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I <br /> [ <br /> 1 <br /> Section 10. Funds. <br /> i <br /> Subject to the applicable provisions of any Indenture, which may provide for a trustee or <br /> other fiduciary to receive, have custody of and disburse Authority funds, the Treasurer of the <br /> Authority shall receive, have the custody of and disburse Authority funds pursuant to the <br /> accounting procedures developed under Sections 3 .0 and 9, and shall make the disbursements <br /> required by this Agreement or otherwise necessary to carry out any of the provisions of purposes <br /> of this Agreement. <br /> Section 11. Notices. <br /> Notices and other communications hereunder to the Members shall be sufficient if <br /> delivered to the clerk of the governing body of each Member; provided that, to the extent <br /> permitted by law, the Authority may provide notices and other communications and postings <br /> electronically (including, without limitation, through email or by posting to a website). <br /> Section 12. Additional Members/Withdrawal of Members. <br /> Qualifying public agencies may be added as parties to this Agreement and become <br /> Charter Members upon: ( I) the filing by such public agency with the Authority of an executed <br /> counterpart of this Agreement, together with a copy of the resolution of the governing body of j <br /> such public agency approving this Agreement and the execution and delivery hereof; and (2) <br /> adoption of a resolution of the Board approving the addition of such public agency as a Charter <br /> Member. Upon satisfaction of such conditions, the Board shall file such executed counterpart of <br /> this Agreement as an amendment hereto, effective upon such filing. <br /> I <br /> Qualifying public agencies may also be added as Non-Charter Members ("Additional <br /> Members") of the Authority upon: (1) the filing by such public agency with the Authority of a <br /> resolution of the governing body of such public agency requesting to be added as an Additional <br /> Member of the Authority, and (2) adoption of a resolution of the Board approving the addition of <br /> such public agency as an Additional Member. An Additional Member may limit in the <br /> aforementioned resolution the scope of its Additional Membership to what is necessary or <br /> appropriate to facilitate the financing or refinancing of one or more specified projects or <br /> programs. <br /> A Member may withdraw from this Agreement upon written notice to the Board; <br /> provided, however, that at least one Member shall be a Charter Member and no such withdrawal <br /> shall result in the dissolution of the Authority so long as any Bonds remain outstanding. Any <br /> such withdrawal shall be effective only upon receipt of the notice of withdrawal by the Board, <br /> which shall acknowledge receipt of such notice of withdrawal in writing and shall file such <br /> notice as an amendment to this Agreement effective upon such filing. <br /> Section 13. Indemnification. <br /> To the full extent permitted by law, the Board may authorize indemnification by the <br /> Authority of any person who is or was a Director or an officer, employee or other agent of the <br /> Authority, and who was or is a party or is threatened to be made a party to a proceeding by <br /> ONSIJSA:761103270.3 PL 201 -42-42 [24113.docl 8 <br />