Redistribution of Water. All of a withdrawing Project Participant’s Water Allotment, if any, shall be subject to redistribution among the remaining Project Participants. Each remaining Project Participant shall be entitled to a pro-rated amount of the withdrawing Project Participant’s Water Allotment, if any, based upon the then applicable Water Allotment Table. Redistribution of the withdrawing Project Participant’s Water Allotment to the remaining Project Participants shall take place within sixty (60) days of the Parties receiving written notice of the withdrawing Project Participant’s intent to withdraw from this Agreement. During this sixty (60) dayperiod a Project Participant will notify the Cooperative in writing of its intent to take some or all of the withdrawing Project Participant’s Water Allotment. Any redistribution of the withdrawing Project Participant’s Water Allotment to another Project Participant must be reviewed andapproved by the Project Board as to technical feasibility. If two or more existing Project Participants exercise their right to take all of the withdrawing Project Participant’s Water Allotment, then the withdrawing Project Participant’s Water Allotment shall be redistributed in proportionate portions to the Project Participants, which requested redistribution. Any of the withdrawing Party’s Water Allotment that is not redistributed, shall become Excess Water.
