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ARTICLE VII <br />Withdrawal and Termination <br />7.1 Withdrawal. <br />A Member may withdraw from ACFPC effective January 1 of any year, subsequent to the <br />Effective Date, by providing a minimum of one (1) year's written notice to the Chair of ACFPC. <br />In the event of withdrawal by any Member, this Agreement shall remain in full force and effect <br />as to all remaining Members and the cost -share model attached as Exhibit B shall be amended. <br />7.2 Termination of the Agreement. <br />This Agreement shall terminate upon the occurrence of any one of the following events: <br />(1) When any Member withdraws pursuant to this Article, so that in the judgment of <br />the remaining Members, as evidenced by a vote of both the Fire Chief Directors <br />and the Elected Official Directors, it becomes impractical or impossible to <br />continue. <br />(2) When necessitated by operation of law, or as a result of a decision by a court of <br />competent jurisdiction; <br />(3) When the Members agree, by resolution of both the Fire Chief Directors and the <br />Elected Official Directors, to terminate the Agreement; <br />7.3 Expulsion of a Member. <br />If a Member fails to perform any material obligation as required by this Agreement, the <br />Bylaws, or applicable law, then ACFPC may, upon sixty (60) days' written notice and continued <br />nonperformance, expel such non-performing Member. <br />7.4 Effect of Termination or Withdrawal. <br />Termination, withdrawal, or expulsion shall not discharge any liability incurred by any of the <br />Members prior to the date of termination, withdrawal, or expulsion. Termination, withdrawal, or <br />expulsion of a Member shall not act to discharge any liability incurred or chargeable to said <br />Member prior to the date of said Member's termination, withdrawal, or expulsion. Liability shall <br />continue until appropriately discharged by law or mutual agreement. If a Member withdraws or <br />is expelled, its contributions of real property, personal property, and/or liquid assets shall be <br />forfeited to ACFPC for its continued use. <br />7.5 Distribution of Assets upon Termination. <br />Upon termination of this Agreement, any and all real and personal assets shall be sold, and, after <br />payment of all liabilities, surplus monies returned to the Members in proportion to their <br />contributions, to be used for public purposes. <br />7 <br />