Common use of Rights and Obligations of Chapter Clause in Contracts

Rights and Obligations of Chapter. Chapter agrees to conduct business in accordance with TRL policies and procedures, as may be amended from time to time, codes of conduct, and the provisions of this Agreement. Chapter shall ensure that any activities related to the TRL Brand promote TRL’s charitable purpose. Affiliate agrees to post TRL materials on the authorized TRL website, and use TRL email and social media handles in the promotion of TRL materials, programs and activities. Chapter shall endeavor to sponsor a minimum of 3-5 programs and activities per year that fulfill the purposes and objectives of this Agreement. All presentations, materials and sponsor/vendors related to the TRL Brand which are developed by Chapter must be approved by TRL in accordance with TRL guidelines as promulgated from time to time. This includes approval on all sponsor and partnerships for TRL branded events. Approval requests must be formally submitted no later than 3 weeks prior to event. Chapter is responsible for obtaining and maintaining appropriate insurance for its activities, including without limitation, events and programs related to this Agreement. Chapter agrees to file with TRL an annual report which shall be due July 1 of each year, or as otherwise specified by TRL (the “Annual Report”). Such Annual Report shall include the following information, as well as all other such information as TRL shall reasonably require of Chapter: • A copy of Chapter’s audited or reviewed financial statements, if required. If not required, a copy of the annual Statement of Activities, showing actual results compared to budget; • A copy of Chapter’s Management Letter, if issued; • A copy of Internal Revenue Service Return of Organization Exempt from Income Tax Return (Form 990, 990-EZ or 990-N); and • A copy of Chapter’s State Annual Filing Report. Additionally, Chapter shall provide TRL the following on a semi-annual basis: • Information summarizing the activities and events conducted in the last six months by Chapter, such as type of events, number attended, members reached, etc. Additionally, from time to time, TRL may request certain information. Chapter agrees to provide this information to TRL within thirty (30) days of such a request. Chapter agrees to comply with all applicable laws, regulations, and ordinances, including without limitation the Code and regulations related to exempt organizations.

Rights and Obligations of Chapter. Chapter agrees to conduct business in accordance with TRL policies and procedures, as may be amended from time to time, codes of conduct, procedures and the provisions of this Agreement. Chapter shall ensure that any activities related to the TRL Brand promote TRL’s charitable purpose. Affiliate agrees to post TRL materials on the authorized TRL website, and use TRL email and social media handles in the promotion of TRL materials, programs and activities. Chapter shall endeavor to sponsor a minimum of 3-5 programs and activities per year that fulfill the purposes and objectives of this Agreement. All presentations, materials and sponsor/vendors related to the TRL Brand which are developed by Chapter must be approved by TRL in accordance with TRL guidelines as promulgated from time to time. This includes approval on all sponsor and partnerships for TRL branded events. Approval requests must be formally submitted no later than 3 weeks prior to event. Chapter is responsible for obtaining and maintaining appropriate insurance for its activities, including without limitation, events and programs related to this Agreement. Chapter agrees to file with TRL an annual report which shall be due July 1 of each year, or as otherwise specified by TRL (the “Annual Report”). Such Annual Report shall include the following information, as well as all other such information as TRL shall reasonably require of Chapter: • A copy of Chapter’s audited or reviewed financial statements, if required. If not required, a copy of the annual Statement of Activities, showing actual results compared to budget; • A copy of Chapter’s Management Letter, if issued; • A copy of Internal Revenue Service Return of Organization Exempt from Income Tax Return (Form 990, 990-EZ or 990-N); and • A copy of Chapter’s State Annual Filing Report. Additionally, Chapter shall provide TRL the following on a semi-annual basis: • A six-month financial report including Statement of Activities (Income Statement) showing actual results compared to budget, and Statement of Financial Position (Balance Sheet); • A listing of board members and executive leadership team members; and • Information summarizing the activities and events conducted in the last six months by Chapter, such as type of events, number attended, members reached, etc. Additionally, from time to time, TRL may request certain informationinformation required to maintain its tax- exempt status. Chapter agrees to provide this information to TRL within thirty (30) days of such a request. Chapter agrees to comply with all applicable laws, regulations, and ordinances, including without limitation the Code and regulations related to exempt organizations.

Rights and Obligations of Chapter. Chapter agrees to conduct business in accordance with TRL policies and procedures, as may be amended from time to time, codes of conduct, and the provisions of this Agreement. Chapter shall ensure that any activities related to the TRL Brand promote TRL’s charitable purpose. Affiliate agrees to post TRL materials on the authorized TRL website, and use TRL email and social media handles in the promotion of TRL materials, programs and activities. Chapter shall endeavor to sponsor a minimum of 3-5 programs and activities per year that fulfill the purposes and objectives of this Agreement. All presentations, materials and sponsor/vendors related to the TRL Brand which are developed by Chapter must be approved by TRL in accordance with TRL guidelines as promulgated from time to time. This includes approval on all sponsor and partnerships for TRL branded events. Approval requests must be formally submitted no later than 3 weeks prior to event. Chapter shall obtain and maintain at its sole cost and expense, the insurance set forth on Exhibit A with an Insurance carrier qualified and admitted to do business in the State where they are located. Chapter shall provide TRL prior to the effectiveness of this Agreement a Certificate of Insurance evidencing compliance with the insurance procurement requirements stated herein, in standard XXXXX form and attached to the certificate of insurance shall be a copy of the Additional Insured Endorsement that is responsible for obtaining part of the Chapter’s Commercial General Liability Policy and maintaining appropriate insurance for its activities, including without limitation, events and programs related to this Agreementshall in the future provide Certificates of Insurance upon TRL’s request. Chapter agrees to file with TRL an annual report which shall be due July 1 of each year, or as otherwise specified by TRL (the “Annual Report”). Such Annual Report shall include the following information, as well as all other such information as TRL shall reasonably require of Chapter: • A copy of Chapter’s audited or reviewed financial statements, if required. (Each state has different filing requirements for 501c3 organizations. This will also include a copy of the chapter’s management letter, if issued.) • If not required, a copy of the annual Statement of Activities, showing actual results compared to budget; • A copy of Chapter’s Management Letter, if issued; an income statement and balance sheet. • A copy of Internal Revenue Service Return of Organization Exempt from Income Tax Return (Form 990, 990-EZ or 990-N); and • A copy of Chapter’s State Annual Filing Report. (Each state has its own filing requirements for nonprofits.) Additionally, Chapter shall provide TRL the following on a semi-annual basis: • Information A program report, summarizing the activities and events conducted in the last six months by Chapter, such as type of events, number attended, members reached, etc. Additionally, from time to time, TRL may request certain information. Chapter agrees to provide this information to TRL within thirty (30) days of such a request. Chapter agrees to comply with all applicable laws, regulations, and ordinances, including without limitation the Code and regulations related to exempt organizations.