Research Reserve. Each Member agrees that the Board may establish a reserve of ACE for each Groundfish species for purposes related to research. The terms and conditions for the distribution of ACE placed into the reserve shall be established through an agreement between the Board and the Member(s) electing to place ACE in the reserve. The amount of the reserve shall not exceed the ACE of such Member(s), their Permits, and their participating Vessels, and shall be deducted from the Sector ACE before such Sector ACE is distributed through Individual ACE, monthly quota targets, or otherwise.
Research Reserve. Each Member agrees that the Board may establish a 15 before such Sector ACE is distributed through Individual ACE or otherwise.
