MEMBERSHIP INFORMATION

 Membership Agreement
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Emerg-e-ShareÒ Membership Agreement

The purpose of this agreement is to define the benefits and limitations of becoming a subscribing Member to the Emerg-e-ShareÒ Mutual Sharing Society for risk management relief. 

 1. Definitions 

2. General Intent 

It is the general intent of EES to provide emergency relief for members who have need for financial relief in the medical or other areas of risk.  EES is not insurance and is intended as an Emergency fund to assist those facing financial hardship due to medical cost and other risks factors.  If you accept this membership agreement you are stating that you understand the emergency-focus of EES and will take due care to not abuse the fund by requesting funds for services, which you are able to pay without incurring an undue financial hardship. FURTHER, if it is discovered that you are abusing the EES fund, EES reserves the right to revoke your membership.

• 2.a         Pursuant to the GENERAL INTENT set forth above, it is further disclosed that the EES program exists for individuals who generally live on a modest income and are therefore unable to afford traditional low-deductible ($500 - $1,500) indemnity plans, but who make too much income to participate in government sponsored risk-management assistance. So, while EES is open to individuals from all income levels, it should be understood that proof of income will be required when a request for funds is made.  This proof will include the minimum of  (a) the front page of the member’s 1040 Form from the most current tax return (note: it must be dated within the last 730 days) and may include (b) a request for a current pay stub(s) or (c) the previous month’s bank statement.  (NOTICE: before sending this information block out any account numbers, social security numbers or other identification numbers only leave your name, address and amounts visible. Other documentation may be required.)

• 2.b        INCOME CEILINGS and their Usages:                                                                                                         EES will use INCOME CEILINGS as both passive and active determinants for share amount requests. The reason for this is that in the spirit of fairness, the mutual sharing concept may unduly enrich a high-income member who may be able to more easily pay a deductible or cost of loss. By virtue of the mutual sharing model, the high-income member’s request may in the case of  pro-rating benefits,  lower the amount that is available for more needy members who are less likely to be able to afford either a deductible or the cost of loss.

• 2.b.1     Exceeding INCOME CEILING:

§          INDIVIDUALS: Any income amount in excess of 2.75 times the sum of the current standard deduction plus the exemption credits allowed by the Internal Revenue Service in the most recent tax year will trigger a member exceeding the INCOME CEILING.  

·          Example: A member who has a family of 6 was allowed by the IRS a standard deduction of $11,000 and an exemption credit of $3,000; The INCOME CEILING would be calculated    11000+(6 x3000)=29000 x 2.75= $79,750

§          CORPORATIONS/ORGANIZATIONS: Any Net Income amount in excess of 2.75 times the sum of the current standard deduction for individuals plus the exemption credit allowed by the Internal Revenue Service for the most recent tax year times the number of members/employees of the organization will trigger a member exceeding the INCOME CEILING.  

·          Example: A Business has 50 employees: in the most recent tax year a single individual was allowed by the IRS a standard deduction of $5,000 and a exemption credit of $3,000 as the single person exemption. The INCOME CEILING would be calculated    5000+(50 x3000)=155000 x 2.75 = $412,500 

§          Exceeding the INCOME CEILING Does NOT affect the ability of any organization or individual to become a member of the EES.

• 2.b.2     Effects on Members whose income exceeds INCOME CEILING

§          At the time of initial Membership, a representative of EES should indicate to the member whether or not their income is in excess of the INCOME CEILING, if their income is in excess of this ceiling they should be notified that they qualify for a reduced annual share amount and that amount should be calculated using the “DEFAULT BENEFIT” guidelines contained herein. (see section 8.c)

 §          Even if a member’s income does not exceed the INCOME CEILING, at the time of initial membership, that member will still be subject to the “DEFAULT BENEFITs” provisions  at the time of any request if they exceed the INCOME CEILING at the time of their request.

