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UJ <br />X. DURATION AND TERMINATION <br />10.1 This Agreement continues in effect indefinitely until terminated in <br />accordance with its terms. <br />10.2 The Operations Committee may be dissolved and this Agreement <br />terminated upon adoption of resolutions providing for termination by the city councils of <br />two-thirds of the Parties then in good standing. This Agreement shall also be terminated <br />and the Operations Committee dissolved upon the withdrawal of all Parties leaving only <br />one Party remaining. <br />10.3 In the event of dissolution, the Operations Committee will determine the <br />measures necessary to effect the dissolution and provide for the taking of such measures <br />as promptly as circumstances permit, subject to the provisions of this Agreement and law. <br />10.4 In the event of dissolution, following the payment of all outstanding <br />obligations, assets held by the Operations Committee will be distributed among the then <br />existing members in direct proportion to their cumulative annual membership <br />contributions. If obligations exceed the assets of the Operations Committee, the net <br />deficit of the Operations Committee will be charged to and paid by the then existing <br />members in direct proportion to the annual membership contributions of the year of <br />dissolution. <br />10.5 At the time of a contribution in kind by a Party, the Operations Committee <br />may make such commitments as it deems reasonable for the return of the property to that <br />Party in the event of withdrawal by the Party or dissolution of the organization. <br />