Common use of Sector Eligibility and Membership Clause in Contracts

Sector Eligibility and Membership. To be eligible to be a member of the Sector, a person must hold a limited access Northeast multi‐species permit and meet all other Sector eligibility requirements established from time to time by the Sector’s Board of Directors (the “Board”). Any person wishing to become a Sector member must submit an application no later than sixty (60) days prior to the annual deadline by which Sector applications must be submitted to NMFS. Sector membership shall be effective upon admission of a member by the Board and acceptance by execution by such member of the Sector’s Membership Agreement. Subject to the automatic renewal provisions of Section 12 below, and the disciplinary expulsion provisions of Section 13 below, Sector membership shall expire at the conclusion of each fishing year, unless renewed by the Board in accordance with the Sector’s Bylaws and this Agreement. The Sector’s members (the “Members”), such Members’ “Limited Access Multispecies Permit” (LA MS) as identified by its “Moratorium Rights Identifier” (MRI), and the vessels that will harvest the Sector’s Amendment 16 allocations are identified on the attached Exhibit A , which may be amended from time to time in accordance with this Agreement and the Sector’s Bylaws.

Sector Eligibility and Membership. To be eligible to be a member of the Sector, a person must hold a limited access Northeast multi‐species permit and meet all other Sector eligibility requirements established from time to time by the Sector’s Board of Directors (the “Board”). Any person wishing to become a Sector member must submit an application no later than sixty (60) days prior to the annual deadline by which Sector applications must be submitted to NMFS. Sector membership shall be effective upon admission of a member by the Board and acceptance by execution by such member of the Sector’s Membership Agreement. Subject to the automatic renewal provisions of Section 12 below, and the disciplinary expulsion provisions of Section 13 below, Sector membership shall expire at the conclusion of each fishing year, unless renewed by the Board in accordance with the Sector’s Bylaws and this Agreement. The Sector’s members (the “Members”), such Members’ “Limited Access Multispecies Permit” (LA MS) as identified by its “Moratorium Rights Identifier” (MRI),), and the vessels that will harvest the Sector’s Amendment 16 allocations are identified ientified on the attached Exhibit A , which may be amended from time to time in accordance with this Agreement and the Sector’s Bylaws.

Sector Eligibility and Membership. To be eligible to be a member of the Sector, a person must hold a limited access Limited Access Northeast multi‐species permit and meet all other Sector eligibility requirements as established from time to time by the Sector’s Board of Directors (the “Board”). Any person wishing to become a Sector member must submit an application no later than sixty (60) days prior to the annual deadline by which Sector applications contracts must be submitted to NMFS. Sector membership shall be effective upon admission of a member by the Board and acceptance by execution by such member of the Sector’s Membership Agreement. Subject to the automatic renewal provisions of Section 12 below, and the disciplinary expulsion provisions of Section 13 below, Sector membership shall expire at the conclusion of each fishing year, unless renewed by the Board in accordance with the Sector’s Bylaws and this Agreement. The Sector’s members (the “Members”), such Members’ “Limited Access Multispecies Permit” (LA MS) as identified by its “Moratorium Rights Identifier” (MRI), and the vessels that will harvest the Sector’s Amendment 16 allocations are identified on the attached Exhibit A C, which may be amended from time to time in accordance with this Agreement and the Sector’s Bylaws.

Sector Eligibility and Membership. To be eligible to be a member of the Sector, a person must hold a limited access Northeast multi‐species permit and meet all other Sector eligibility requirements established from time to time by the Sector’s Board of Directors (the “Board”). Any person wishing to become a Sector member must submit an application no later than sixty (60) days prior to the annual deadline by which Sector applications must be submitted to NMFS. Sector membership shall be effective upon admission of a member by the Board and acceptance by execution by such member of the Sector’s Membership Agreement. Subject to the automatic renewal provisions of Section 12 below, and the disciplinary expulsion provisions of Section 13 below, Sector membership shall expire at the conclusion of each fishing year, unless renewed by the Board in accordance with the Sector’s Bylaws and this Agreement. The Sector’s members (the “Members”), such Members’ “Limited Access Multispecies Permit” (LA MS) as identified by its “Moratorium Rights Identifier” (MRI), and the vessels that will harvest associated with the Sector’s allocations under Amendment 16 allocations are identified on the attached Exhibit A A, which may be amended from time to time in accordance with this Agreement and the Sector’s Bylaws. Vessels are not listed in Exhibit A because this is a lease‐only Sector, and there will not be any active vessels in FY2010.

Sector Eligibility and Membership. To be eligible to be a member of the Sector, a person must hold a limited access Limited Access Northeast multi‐species multispecies permit and meet all other Sector eligibility requirements as established from time to time by the Sector’s Board of Directors (the “Board”). Any person wishing to become a Sector member must submit an application no later than sixty (60) days prior to the annual deadline by which Sector applications contracts must be submitted to NMFS. Sector membership shall be effective upon admission of a member by the Board and acceptance by execution by such member of the Sector’s Membership Agreement. Subject to the automatic renewal provisions of Section 12 below, and the disciplinary expulsion provisions of Section 13 below, Sector membership shall expire at the conclusion of each fishing year, unless renewed by the Board in accordance with the Sector’s Bylaws and this Agreement. The Sector’s members (the “Members”), such Members’ “Limited Access Multispecies Permit” (LA MS) as identified by its “Moratorium Rights Identifier” (MRI), and the vessels that will harvest the Sector’s Amendment 16 allocations are identified on the attached Exhibit A C, which may be amended from time to time in accordance with this Agreement and the Sector’s Bylaws.Bylaws.‌