• 2.b.3     Exclusions from INCOME CEILING Guidelines

§          The first 1400 members of the EES mutual sharing fund

§          The first 2 requests in a members first anniversary year

§          Non-Profit Organizations with less than $100,000 per year in donations

§          Members who pay at least the minimum advertised annual share amount

§          Members who pay at least the minimum advertised monthly share amount (unless they become delinquent: see Section 8.c)

3. Release from Liability 

EES is a sharing society, and as such proportionally shares funds with subscribing members based on Verifiable Needs.  EES is not an insurance company, nor is it offered through an insurance company.  Whether or not a member chooses to continue to participate in the program is voluntary.  Membership in EES should never be considered a substitute for an insurance policy. Whether you receive any money for medical expenses, natural disaster relief, emergency travel or emergency housing or whether or not this society continues to operate, you will always remain liable for any unpaid bills. 

 This Membership Agreement is not a legally binding agreement to reimburse you for approved expenses that you incur, but rather a set of voluntary guidelines that provides you an opportunity to assist other members, like yourself, who are in need, and in return they will assist you when you are in need. YMLLC attempts to fairly verify the validity of the needs either utilizing its staff or by a contract TPA and on a prorated basis distribute funds to members as needs are presented.  The monetary assistance you receive will come directly from membership subscriptions and share amounts to EES, which are held in escrow through YMLLC.

 By accepting the terms of membership, you are releasing EES, it agents, employees, assigns, members, or extraneous supporters from liability for monetary or other damages that may occur in association with your voluntary participation in EES and you agree to hold EES harmless of any liability whether expressed or implied regarding the same.

 EES may provide links to other websites or databases for which YMLLC provides management or which EES feels would be a public service to its subscribing members.  These linked websites are outside of the EES website, and as such EES makes no attempt to verify claims made by service providers as to their professional status, educational requirement or business licensure, it should not be assumed that EES is in any way endorsing a particular service provider by them being listed on a website to which EES provides a link.  Further EES can only hope that the provider listed on a linked website has in all good and clear conscience sincerely accepted and agreed to a statement and ethics like that of EES and will therefore, abide by the same. 

By accepting the terms of membership, you are releasing EES, it agents, employees, assigns, members, or extraneous supporters from damages resulting from activities associated with goods, services, advice or counsel procured through EES in any manner inclusive or exclusive of whether good, service, advice or counsel was provided by an EES member or not. You agree to hold EES harmless of any liability whether expressed or implied regarding goods, services, advise or counsel procured through any links from the EES website.

4. Subscription Guidelines 

Members agree to pay a yearly membership fee and a share amount to be determined and published in writing or electronically on the EES website or as otherwise described in this agreement.  Participating members must agree to the EES Statement of Ethics.  As a standing policy, the membership fee and share amount(s) are posted on the EES website and may have several share levels depending on the needs of the membership and socio-economic market conditions at any given time.

Membership Fees 

Membership Fee Payments (including  Basic Membership Subscription and Emerg-e-Share Share Amounts) should be mailed to YHIDC, P. O. Box 34127, Pensacola, FL 32507, or given to a local Representative.  Checks should be made out to YHIDC.  A Local Representative is not allowed to take Payment for membership in cash only YMLLC home office can take cash payments. Payments to all others  must be made by Credit Card, Check, Cashier’s Check or Money Order. Under no circumstances will any portion of Membership Fees be refunded except in special cases of promotion in regards to membership enrollment. 

Subscription Payment

Subscription to EES is paid as follows:

 * Monthly only available for those paying by Credit or Debit Card

5. Member Benefits 

EES agrees to pay, provide or make arrangements to provide the following minimum benefits to all members: 

·          Pro-rata sharing for a Verifiable Need up to the allowable limit at a given time Refer to Member Benefits page of the web-site or see the Minimum Basic Approved and Excluded Items for Reimbursement in (5.a)  below.

·          A faxed, mailed paper, or electronic newsletter sent at a minimum quarterly. 

5.a           Basic Approved and Excluded Items for Reimbursement

Other Approved or Excluded items may be offered from time to time as incentives to the Members to participate more actively.  But once approved the benefit level that the Member chooses at that time will continue for that Member indefinitely, irregardless of benefit levels of new members, until such time that the Member’s subscription is terminated due to inappropriate behavior, non-payment or by voluntary request to end their member subscription.

