Terminating a Joint Membership Sample Clauses

Terminating a Joint Membership. Joint Members shall notify the Cooperative in writing of a failure to Occupy the same Location to or for which the Cooperative Provides or will Provide a Cooperative Service. Upon determining or discovering the failure to Occupy the same Location to or for which the Cooperative Provides or will Provide a Cooperative Service: (1) if one Joint Member remains qualified to be a Member and continues to Use a Cooperative Service at the same Location, then the Joint Membership converts to a membership comprised of this Person; (2) if more than one Joint Member remains qualified to be a Joint Member and continues to Use a Cooperative Service at the same Location, then the Joint Membership converts to a membership comprised of these Persons; (3) if all Joint Members remain qualified to be Joint Members and continue to Use a Cooperative Service at the same Location, then the Joint Membership converts to a membership of Persons determined by Cooperative; and (4) if no Joint Member remains qualified to be a Member and continues to Use a Cooperative Service at the same Location, then the Joint Membership terminates.
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Terminating a Joint Membership. Joint Members shall notify the Cooperative in writing of a cessation of the common enterprise or the occupancy of the same Location forming the basis for the Joint Membership. Upon determining or discovering the cessation of the qualifying relationship: (1) if one Joint Member remains qualified to be a Member and continues to Use a Cooperative Service at the same Location, then the Joint Membership converts to a membership comprised of such Individual; (2) if more than one Joint Member remains qualified to be a Joint Member and continues to Use a Cooperative Service at the same Location, then the Joint Membership converts to a new Joint Membership comprised of such Individuals; and (3) if no Joint Member remains qualified to be a Member and continues to Use a Cooperative Service at the same Location, then the Joint Membership terminates.

Related to Terminating a Joint Membership

  • Termination for Cause; Resignation Without Good Reason If the Company terminates Executive’s employment with the Company for Cause, or Executive resigns without Good Reason, then Executive will not be entitled to any further compensation from the Company (other than accrued salary, and accrued and unused vacation, through Executive’s last day of employment), including severance pay, pay in lieu of notice or any other such compensation.

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