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11.2 Capital Contribution. Each new Member must contribute to the Department an amount <br />equal to the new Member's allocated share of the Department's then -existing equipment and <br />personal property, which share will be calculated in accordance with Section 7 of this <br />Agreement. The new Member's capital contribution may be reduced by the value of any <br />equipment or personal property owned by the new Member, where ownership is transferred to <br />the Department. If the new Member desires to contribute equipment that the Member leases <br />rather than owns: the new Member must assign the lease to the Department; the new Member's <br />capital contribution will be reduced by the calculated current value of all lease payments; the <br />new Member annually must reimburse the Department for lease payments made under the lease; <br />and all Members' shares of the operating budget under Sections 7 and 8 will be calculated <br />without regard to the lease payments. The Board and the governing body must agree upon the <br />amount of the new Member's capital contribution and the time for payment, which may not <br />exceed 5 years, prior to the approvals required under Section 11.1 above. <br />11.3 Board Membership. Each new Member shall appoint one Voting Director, one <br />Alternate Director and two Ex-Officio Directors to the Board, in the same manner as provided in <br />Section 2.2 of this Agreement. Provided, at all tunes during which Orono's cost share exceeds <br />fifty percent (50%) of the Department budget, fifty percent (50%) of the Board shall be <br />comprised of Voting Directors appointed by Orono; Orono shall have the right to appoint <br />additional Voting Directors as needed to maintain that percentage. If Orono's cost share drops <br />below fifty percent (50%) during any budget year, the Board shall be converted to be comprised <br />of one Voting Director from each Member and Alternate, Contract and Ex-Officio Directors as <br />provided in Section 2 of this Agreement. Conversely, if Orono's cost share rises above fifty <br />percent (50%) during any budget year, the Board shall be converted whereby fifty percent (50%) <br />of the Board shall be comprised of Voting Directors appointed by Orono. <br />11.4 Funding. The funding shares of all Members shall be adjusted as provided in Section 7 to <br />reflect the addition of any new Member. <br />11.5 Adjustment of Membership. If any Member consolidates with another Member <br />governmental unit, the consolidated governmental unit shall automatically become a single <br />Member under this Agreement, and funding shares of all Members shall be reallocated as <br />provided in Section 7 of this Agreement <br />11.6 Agreement to be Bound by Existing Policies. Each new Member agrees to be bound by <br />the provisions of this Agreement and by the adopted operating policies in effect at the time the <br />new Member joins the Department. <br />SECTION 12 DURATION, WITHDRAWAL AND DISSOLUTION OF DEPARTMENT <br />12.1 Duration. The initial Term of this Agreement shall be from the Effective Date until <br />December 31, 2045. This Agreement will automatically renew for successive terms of five (5) <br />years each, unless dissolved as provided in Section 12.3, <br />12.2 Withdrawal. <br />235703v20 <br />