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<br />10. <br /> <br />Te~mination and Oisoosition of P~ooe~tv. <br /> <br />This agreement shall be <br /> <br />,~:':"' <br /> <br />deemed terminated when only one Member continues to participate, or when all <br /> <br />participating Members choose to terminate it. Upon termination, all assets shall <br /> <br />be distributed to the Members still active at the time of termination or to the <br /> <br />one Member continuing to participate. If there is more than one member at the <br /> <br />time or termination. the assets shall be distributed in proportion to those <br /> <br />members' financial participation during the prior fiscal year. <br /> <br />11. New Members. After the effective date of this agreement, additional <br /> <br />governmental entities may become Members of SN1CAT upon application and approval <br /> <br />of the Board of Directors. Approval by the Board of additional Members shall <br /> <br />be conditioned upon the following: <br /> <br />A. The new Members reimburse SAMCAT for the expenses of SAMCAT <br /> <br />resulting from the addition of the new Member, including, but not limited to, <br /> <br />reasonable attorneys' fees, consultants' fees, accountants' fees, engineering <br /> <br />fees and all other such reasonable out-of-pocket expenses as may be incurred. <br /> <br />B. That the elected governing body of the Member adopt <br /> <br />such resolutions and ordinances as shall be appropriate to permit SAMCAT to <br /> <br />operate in a manner that is consistent with the existing operation of SAMCAT. <br /> <br />C. That the new Member'comply with such other conditions as may <br /> <br />be determined appropriate by the Board of Directors, before such new Member is <br /> <br />admitted as a Member of SN1CAT. <br /> <br />D. That the new Member execute a counterpart or this agreement <br /> <br />creating SAt-IeAT. <br /> <br />5 of 8 <br /> <br />11094 <br />