5.b     Restrictions against Double Indemnity

 Because of the nature and spirit of the EES mutual sharing program Double Indemnity or duplicate reimbursement for the same need due to coverage from another mutual sharing program or Insurance Company is strictly prohibited.  If a member has any means of reimbursement from any other organization, other than EES, that means of reimbursement from that organization will be considered the primary means of payment to the member; and EES will be considered a secondary means of reimbursement.  EES will not reimburse any amount to a member (1.) if EES in its verification process has just cause to suspect that the request that the member is making is covered by a primary organizational reimbursement source or (2.) until such primary organizational reimbursement source terminally denies the claim or request of the member.  Further, if it is discovered that a member of EES has maliciously conspired to defraud EES by purposely engaging in Double Indemnity, the member’s membership will be immediately revoked without refund of any kind and may provide grounds for criminal fraud.

6. Privacy Agreement 

EES agrees to not sell, rent or otherwise share any Member information without the expressed permission of the Member.  Member agrees to allow EES to mail, E-Mail or phone the Member to alert Member of discounts, or other communication normal and customary for EES to send to its membership. 

7. Funds Accounting 

EES will periodically (quarterly or yearly) publish an on-line report that will be an accounting of a previous period’s financial reports.  This is for the purpose of good-faith accountability toward the membership. Members may request an annual accounting of EES’s financials for the previous year at any time. The Member must pay the photocopying, postage and handling charge for the reports being requested.  Generally the Receipt of Monetary funds will be divided as follows:

After the first 1400 paying members in a given year, the Administrative or Operational Expenses will be drastically reduced. After that point, a much larger balance can be transferred into the Emergency Pool Fund. Our goal is a maximum of 10% being paid for Administrative and Operational Costs.

8. Allowances/Adjustments/Defaults/Dispersals
 

8.a            Administrative/Operational Expense (AOE) Allowances 

AOE is comprised of salaries, bookkeeping, accounting, technical support, funds management, physical plant, utilities, licenses, fees, technical support contractors, customer service and other general operational costs.  While EES budgets up to 40% (forty percent) for Administrative and Operational Expense (AOE) allowances, operational expenses may not be this extensive.  In the event of an AOE surplus, EES may out of courtesy, but not obligation, annually set aside this surplus to meet EPF shortfalls. 

 8.b           Emergency Pool Fund (EPF) Allowances

The EPF is not an indemnity plan, and should not be considered a replacement for indemnity insurance, because you are not guaranteed the maximum or any amount from the fund. Therefore it cannot and should not be depended upon as a risk management instrument.  EPF is intended to be a secondary Mutual Sharing program between members of EES, where EES acts as the managing agent for the fund.  The EPF is based on Pro-Rata, Mutual Sharing.  Below is an example of how this works. 

Table 8.1

 On December 31^st, of each operational year 90% (ninety percent) of the remaining funds in the EPF may, in the case of a deficit during any month of the previous year, be dispersed to the EPF fund account and may out of courtesy, but not obligation, return this amount evenly to Members who only received a pro-rata share of their needs request from the EPF for prior months of the operational year. The remaining 10% (ten percent) of the residual EPF will remain to cover shortfalls for the coming operational year.

8.c           Default Benefits: 

Inability to Pay a Share:

In the event that a member either becomes unable to pay their monthly share amount during an anniversary year due to lack of income or financial hardship of any type, and the member provides an affidavit from a significant authority figure that financial need is present, EES will allow what they have been able to pay be used to calculate a maximum annual share benefit. EES will add up all payments made within the member anniversary year when request is made and for each dollar paid during that period not to exceed a 365 day year, the member may share up to $10 (ten dollars) for that anniversary year. This $10 is referred to as the Share Multiplier and may change from year to year.

·          EXAMPLE:     John, a member had to stop sending in a regular share amount of $49 per month during the 5^th month of his anniversary year. The EES office calculated his share amount like this  49 x 5 = 245, and 245 x 10= $2,450.  So John could share up to a total of up to $2,450 for the remainder of the year or up to $1,225 per each request in that year within the categories of the share plan.

8.d           Flex-Sharing: 

In the event that a member can only pay a specific one-time or monthly amount in excess of their annual or life-time membership fee, EES will allow what they have been able to pay be used to calculate a maximum annual share benefit. EES will add up all payments made within the member anniversary year when request is made and multiply that amount by ten (10) or the current Share Multiplier. This result is the Maximum Annual Share Benefit for that member’s Anniversary Year.  One-half of that amount is the maximum reimbursement that the member can receive for each of their two (2) request s for that Anniversary Year. 

