27 26 refusal on Permits extended to Active Members, which may be adopted or amended 28 27 from time to time by the Board under Section 15; 1 28 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 29 transferred out of the Sector by such Member, Member and pay the Network Fee on the net 3 30 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 5 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 6 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 7 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 8 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 9 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 11 and fee obligations, each Non‐Active Member shall: 15 12 A. Not fish in any ACE‐accountable fisheries; 16 13 B. Participate only as a transferor with regards to transfer of such 17 14 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 15 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 16 net increase of this Sector’s ACE. 20 17 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 19 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 20 Permit Offers posted on behalf of Members; 24 21 D. Not have the Rights of First Offer on Sector Harvest Share and 25 22 the related Sector ACE extended to Active Members, which may be adopted or amended 26 23 from time to time by the Board under Section 7.3, and shall not have a right of first 27 24 refusal on Permits extended to Active Members, which may be adopted or amended 28 25 from time to time by the Board under Section 15; 1 26 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 27 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 28 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 10 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 11 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 12 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 13 Members that are not imposed on Non‐Active Non-Active Members include, but are not limited to payments of the 12 14 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 15 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 16 and fee obligations, each Non‐Active Non-Active Member shall: 15 17 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 18 B. Participate only as a transferor with regards to transfer of such 17 19 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 20 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 21 net increase of this Sector’s ACE. 20 22 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 24 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 25 Permit Offers posted on behalf of Members; 24 26 D. Not have the Rights of First Offer on Sector Harvest Share and 25 27 the related Sector ACE extended to Active Members, which may be adopted or amended 26 28 from time to time by the Board under Section 7.3, and shall not have a right of first 27 29 refusal on Permits extended to Active Members, which may be adopted or amended 28 30 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 9 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 10 behalf of the Non‐Active Members, and that the Active Members are making certain financial 10 11 contributions to the Sector that are not made by Non‐Active Members. Obligations assumed by Active 11 12 Members that are not imposed on Non‐Active Members include, but are not limited to payments of the 12 13 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 15 and fee obligations, each Non‐Active Member shall: 15 16 A. Not fish in any ACE‐accountable fisheries; 16 17 B. Participate only as a transferor with regards to transfer of such 17 18 member’s Harvest Share within the sector. However, a Non‐Active Member may act as a 18 19 transferee through an Inter‐Sector transfer of ACE provided the transaction results in a 19 20 net increase of this Sector’s ACE. 20 21 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 23 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 24 Permit Offers posted on behalf of Members; 24 25 D. Not have the Rights of First Offer on Sector Harvest Share and 25 26 the related Sector ACE extended to Active Members, which may be adopted or amended 26 27 from time to time by the Board under Section 7.3, and shall not have a right of first 27 28 refusal on Permits extended to Active Members, which may be adopted or amended 28 29 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 5 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 6 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 7 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 8 Members that are not imposed on Non‐Active Non-Active Members include, but are not limited to payments of the 12 9 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 11 and fee obligations, each Non‐Active Non-Active Member shall: 15 12 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 13 B. Participate only as a transferor with regards to transfer of such 17 14 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 15 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 16 net increase of this Sector’s ACE. 20 17 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 19 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 20 Permit Offers posted on behalf of Members; 24 21 D. Not have the Rights of First Offer on Sector Harvest Share and 25 22 the related Sector ACE extended to Active Members, which may be adopted or amended 26 23 from time to time by the Board under Section 7.3, and shall not have a right of first 27 24 refusal on Permits extended to Active Members, which may be adopted or amended 28 25 from time to time by the Board under Section 15; 1 26 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 27 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 28 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 11 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 12 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 13 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 14 Members that are not imposed on Non‐Active Non-Active Members include, include but are not limited to payments of the 12 15 initial Membership Fee, Fee and paying Network and Sector fees in connection with landings of catch 13 16 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 17 and fee obligations, each Non‐Active Non-Active Member shall: 15 18 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 19 B. Participate only as a transferor with regards to transfer of such 17 20 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 21 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 22 net increase of this Sector’s ACE. 20 23 C. Not have access to information on FishTrax, or other Xxxxxx 00 specific tools, other than the information necessary to track the balance of such 22 25 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 26 Permit Offers posted on behalf of Members; 24 27 D. Not have the Rights of First Offer on Sector Harvest Share and 25 28 the related Sector ACE extended to Active Members, which may be adopted or amended 26 29 from time to time by the Board under Section 7.3, and shall not have a right of first 27 1 refusal on Permits extended to Active Members, which may be adopted or amended 28 2 from time to time by the Board under Section 15; 1 3 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 4 transferred out of the Sector by such Member, Member and pay the Network Fee on the net 3 5 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 2 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 3 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 4 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 5 Members that are not imposed on Non‐Active Non-Active Members include, but are not limited to payments of the 12 6 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 8 and fee obligations, each Non‐Active Non-Active Member shall: 15 9 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 10 B. Participate only as a transferor with regards to transfer of such 17 11 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 12 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 13 net increase of this Sector’s ACE. 20 14 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector 15 specific tools, other than the information necessary to track the balance of such 22 16 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 17 Permit Offers posted on behalf of Members; 24 18 D. Not have the Rights of First Offer on Sector Harvest Share and 25 19 the related Sector ACE extended to Active Members, which may be adopted or amended 26 20 from time to time by the Board under Section 7.3, and shall not have a right of first 27 21 refusal on Permits extended to Active Members, which may be adopted or amended 28 22 from time to time by the Board under Section 15; 1 23 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 24 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 25 amount of Sector ACE transferred out of the NEFS Sectors by such Member.

Non-Active Members. The Members acknowledge that 8 Active Members are assuming certain costs and risks associated with harvesting the Sector’s ACE on 9 behalf of the Non‐Active Non-Active Members, and that the Active Members are making certain financial 10 contributions to the Sector that are not made by Non‐Active Non-Active Members. Obligations assumed by Active 11 Members that are not imposed on Non‐Active Non-Active Members include, but are not limited to payments of the 12 initial Membership Fee, and paying Network and Sector fees in connection with landings of catch 13 harvested under the Sector’s ACE. In consideration for the Active Members assuming these costs, risks 14 and fee obligations, each Non‐Active Non-Active Member shall: 15 A. Not fish in any ACE‐accountable ACE-accountable fisheries; 16 B. Participate only as a transferor with regards to transfer of such 17 member’s Harvest Share within the sector. However, a Non‐Active Non-Active Member may act as a 18 transferee through an Inter‐Sector Inter-Sector transfer of ACE provided the transaction results in a 19 net increase of this Sector’s ACE. 20 C. Not have access to information on FishTrax, or other Xxxxxx 00 Sector specific tools, other than the information necessary to track the balance of such 22 Member’s Harvest Share, and specifically, shall not have access to Harvest Share Offers or 23 Permit Offers posted on behalf of Members; 24 D. Not have the Rights of First Offer on Sector Harvest Share and 25 the related Sector ACE extended to Active Members, which may be adopted or amended 26 from time to time by the Board under Section 7.3, and shall not have a right of first 27 refusal on Permits extended to Active Members, which may be adopted or amended 28 from time to time by the Board under Section 15; 1 E. Pay Sector Operating Fees on the net amount of Sector ACE 2 transferred out of the Sector by such Member, and pay the Network Fee on the net 3 amount of Sector ACE transferred out of the NEFS Sectors by such Member.