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390B.BLD
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1993-03-21
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/* Para. 390b: Joint assn. to run nonprofit BBS */
JOINT BBS OPERATION AGREEMENT
@001 and @002, agree:
@001 and @002 desire to associate to jointly operate a computer
telecommunications service (BBS) as a non-profit venture, to be
named the @003 BBS. The purposes of the joint operation is the
provision of computer telecommunications services to the public.
A. FORMATION
@001 shall contribute the following:
@002 shall contribute the following:
B. BANKING
The parties shall open a banking account at the @004 bank, and
deposit any donations or other receipts related to or arising
from the operation of the BBS in said account. One signature
shall be required for checks below $ 100 (one hundred dollars)
and two signatures shall be required for checks above $ 100.
C. ACCESS AND OPERATION
The BBS shall be located at @005, and all parties hereto shall
reasonable access to the site. No rental shall be charged for use
of the location.
D. OPERATION
It is the intention of the parties to this agreement that the
E.
ADMISSION OF OTHER PARTIES
New parties may be admitted to this operation agreement provided
that all previous parties concur. New parties shall be required
to execute this agreement and any amendments thereto.
TERMINATION OF THE AGREEMENT
Any party hereto may request termination of the agreement by
written notice to all other parties hereto. This shall initiate
the termination procedure.
TERMINATION PROCEDURE
Funds on hand shall be used to pay all outstanding liabilities,
or, if there are excess funds on hand,