·          EXAMPLE:        Sam, could only pay the annual membership fee and $100 one time. The EES office calculated his share amount like this  100 x 10 = $1,000.  So John could share a total of up to $1,000 for the remainder of the year or up to $500 per each request in that year for any category offered through the EES program

 8.e            INCOME CEILING Limit Exceeded and/or Delinquency 

In the event that a member’s annual income exceeds the EES INCOME CEILING limits, and they do not fall within the exclusions in Section (2.b.3), EES will allow what they are paying per month be used to calculate a maximum annual share amount. If the member is current with all share amounts, EES will add up all their annual share amounts. For each dollar already paid within the anniversary year the member may share up to $10 (ten dollars) or the current Share Multiplier minus the amount created by dividing the amount in excess of the Income Ceiling by the Income Ceiling Limit and then multiplying 10 (ten) or the current Share Multiplier by that fraction and then subtracting the result it from 10 (ten) or the current Share Multiplier. In no case, however, will the per-dollar Share Multiplier be decreased by more than 20% (twenty percent) (See EXAMPLE 1 below) unless the member is delinquent. If a member is delinquent, meaning that the member is due to pay monthly and is not current without notice to EES (see “Inability to Pay Share” section above) the per dollar Share Multiplier will be lowered by 30% (thirty percent), (See EXAMPLE 2 below). 

·          EXAMPLE 1:                                                                                                                                            

Debbie is now highly compensated at her job, and she was paying $30 per month for her particular share amount for a total possible share per year of $3,600. When she made her request, EES discovered that she now exceeds the INCOME CEILING for a single person by almost 100%.  The EES office calculated her share amount like this:  10 x .8 = 8 (remember the 20% discount), then EES multiplies her total payment into the fund for the year of $360 x 8 = 2,880 So she could share a total of up to $2,880 for the remainder of the year or up to $1,440 per each request in that year for any need within the categories that the share plan calls for.  

·          EXAMPLE 2:

Jeannie, was paying $30 per month for her particular share plan for a total possible share per year of $3,600. When she made her request, EES discovered she is 3 months delinquent in making her monthly payments and it is 9 months into her member anniversary year. Here is the calculation:  6 x 30 = 180, then they discounted her Share Multiplier by 30 percent or 10 x .7 = 7, then they multiplied the 7 x 180 = 1260 .  So she could share a total of up to $1,260 for the remainder of the year or up to $630 per each request in that year for any need within the categories that the share plan called for.

8.f            PRO-RATING OF BENEFITS for Normal Limits 

Because the possibility exists that if members who choose to, or by default, participate in the one dollar to ten dollars or current Share Multiplier ratio as described in (8.c), (8.d), and (8.e) to establish their Maximum Annual Share Amount, and in acknowledgement that if they only deposit enough, over and above their annual or life-time membership fee to cover any preventive care, emergency transportation, emergency housing and prescriptions, then their share requests will  cause undue burden on all other members who are depositing advertised minimum annual or monthly share amounts.  Therefore, if a member who by choice or default is participating in the EES fund in accordance to (8.c), (8.d) or (8.e) and whose total deposits into the fund in exclusion of their annual or life-time membership fee is less than one-half (1/2) of the advertised minimum annual share amount, then the Normal Limits of the share categories noted herein will be pro-rated in accordance to the formulas listed in the table below.  

Table 8.2

 PLEASE NOTE:

1.        This pro-rating is in addition to any global pro-rating that may occur due to requests received in excess of available funds for a given period

2.        This pro-rating does not apply to Founding Members, members who pay the advertised annual minimum share amount or members who pay the advertised minimum monthly share amount by credit or debit card.

