Application for Company Membership

Herefordshire County BID

Your Information

All information will be treated in the strictest of confidence.

ALL BID LEVY PAYERS ARE ELIGIBLE TO JOIN THE COMPANY.

ALL BUSINESSES THAT ARE EXEMPT OR MAKING A VOLUNTARY CONTRBUTION ARE ELIGIBLE TO JOIN THE COMPANY. THIS WILL NORMALLY BE 2% OF YOUR RATEABLE VALUE WITH A £240 MINIMUM AMOUNT PA

NON RETAIL CHARITIES, NON PROFIT ORGANISATIONS AND INTEREST GROUPS CAN ALSO BECOME NON VOTING MEMBERS OF THE COMPANY. NORMALLY THIS WON'T INCUR ANY COST FOR THESE TYPE OF ORGANISATIONS AND ALLOWS YOU TO GET COMPANY INFORMATION AND JOIN WORK GROUPS. PLEASE FILL IN THIS FORM AND WE WILL CONTACT YOU IF NECESSARY.

Question Title

* 1. Please provide the following information

Your Name

Business Name

Position

Street Address

City/Town

Postcode

Phone

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* 2. I/we would like to become a member of Herefordshire County BID Company Ltd, a private company limited by guarantee. I/we also declare that I/we are not a ‘Local Authority Person’ and will advise the Company of any change in such status which could cause it to become a regulated company.

Where the applicant is a body corporate (eg a Limited Company), I hereby certify that I am a duly authorised person of the aforementioned body and authorised to accept the invitation referred to:

I also fully accept and will adhere to the rules set out below (Company Membership Rules):

Print Name (Signature)

Position

Date

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* 3. Please indicate below that you have read and agree to the Company Membership Rules. These are:

1) Every BID Levy Payer or equivalent financial contributor is eligible to become a member (restricted to one member per business).
2) Where a levy payer has multiple hereditaments he/she is entitled to one membership/one vote.
3) In order to become a member, a levy payer must complete this form.
4) In order to become a member a levy payer/financial contributor must have paid their dues in full in the previous year and have paid the current years levy/contribution within 3 months of the issue of the first bill/invoice.
5) This is a company limited by guarantee. As such, it has members rather than shareholders, who are each entitled to:
· Receive a copy of the company’s annual accounts;
· As approriate, attend general meetings and cast a vote;
· Vote on Company matters as appropriate (inlcuding election of Directors)
6) Members must work in the best interests of the company and its objectives and in supporting and ensuring the delivery of the agreed Business Plan. Rules set out in the BID Company Articles of Association and those of Companies House relating to the conduct of members/directors will also apply.
7) Members must declare any conflicts of interest.
8) Members are required to treat all communications and discussions of and relating to Company business, verbal and written as confidential and not to be discussed, distributed or used in any way unless agreed by the Company Board.
9) By signing this form members will also confirm that they have not been disqualified from standing as a Director of a Company or been have convictions relating to financial or company wrongdoing.
10) Membership applications will be vetted by the existing Directors. Decisions will be final and not subject to appeal.
11) Breach of any of the above rules will mean cancellation of membership of the Company. This will be decided by the Board Directors and not subject to appeal
12) If the company is wound up, the maximum you commit to paying towards the company’s debts is £1. This is the guarantee you would make upon becoming a member, as described in the articles of association, and applies for the time you are a member and 12 months thereafter.

I have read and agree to abide by the Company Membership Rules and understand that a breach of those rules will mean cancellation of my membership of the company.

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* 4. I am happy to recieve information about my membership and activities of Herefordshire County BID.

Yes