[Eg-oversight-board] Fwd: Nonprofit Documents

Tue Mar 6 08:20:34 EST 2018

Hi Tim,
   I have no questions or concerns at this time. Can I assume you will let us know when you need signatures from the board?

Scott

From: eg-oversight-board [mailto:eg-oversight-board-bounces at list.evergreen-ils.org] On Behalf Of Timothy Spindler
Sent: Monday, March 5, 2018 3:16 PM
To: Oversight Board <eg-oversight-board at list.evergreen-ils.org>
Subject: [Eg-oversight-board] Fwd: Nonprofit Documents

Donna has forwarded me the initial documents to begin the process.  Please let me know if you have any questions or concerns.   These are "Preformation agreeements" and not the final document.

Please find attached two documents from Dale & Jennifer, our attorneys.

#1  Jenkins & Kling Letter -- outlines MOBIUS' agreement with Jenkins and costs

#2  Formation Services -- requires  EOB signatures and outlines our relationship concerning nonprofit incorporation

We anticipate that the schedule for incorporating Evergreen will be as follows:
 (1)    Approximately 2 weeks after MOBIUS and Evergreen sign the preformation services letter agreement, Jenkins & Kling will send out drafts of the corporate formation documents, including the articles of incorporation, proposed bylaws, and initial corporate minutes.

(2)    Evergreen will have 2 weeks to review these documents and provide comments.

(3)    1 week after receipt of comments, Jenkins & Kling will either circulate revised drafts (if comments were extensive) or file to form the corporation and finalize the corporate documents (if comments were minimal).

(4)    Within 1-2 weeks after the company is formed, Jenkins & Kling will prepare the tax exempt applications and have those along with the final corporate documents sent to Evergreen for execution.

(5)    Upon receipt of the completed tax applications from Evergreen, Jenkins & Kling will file such applications with the appropriate authorities.

(6)    While tax applications are pending, Jenkins & Kling and MOBIUS will work to prepare the final services agreement between MOBIUS and Evergreen.  Once that is signed, the withdrawal and assignment process will occur.

[https://lh5.googleusercontent.com/C1fNrKOLEXFs-jfAIXQIMqbKqVBCJrBceOenfgotAcJE6XtZ2ZeeTYFkyfir63-HfzjX6q5zhBQWiO5RZk2tYnWzJ1_rjAADAH4nCmiuhNJuoG8HZLq7MBW-pAU4R9ScKcCybdVO]<http://www.cwmars.org>

Tim Spindler | Executive Director | CW MARS

tspindler at cwmars.org<mailto:tspindler at cwmars.org> | 508-755-3323 x120

http://www.cwmars.org<http://www.cwmars.org/>

---------- Forwarded message ----------
From: Donna Bacon <donna at mobiusconsortium.org<mailto:donna at mobiusconsortium.org>>
Date: Mon, Mar 5, 2018 at 1:15 PM
Subject: Nonprofit Documents
To: Timothy Spindler <tspindler at cwmars.org<mailto:tspindler at cwmars.org>>

Tim,