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may be adjusted, with <strong>the</strong> unanimous consent <strong>of</strong> <strong>the</strong> Signatories, to reflect higher or<br />

lower contributions by <strong>the</strong> Signatories.<br />

26. Each Signatory shall bear <strong>the</strong> entire costs <strong>of</strong> <strong>the</strong> salary and travel expenses <strong>of</strong> its<br />

members on <strong>the</strong> Management Committee, any sub-committee or task force and <strong>of</strong><br />

employees assigned to tasks or activities carried out under this Program and this<br />

Memorandum.<br />

27. The Management Committee will name an Audit Committee and appoint an independent<br />

accountant to provide a Review Engagement annually. Every fifth year, commencing in<br />

2004, <strong>the</strong> Management Committee will appoint an auditor.<br />

DURATION<br />

28. This Memorandum shall take effect April 1, 2005. It will, except where o<strong>the</strong>rwise<br />

provided in this Memorandum, continue in force until terminated upon <strong>the</strong> mutual<br />

agreement <strong>of</strong> all <strong>of</strong> <strong>the</strong> Signatories that remain involved in this Memorandum.<br />

29. Any Signatory to this Memorandum may terminate its involvement, provided that <strong>the</strong><br />

Signatory formally notifies <strong>the</strong> o<strong>the</strong>r Signatories <strong>of</strong> its intent to withdraw from <strong>the</strong><br />

Memorandum and that such notification is received at least one full fiscal year prior to<br />

<strong>the</strong> intended date <strong>of</strong> withdrawal.<br />

AMENDMENTS<br />

30. This Memorandum may be amended by written agreement between all <strong>of</strong> <strong>the</strong> Signatories’<br />

administrative senior representatives within <strong>the</strong> Province <strong>of</strong> British Columbia.<br />

NOTICE<br />

31. Any notice required or permitted to be given under <strong>the</strong> provisions <strong>of</strong> this Memorandum<br />

shall be in writing, and sent by mail or by o<strong>the</strong>r acceptable form <strong>of</strong> communication to <strong>the</strong><br />

address <strong>of</strong> <strong>the</strong> Signatory's representative on <strong>the</strong> Management Committee. Notice shall be<br />

sufficiently served if personally delivered to <strong>the</strong> Signatory to whom it is given or mailed.<br />

REFERENCES<br />

32. Every reference to <strong>the</strong> Signatories in this Memorandum will include any person<br />

designated to act for or on <strong>the</strong>ir respective behalf with regard to any provisions <strong>of</strong> this<br />

Memorandum.<br />

MISCELLANEOUS<br />

2005 REVISED MOU FINAL October 2005.doc 10

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