3.        If a member paying the advertised minimum monthly Share Amount becomes delinquent due to non-payment, with or without notice then (8.c), (8.d), (8.e) and (8.f) will apply to that member

8.g            When A Member Can Begin Receiving EPF Funds 

Before a Member can receive EPF funds, the member must have satisfied the following criteria: 

1.        Member should collect and photocopy Receipts for expenses for approved Share Categories incurred within the member’s Anniversary Year prior to making a Request. Receipts for needs/requests dated before a member’s Anniversary Date of any given Anniversary Year will not be eligible for reimbursement, but may be listed on a website needs page or in a separate newsletter for voluntary assistance from other members 

2.        The Member must have either (a) paid their annual or life-time membership fee and first periodic share amount in full at least 90 days prior to the request or (b) been paying by automatic draft their periodic share amount monthly for at least 6 (six) months. This six-month period is known as the Maturation Period. 

3.        The Maturation Period is only 30 days for Preventive reimbursement and a preventive reimbursement counts as one of the two requests per year. 

4.        If a Member has a request, the Member will need to call, fax, E-mail or postal mail the request to the EES office, their local representative or designated Third Party Administrator (TPA).  

5.        Upon receipt and establishment of the request as a verifiable need, funds will be mailed to the address of the Member or the agency awaiting payment. 

6.        In rare, emergency cases EES may make immediate payments directly to the agent or agency, which is providing emergency assistance to the Member.

9. Verification of Emergency Condition or Verifiable Need 

EES may use any means necessary to verify if the request being made is legitimate. If EES discovers that a request is spurious in nature, EES will revoke the Member's subscription immediately with or without notice to the offending Member. This includes Members who are employed by EES. Members who are employees of EES must have their emergency fund request approved by the Bonded Funds Manager or TPA prior to distribution. 

10. Transfer of EPF Benefits 

Member to Member Transfer

A Group Member (Transferor) may transfer its level of EPF benefits to a needy member (Transferee) of the group if the Transferee is a natural person and an employee or legitimate member of the group. 

An Individual Member (Transferor) may transfer their level of EPF benefits to a family member (defined herein as a member of your household who achieved that status by marriage, birth or adoption and who is considered a dependent by Internal Revenue Service definition of “dependents”). 

 In the case of transfer, once the Transferor has transferred its EPF benefits, it may not access its EPF funds for 180 days from date of transfer if the Member is still a subscribing member at that time.

11. Behavior Standards 

Any unethical behavior exhibited by a Member of EES, which is demonstrated and proven, to have occurred shall subject the Member to sanctions from EES.  Unethical is herein described as obscene language, E-Mails, phone calls or overt, objectionable behavior exhibited toward EES employees, representatives, technical support staff, contractors or other EES Members.  These sanctions will include loss of emergency funds and permanent inability to re-subscribe.

12. Statement of Ethics 

I/we understand that Emerg-e-Share is an emergency-sharing program based on honor. Therefore, as a member of the Emerg-e-Share sharing society, I/we expressly agree to conduct myself/ourselves, in regards to my/our participation in the EES program, in a manner that I/we, myself/ourselves wish to be treated.  I/we will never misuse, abuse or “shade” facts to procure share funds when I/we am/are not entitled to them.  I/we will place my/our request(s) only when not to do so would cause myself/ourselves, my/our family or organization undue financial burden because I/we understand that Emerg-e-Share is intended as an emergency fund for its members. 

Misrepresentation of facts, whether committed by employee Members or non-employee Members, to obtain monies from the EPF may constitute fraud and as such will give EES the right and responsibility to prosecute the same to the fullest extent of the Law.
 

13. Membership Cards 

Each Member will be given a membership card. EES is not and does not assume any responsibility for lost membership cards. A new card will only be sent out upon the request, return and receipt of an old, damaged card at the EES office or upon re-subscription renewal. If a Member looses their card, they will not be able to receive a replacement for up to 90 days from the date that the Member notifies EES that the card is lost.   EES encourages Members to Photocopy their membership cards and keep it in a safe place. Sharing of Membership cards with anyone other than members of your immediate household (those living in your home) is strictly prohibited. 

NOTE: Loss of a card in no way affects the Member’s access to EPF funds during the subscription period if the Member can prove their identity when requesting these funds.

14. Voluntary Termination of Subscription 

A member may at any time terminate their subscription for renewal. This must be done by mail, E-mail or phone. All requests for termination must include the Member’s EES Identification number that they were given when they first subscribed.  Failure to include this number may delay your termination date and could lead to a re-subscription that you do not wish to take place. If this Voluntary Termination is not in accordance with (14.a)  or (14.b) below no amount of the Membership Fees or Share Amounts deposited during an Anniversary Year will be refunded. 

