General Participation Agreement
TELECOM INFRA PROJECT, INC.General Participation Agreement
By the signature of its authorized representative below, Applicant, including its Affiliates (as defined in the Bylaws), agrees to be bound by the terms hereof, as well as the terms and conditions stated in the Certificate of Incorporation, Bylaws, and Intellectual Property Rights Policy (“Organizational Documents”) of the Telecom Infra Project, Inc. (the “Project”) as may apply to the Participant classifications stated in the Bylaws. Copies of the Project Organizational Documents are available for review at the Project website. Applicant is encouraged to review these materials prior to the execution of this Agreement.
No Participation Agreement is binding on the Project unless countersigned by an authorized representative of the Project. Participation in Project is generally open to any entity supportive of Project’s purpose as stated in the Bylaws, which has executed the Participation Agreement. By signing below, the individual executing this Agreement on behalf of Applicant warrants that he or she has all requisite signing authority for and on behalf of the entity seeking entry.
The term of participation shall be on a year-to-year basis, expiring on the calendar anniversary 365th date of acceptance of this application. Unless the Board of Directors elects to initiate yearly dues, all this Agreement will automatically renew for an additional term of one (1) calendar year. Should the project initiate yearly dues for General Participants, the Project invoice the then-current dues or renewal fee to Participants ninety (90) days prior to the expiration of the pending term and Participant’s payment thereof shall constitute a renewal of participation as a participant. Failure to make a timely renewal payment shall be cause for suspension and termination of this Agreement and all Participant benefits.
The undersigned agrees that, once accepted, all participation fees are nonrefundable for any reason, including termination of this Agreement. There is no duty to renew this Participation Agreement and renewal may only be accomplished as set forth above.
Any claim or dispute arising under or relating to this Project Participation Agreement shall be governed by the internal substantive laws of the State of Delaware, without regard to principles of conflict of laws.
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Document Name: General Participation Agreement
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