PAISLEY COOPERATIVE MEMBERSHIP AGREEMENT
Effective Date: July 1, 2024
This Membership Agreement (“Agreement”) is made between the undersigned individual (“Member”) and Paisley LCA, a Colorado limited cooperative association (the “Cooperative”). By accepting this Agreement through the Paisley dApp, the Member acknowledges and agrees to the terms outlined herein, which govern their participation in and relationship with the Cooperative.
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Membership in Paisley Cooperative provides Members with access to exclusive benefits and opportunities within the Cooperative ecosystem. These include full access to the Paisley dApp and its services, eligibility for special access, rewards and grants tied to active participation, and the ability to vote on decisions and contribute ideas that shape the Cooperative’s future. Members also gain early access to new features, exclusive content, and resources, along with opportunities to network and engage in educational activities. Membership during the launch phase is offered free of charge for the inaugural fiscal year.
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By agreeing to this Membership Agreement, the Member affirms they are at least 18 years of age and will comply with the Cooperative’s Bylaws, Articles of Organization, and any additional policies established by the Cooperative. Membership is personal and transferable. It may be revoked if a Member fails to adhere to this Agreement, engages in misconduct, or acts in ways detrimental to the Cooperative’s mission. Members must also maintain accurate contact information, including email, to facilitate effective communication.
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As a Member, you agree to uphold the values of Paisley Cooperative, including decentralization, collaboration, neutrality, transparency, and sustainability. You are expected to engage respectfully with other Members and the community, act in good faith to support the Cooperative’s objectives, and constructively participate in its activities. Violations of this Code of Conduct or actions that undermine the Cooperative’s mission may result in termination of membership.
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The Cooperative will use your email address and other contact information solely to secure your account and provide essential updates. Your personal data will be protected in accordance with the Cooperative’s Privacy Policy, which you are encouraged to review. The Cooperative will not share your email address or other personal information without your explicit consent unless required by law.
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Members may receive access to confidential information, such as strategic plans, financial data, or internal communications. Members agree to maintain the confidentiality of such information during and after their membership and to return or destroy any Cooperative materials upon termination of their membership. Any breach of these confidentiality obligations may result in legal consequences.
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By joining Paisley Cooperative, you agree to indemnify and hold harmless the Cooperative, its officers, and its representatives from any claims, losses, or liabilities arising from your actions or participation in the Cooperative. The Cooperative’s liability to any Member for claims or damages is limited to the lesser of $500 or the value of declared but undistributed patronage dividends, if applicable.
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Any disputes arising from this Agreement or your membership will be resolved through binding arbitration, in accordance with the Cooperative’s Bylaws, and governed by the laws of the State of Colorado. This Agreement, together with the Cooperative’s governing documents, represents the entire understanding between you and the Cooperative. Amendments to this Agreement may be made by the Cooperative’s Board and will be communicated to you in writing. Membership and associated rights are non-transferable without the prior written consent of the Cooperative.
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By checking the box in the Paisley dApp and clicking the submit button you affirm that you have read and agree to the terms of this Membership Agreement. Please print or save a copy for your records.