14.a          10 Day Look 

If a new member, at their option, chooses to end their membership within 10 days from the postmark on the envelope which was used to mail their membership card, they may do so and receive a refund of both their annual or life-time membership fees and their share amount less two-thirds of their annual or life-time Membership fee, This two-thirds amount is an Administrative Handling Fee because EES staff had to process the membership as if it were in full effect. To receive this refund, the new member must send by fax, postal mail, E-mail or via phone communication a request to terminate their new membership and then return the entire packet that contained their membership card. Member must include the card and the envelope in which the card was sent so that EES can verify the contact date to terminate membership and the postmark date. 

14.b         GUARANTEE OF SATISFACTION

Individuals and companies that believe in mutual sharing will be happy being a part of the Emerg-e-Share® (EES) program. But if you are new to the concept of Mutual Sharing and are not sure that it is right for you, we make this guarantee of satisfaction:

Annual Memberships

If you join the EES sharing program by paying your annual or life-time membership fee and then by (1) paying the Full Annual Share Amount (less the 2% discount) and (2) you have fulfilled your Maturation Period within the first twelve month of your Anniversary Year and (3) you make your first  Approved Request for funds that would have normally have been in excess of your Full Annual Share Amount, but (4) your request is pro-rated such that the amount that you will receive is less than your Full Annual Share Amount; then at your option, you may request to terminate your Membership with EES and if you do, EES will immediately refund any difference between 60% of you Full Annual Share Amount (the escrow amount) and the pro-rated amount you received from your first request and will pay the remainder of your Full Annual Share Amount balance back to you with 5.0% (five and no 100th percent) interest over a 24 month period. If you choose the termination option we will assume that you never wish to be a part of EES in the future and reserve the right to put a block on future membership and in all cases the Yearly Membership Fee is non-refundable

Monthly and Flex-Share Memberships

If you join the EES sharing program by paying your annual or life-time membership fee and then by (1) paying the Monthly or Flex-Share Amount and (2) you have fulfilled your Maturation Period within the first twelve months of your Anniversary Year and (3) you make your first Approved Request for funds that would have normally have been in excess of the sum of your Share Amount payments, but (4) your request is pro-rated such that the amount that you will receive is less than the sum of your Share Amount payments in your first anniversary year; then at your option, you may request to terminate your Membership with EES and if you do, EES will immediately refund any difference between 60% of the sum of your Share Amount Payments during your anniversary year (the escrow amount) and the pro-rated amount you received from your first request . If you choose the termination option we will assume that you never wish to be a part of EES in the future and reserve the right to put a block on future membership and in all cases the Yearly Membership Fee is non-refundable

15. Voluntary Consent 

By accepting the terms of membership, you are saying that you have had ample time to read and understand the terms of this membership agreement and you agree to all of the terms and agree to adhere to, accept and obey them. You further agree that your membership is voluntarily entered into without coercion of any type and that with a clear and purposed conscience you agree to the statement ethics and agree to abide by them to the best of your ability.  You further agree that if the point comes where you can or do not agree with the statement of ethics or if it is discovered that you have dishonestly agreed to the statement of ethics or not adhered to or obeyed the terms of this agreement, then EES reserves the right to terminate your membership with notice by electronic or postal mail 30 days from termination.

16. Member Advisory Board (MAB)

16.a       Purpose

The Member Advisory Board is to provide three distinct functions for EES:  (1.) Funds Oversight and (2.) Settling member complaints that may arise from denied requests that EES has determined do not fall within the approved categories of needs and (3.) to act as a Mediator of disagreements arising from administrative operational decisions by YMLLC regarding the EES program.  

16.b        Oversight Review and Resolution Powers

The MAB will at least annually review the administrative use of funds distributed and maintained by YMLLC to insure that the minimum sixty percent of all collected funds have been escrowed for the benefit of EES members. The Member Advisory Board is the final authority for resolution of complaints from EES members.  If a member has a complaint about any request or administrative decision of YMLLC, the MAB will review the complaint and the decision of the MAB will be final.  This notwithstanding, YMLLC is not obligated and even prohibited from acting on MAB decisions that would negatively impact either the financial solvency of the EPF Escrow fund or economically impact the administrative budget of YMLLC in order to satisfy a member complaint.

