Charitable/Service Operations Agreement Sample Contracts

Charitable/Service Operations Agreement
Charitable/Service Operations Agreement • April 20th, 2017

This CHARITABLE/SERVICE OPERATIONS AGREEMENT (as amended from time to time, the “Operating Agreement”) is entered into as of March 30, 2017 (effective however as of May 1, 2017) by and between the Rotary Club of McHenry, an Illinois corporation (together with its successors and assigns, the “Club”) and the Rotary Club of McHenry Charitable Foundation, Inc., an Illinois not for profit corporation and a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code (together with its successors and assigns, the “Foundation”). As used herein, terms which are defined in the Governing Documents or the Foundation Governing Documents shall have the meanings ascribed to such defined terms in such Governing Documents and Foundation Governing Documents, as such terms are defined in Section OA-1.1. Governing Documents, below.

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