16.c        Direct Contact to MAB

Contact to the MAB does not have to be funneled through the EES administration office.  Board Members may be contacted directly if a member wishes their complaint or comment to be handled directly by the MAB.  Name and addresses of MAB members who wish to have their contact information publicly available will be posted on the website.

16.d        Board Make-up and Member Participation

The MAB is made up of the joint boards of the non-profit organizations that originally conceived EES along with at least one non-voting visiting liaison person from YMLLC and at least one voting member from the general membership population.  To increase the oversight of the EPF fund, a member’s name will be randomly selected and offered an Advisory Board position to the oversight committee for the EPF fund.  This will include a member being willing to dial in on a long-distance number at least once per year to oversee the dispersal of funds and handle other matters currently before the MAB.  While participation on this oversight committee is voluntary, and an unwillingness to serve on this committee in no way jeopardizes the membership status, EES may give specific rewards to those who serve on this committee which rewards will be determined at the time of the member’s tenure on the committee.

17.      Amendments

This agreement may be amended from time to time to meet the financial, emergency and operational needs of the EES program. These amendments will be posted on the website and may be mailed to members. Any amendments made to the EES program will apply to all past, current and future members regardless of the original anniversary date of the member’s membership and will become part of agreement for request management as of the date of its insertion.  The only exclusion to this rule is that Founding Members may never have their original plans modified regardless of date of said amendments unless such amendment is for their benefit.

I understand this agreement and intend to the best of my ability to comply with it.

__________________________  Date _______________

Member Signature

______________________________________
Member Name

Summary of Key Points of
The Emerg-e-ShareÒ (EES) Membership Agreement

Section 1.           Definitions 

• Anniversary Date – Date your very first payment is credited into EES’ bank
• Anniversary Year – 365 day period from your Anniversary Date
• Double Indemnity - being paid by EES and another share fund or insurance company for the same need.
• Share Amount – the amount you put into the EES fund after you pay your membership fee
• Share Multiplier – the number that you multiply times your sum total Share Amount that you   deposit during your Anniversary Year to calculate your Maximum Annual Benefit.
• Verifiable Need – an EES approved need that you must prove you have, or for which payment is now due which occurred after your Anniversary date and within your current Anniversary Year.

 Section 2.          General Intent

• If it is discovered you abused the fund, your membership will be revoked and we file a fraud claim
• The fund is for those who need assistance affording Health-Insurance and other forms of risk protection
• If your income is over a certain limit which we call the INCOME CEILING, your share benefit may be reduced by up to 20%
• Founding Members, your first 2 requests and small non-profit organizations are generally exempt from INCOME CEILING reductions

Section 3.         Release from Liability

• You take the total responsibility for paying your bills, and hold EES harmless for damages that occur if you do business by following a link from the EES website to an outside supplier.

• EES in not insurance and makes no legal guarantees for payment since it is a sharing society and may have to pro-rate benefits to members dependent on funds available.

Section 4.         Subscription Guidelines

• You can pay your subscription to EES once for a life-time

• Your Share Amounts can be paid monthly, yearly or as you can afford it

Section 5.         Member Benefits

• See table for Approved and Excluded Categories of sharing

• At least an E-mailed newsletter at a minimum quarterly

• A member cannot be reimbursed for a need by EES if they will be reimbursed from someone else. This is called "Double Indemnity" and is strictly not allowed.

• Purposely engaging in "Double Indemnity" with EES is illegal if you lie and commit fraud.

Section 6.         Privacy Agreement

• EES will not sell, rent or share member information and will only use E-mail to correspond with members

Section 7.        Funds Accounting

• Finances are posted on-line

• Membership fees cover Administrative Cost

• A minimum of 60% of Share Amounts go into the EES fund, a maximum of 40% goes to administrative expenses

• After the first 1400 Founding Members Join, the fund will be fully funded and the Administrative percentage could fall to 10% and up to 90% would go into the EES fund.

Section 8.        Allowances/Adjustments/Defaults/Dispersals

• If more request come in than there are funds, the requests will be p